An Interactive 5-Day Training Course

Payments, Digital Currencies and Cashless Economies

Blockchain and Distributed Ledger

22 - 26 Jun 2026
Dubai
| $5950
30 Nov - 04 Dec 2026
Dubai
| $5950

Introduction

This GLOMACS Payments, Digital Currencies and Cashless Economies training course simplifies the understanding of the cashless economy.  Fintech has become an inevitable buzzword in recent years.  The term is widely used to describe internet - and smartphone-enabled financial innovations that have gained prominence since the 2008 financial crisis. From artificial intelligence (AI) to cryptography, rapid advances in digital technology are changing the landscape of financial services, creating opportunities and challenges for consumers, service providers and regulators.

As interest in blockchain technology grows, companies face many decisions, challenges, and legal issues related to its adoption. Relevant topics include the overall design and control of blockchain systems, potential liability for the use (or misuse) of data contained in the system, and the consequences of immutably tracking data and transactions in near-real time.  The financial services industry is one of the sectors expected to benefit most from blockchain in the next few years. The main reason for this is that its "core functionality of validating and transmitting financial information and assets is very closely aligned with the core transformational impact of blockchain".

This Payments, Digital Currencies and Cashless Economies training course will highlight:

Key Learning Outcomes

At the end of this training course, you will learn to:

Training Methodology

Provides a starting point for course learning. Introduces and explains the central themes of the curriculum. It is not intended to replace the independent research, established textbooks, and other scholarly literature, but to aid in the effective use of those other sources.  To fulfill this function, the training is designed to be easy. Occasionally, specific topics are discussed in considerable detail without duplication. It also includes some features to help you learn such as learning activities designed to make you think critically about the material.

Payments, Digital Currencies and Cashless Economies

Who Should Attend?

Organization will benefit from the following knowledge and set of skills that the participants gain:

  • Know about FinTech developments and their key players, products and trends.
  • Understand the regulatory challenges posed by fintech.
  • Identify the key elements of the Payment Services Directive 2 (PSD2).
  • Recognize the need for customized crowdfunding regulation.
  • Distinguish the characteristics of different types of crypto assets and the risks associated with them.
  • Differentiate some key issues related to crypto-asset regulation.
  • Segregate the legal and regulatory challenges of blockchain.
  • Find out whether smart contracts have legally binding contractual effects.

Learning Journey Breakdown

  • FinTech: law and regulation
  • What’s new in Fintech
  • Artificial intelligence (AI), machine learning
  • Biometrics and robo-advice
  • Blockchain
  • How should regulators respond?
  • What is PSD2?
  • Customer consent
  • Customer authentication
  • Open banking
  • Types of crowdfunding
  • (Why) should crowdfunding be regulated?
  • Authorization and licensing requirements
  • Investor protection
  • Governance of crowdfunding platforms
  • Crypto assets – taxonomy and legal status
  • Regulation of crypto assets
  • Initial Coin Offering (ICO)
  • DLT and blockchain overview
  • Common use cases for blockchain technology in financial services
  • Legal and regulatory issues to consider when implementing
  • Smart contract models
  • Do smart contracts have legally binding contractual effect?
  • Other legal issues relevant to smart contracts
  • Dispute resolution challenges in the blockchain ecosystem
  • Types of disputes likely to arise
  • how to determine applicable law for Blockchain?
  • Governing law and jurisdiction challenges

Ready to Take the Next Step?

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