19 октября 2016 г.

Although many might have heard about the Bitcoin payment system, not everyone knows how the decentralized cryptocurrency system works. CFA Association Russia invited Dr. Sviatoslav Rosov, CFA, analyst at CFA Institute London office, to talk about the nitty-gritty details of financial blockchain mechanics and implications, using the example of Bitcoin.

Guests gathered at Greene King Pub & Kitchen had a chance to learn about the ins and outs of the peer-to-peer payment system, how transactions work and are recorded. Sviatoslav also shared his thoughts why China has become the Bitcoin “mining” superpower and why it is extremely hard to hack the payment system.

With all the fuss around Bitcoin, will it eventually drive out banks from the financial payment system? Bankers may breathe out, because this won’t be happening any time soon. According to CFA Russia’s keynote speaker, Bitcoin still has to figure out how to effectively deal with potential security issues and avoid being abused by criminal elements.

Stay tuned, as more details and video fragments of the presentation will be published soon.