Basic Training (3 Days)

Price: £450.00

Training to be held in Accra - Ghana

Scope: This course is for beginners with no prior knowledge of digital currency or blockchain technology.

Basic Training (3 Days): Introduction to Digital Currency and Blockchain

Day 1: Concept Overview

1. Introduction to Digital Currencies: A broad overview of digital currencies, their function, and their benefits over traditional money.

2. What is Blockchain?: Understanding blockchain as the technology that powers digital currencies, with simple, practical examples.

3. The Evolution of Digital Finance: A brief history of digital finance and how digital currencies fit into this evolution.

4. The Role of Africa Digital Coins (ADC): An introduction to how ADC leverages digital currencies for cross-border trade.

5. Key Terms & Definitions: Familiarising participants with essential terminology like wallets, exchanges, and decentralisation.

6. Digital Currency vs. Traditional Currency: Understanding the key differences between digital currencies and fiat money.

7. Global and African Adoption of Digital Currency: A look at how digital currencies are being adopted across Africa and the world.

Day 2: Processes and Transactions

1. How Digital Currency Transactions Work: Explaining the step-by-step process of how digital currency transactions occur on the blockchain.

2. Setting Up a Digital Wallet: Guidance on creating, managing, and securing a digital wallet to send and receive funds.

3. Making Your First Transaction: A practical demonstration of how to transfer funds using ADC’s platform.

4. Understanding Transaction Fees: Breaking down the costs associated with digital currency transfers and how they are calculated.

5. Cross-Border Payments in Africa: How ADC helps facilitate seamless currency exchange between African countries.

6. Security Features in Digital Transactions: Explaining the security features that protect transactions, like encryption and two-factor authentication.

7. Common Errors and How to Avoid Them: Identifying potential mistakes in digital transactions and how to resolve them.

Day 3: Technology Involved and Risk Management

1. Introduction to Blockchain Infrastructure: A simplified look at how blockchain technology supports digital currencies.

2. How Blockchain Ensures Security: Exploring how blockchain’s decentralised nature keeps transactions secure.

3. Basic Cybersecurity Practices: Essential practices to keep your digital currency wallet and transactions safe.

4. Understanding Private and Public Keys: Explaining the cryptographic system used in digital currencies for authentication.

5. Risk in Digital Currency Transactions: Identifying the main risks associated with digital currencies, such as volatility.

6. Simple Risk Management Strategies: Practical advice on how to protect against common risks in the digital currency space.

7. Compliance with African Regulations: Introduction to the regulatory frameworks around digital currencies in Africa.