Using Blockchain for Validation & Transparency – An Introduction

Why Attend

Financial information and transaction demand confidentially and accuracy. As technology has evolved, the benefits and uses of blockchain in the corporate environment have come to the fore. Blockchain has application is many aspects of operations, but its relevance within the Finance function has only recently become more prominent. Potential benefits of blockchain*:  Up to 95% reduction in errors, due to the elimination of out of sync ledgers and reconciliations  Up to 40% increase in efficiency, due to straight through processing and a single source of truth  Up to 25% improvement in customer experience, due to faster processing and use of digital channels  Up to 75% reduction in capital consumption, due to quicker settlement of trades, straight through processing, and freed up capital flows * Based on KPMG research This course looks at how blockchain can be leveraged to make finance more efficient and effective. It is introductory in content and should be used a primer for a deeper understanding of the technology.

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Course Objectives


  • Potential benefits of blockchain*:
  •  Up to 95% reduction in errors, due to the elimination of out of sync ledgers and reconciliations
  •  Up to 40% increase in efficiency, due to straight through processing and a single source of truth
  •  Up to 25% improvement in customer experience, due to faster processing and use of digital channels
  •  Up to 75% reduction in capital consumption, due to quicker settlement of trades, straight through processing, and freed up capital flows
  • * Based on KPMG research
  • This course looks at how blockchain can be leveraged to make finance more efficient and effective. It is introductory in content and should be used a primer for a deeper understanding of the technology.


Target Audience


All Finance staff

Overview of Blockchain technology

  • Origins and architecture
  • Public, Private and Hybrid
  • Getting ready for Blockchain
  • Need for strategic evaluation before adoption
  • Understand the challenges of implementation the technology

Overview of Distributed Ledger Technologies

  • Multiparty validation
  • Audit trail
  • Historical data
  • Dynamic and payment registries

Instant Settlements

  • Use is supply chain – suppliers and customers
  • Reduced clearance factors
  • Transactional traceability
  • Fraud protection

Reduced Counterparty Risks

  • Removal of middle parties
  • Enhanced security – single source of truth
  • Reduced costs
  • Direct verification of transactions
  • Avoidance of duplication

Improved Contractual Performance due to Smart Contracts

  • Triggered by pre-set conditions
  • Contractual validation
  • Easier to trace issues
  • Increased transparency between counterparties
  • Reduced error handling and reconciliation

Areas of application

  • Payments
  • Contracts
  • Invoicing
  • Document validations
  • Traceability of products

Step 1: Select Prefered Schedule


Date Fee (GHS)

Step 2: Choose Registration Type