Cryptocurrency: An Introduction to its Origins and Mechanics
Learn the basics behind cryptocurrency, from its origins to its mechanics and legality in this free online course.
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This free online course introduces you to the basic concepts of cryptocurrency and begins by explaining what digital currencies are, as well as exploring their origins and the blockchain technology which makes them possible. You will then be introduced to the properties, ransomware and malware connected to cryptocurrency. During the course you will also learn about development, prices and different types of digital currencies and what they offer. Plus, you will be guided in how to go about choosing a currency which best suits your needs and how to exchange cryptocurrency.
The course then takes a deeper dive into the mechanics of how cryptocurrencies work, from their virtually anonymous nature to the technology that they are built upon. It also looks at more ways to do further, in-depth research of a particular currency. Finally the course looks at the legal situation of cryptocurrencies, both in the UK and around the world. You will learn how they are treated for tax purposes and how governments may begin to impose further regulations on their use as digital currencies become more widespread and mainstream.
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This free course, which also features optional activities to help further your learning, will be of great interest to anyone who wants to know more about cryptocurrencies and will give you a base to progress to further study and take your first steps into the world of digital currencies. With cryptocurrency increasing in legitimacy and becoming a bigger part of mainstream life all the time, understanding what it is and how it can be used has never been more important. So start your learning journey today.
An Introduction to Cryptocurrency
An Introduction to Cryptocurrency - Learning Outcomes
Introduction to Cryptocurrency and Key Terms
Origins and Blockchain Technology
Properties, Ransomware and Malware
An Introduction to Cryptocurrency - Lesson Summary
The Types of Cryptocurrency
The Types of Cryptocurrency - Learning Outcomes
Development, Prices and Types of Cryptocurrency
Choosing and Exchanging Cryptocurrency
Types of Cryptocurrency - Lesson Summary
The Mechanics of Cryptocurrency
The Mechanics of Cryptocurrency - Learning Outcomes
Transactions and Cryptocurrency
Hashing and Blockchain Technology
The Mechanics of Cryptocurrency - Lesson Summary
The Legalities of Cryptocurrency
The Legalities of Cryptocurrency - Learning Outcomes
Cryptocurrency Laws & Taxes
Legal Concerns over Cryptocurrency
Proposed Cryptocurrency Regulations
The Legalities of Cryptocurrency - Lesson Summary
By the end of this course, you will be able to:
- Explain the basics of cryptocurrency, including definitions of key terms
- Outline how blockchain technology works and how it is related to cryptocurrency
- Describe the properties of cryptocurrency transactions
- Explain how cryptocurrency is developed
- Describe the types and most popular forms of cryptocurrency
- Explain how to choose which cryptocurrency is right for you
- Explain the difference between pseudonymous transactions and anonymous ones
- Summarise information about cryptography and its applications to cryptocurrency
- Explain the definition and importance of hashing
- Describe the way the UK treats cryptocurrency for tax purposes
- Discuss proposed and suggested regulations regarding cryptocurrency in the UK
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