Blockchain and distributed ledger technology are considered by experts to be the biggest technological change since the invention of the internet. Since ancient times money has been the domain of governments. Because digital currencies such as Bitcoin are not created by governments as a central authority, and are being increasingly used to transfer wealth, regulators struggle on how to categorize such digital assets.
It is predicted that 10% of the global GDP will be handled by blockchain by 2027. Starting this Fall on September 19th, The Chang School of Continuing Education part of Ryerson University, is offering a course on blockchain regulation and governance.
The course is being taught by Professor Timothy Storus. Timothy Storus is the former Head of Legal and Compliance Department, Chief Compliance Officer, and Chief Anti-Money Laundering Officer at the Bank of China (Canada). He has held General Counsel positions at various banks and trust companies over the years.
The course is geared towards legal professionals, regulators, and people with an interest in technology, start-ups, and cryptocurrencies. For lawyers, understanding blockchain and the current law will help them advise clients on contracts, securities, and litigation. Examples of current commercial applications of all three typologies will be explored.
Each class will focus on a different aspect of blockchain technology, including:
- the difference between crypto-currency and traditional money;
- the uses of block chain technology;
- utility tokens;
- security tokens;
- fraud, theft, and anti-money laundering efforts; and
- smart contracts.
The course is taught over 12 weeks, from 6pm-9pm, on Thursday nights (starting September 19). To learn more about the course or to enrol click here.
(Views are my own and do not reflect the views of any organization.)