From the course: Top 10 Skills for FinTech Analysts
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Blockchain technology
From the course: Top 10 Skills for FinTech Analysts
Blockchain technology
- [Narrator] Now let's talk about Blockchain. Blockchain is a decentralized digital ledger of transactions used to securely and transparently record information in a way that is almost impossible to alter or tamper with. I say almost because nothing is perfect but it is one way that we can essentially remove the arbiter of the truth. You no longer need to have a party in the middle of a transaction saying, yes, that was a real transaction. Yes, it was valid, you can do so using this technology, which removes one of the weakest links in the chain of actually processing transactions. Now in the financial industry, Blockchain has the potential to streamline processes, reduce costs, and increase transparency and security. For example, we can use something like blockchain to create a decentralized digital currency, such as the promise of Bitcoin and all the other coins out there. But these coins can also be created in issued by…
Contents
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Skills for FinTech analysts4m 2s
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Understanding of financial technology2m 52s
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Ability to analyze data2m 55s
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Financial modeling4m 42s
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Attention to detail3m 58s
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Strong communication skills3m 4s
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Knowledge of financial regulations3m 14s
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Flexible and agile3m 33s
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Machine learning3m 54s
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Blockchain technology3m 30s
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Cybersecurity2m 38s
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See you in the next course25s
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