White Paper: A financial adviser’s guide to Blockchain, Bitcoin, and Cryptocurrencies

Aim: To explain blockchain technology and cryptocurrencies, such as Bitcoin, and the benefits, risks and disadvantages of each as an investment.

Outcome: Completion of this module will enable financial advisers (audience) to:

  • Understand what blockchain is and its function;
  • Identify the risks and benefits associated with blockchain;
  • Understand how to buy, sell and trade cryptocurrency, and
  • Use the above information to offer guidance to clients looking to invest in cryptocurrency as part of the investment portfolio.

Abstract: This module provides an introduction to the distributed ledger technology, blockchain and its relationship with cryptocurrencies. It is aimed at providing a base level understanding for financial advisers, sufficient for them to be able to explain these technologies to their clients. The advantages, benefits, disadvantages and risks of this technology are described.