COURSE OVERVIEW
Today we live in the Information Age - computers, mobile phones and networks, where information systems operate on both a real-time and as-needed basis (strong dependence upon technology). Our relationship to technology has moved from instrumental to existential bringing a new lifestyle and a new economy.
Currently, people heavily rely on the Internet and social networking sites as a connection that binds them to the world. Virtual worlds are persistent computer-generated environments in which participants interact with each other using avatars. These communities have experienced exponential growth in the last few years. Millions of people from all over the world visit them on a daily basis for social, entertainment and business purposes. The majority of virtual environments operate under some type of economy within world property and currency systems.
The heart of the virtual economy is trade: to improve their virtual status, participants must acquire more and more virtual items and currency. Although trade in virtual items began within the online environments, it soon expanded beyond their boundaries. This has effectively taken the global financial system and its regulatory environment by a storm necessitating both pro-active and reactive approaches.
WHO SHOULD ATTEND?
Corporate Investment bankers; Compliance officers; business development executives; financial sector regulators; policymakers; crypto-economists; central bankers; academia
HOW PARTIFCIPANTS WILL BENEFIT
At the end of the course, participants will be able to:
• Be exposed to the distributed ledge technologies and the virtual economy;
• Appreciating virtual assets – from investment management and capital raising perspectives;
• Glimpses into the policy and regulatory framework of the virtual/digital economy.
TOPICS INCLUDE
• Blockchain, Distributed Ledger Technologies (DLT) and Decentralized finance (DeFi)
• Introduction to Virtual Assets and its impact on economic development
• The Central Bank Digital Currency (CBDC) and Economic development
• The Virtual Assets Service Providers (VASP) and CBDC Concept
• Structure and use case of VASP and CBDC
• Investment banking and capital raising opportunities
• The legal and regulatory framework
• Central Bank Digital Currency and its impact on fiscal and monetary policy
• Suitable methods of administration
• Case Studies | 
