Blockchain Essentials for Lawmakers







Blockchain Essentials for Lawmakers

4 Hours | 8 OnDemand Lessons | Instructor AMA | BCA Microcredential Exam Voucher

The Blockchain Essentials for Lawmakers course invites the world of blockchain, crypto, and distributed ledgers.  Understanding blockchain and cryptocurrencies are paramount to understanding and regulating this growing technology.  In this course, participants will be introduced to topics and use cases relating to the technology and potential deployment by the government sector. Participants do not need to follow the sequence of the course, you are free to jump to modules that are of interest to you and then return to modules when the need arises and your time allows.

Estimated time to complete: 4 Hours

Who should take this course

  • Members of the government and their staff can take advantage of this program.


  • None

Key Takeaways:

  • Having a basic understanding of Blockchain
  • Learning about Cryptocurrencies
  • Understanding the types of Stablecoins in the Digital Currency space
  • Learning about Central Bank Digital Currencies
  • Exposure to a number of  actual Government use cases 

Course Assessments

  • Module 1 & 2 Quiz – 5 questions
  • Modules 3 & 4 Quiz – 5 questions
  • Modules 7 through 11 – 5 questions
  • Final Exam – 20 questions – Must achieve 70% or greater to pass the course. You have three final exam attempts.



Course Outline

Module 1: Blockchain and Digital Ledger Technology

  • Disruptive impact of blockchain technology
  • Consensus models
  • Smart Contracts
  • Generational Technology

Module 2: Crypto Currencies Crypto Currencies “What are they?

  • How are they created?
  • What determines value?
  • Metrics of Influence
  • Size of crypto market
  • Size of individual coin markets

Module 3: Stablecoins Stablecoins “What are they?

  • How do they work?
  • Types of Stablecoins
  • Fiat-collateralized Stablecoins ·
  • Commodity-backed Stablecoins ·
  • Crypto-backed Stablecoins ·
  • Algorithmic Stablecoins.
  • Risks of Stablecoins
  • The Luna crash
  • The Tether Risks

Module 4: Central Bank Digital Currencies – CBDC

  • Who is creating them
  • What value do they bring to the market
  • What value do they provide the government

Module 5: NFTs and Tokenomics

  • What are NFT’s?
  • How are they created?
  • What is the value of NFT’s for the government
  • What is the value of NFTs?
  • Are NFTs only for Art?”

Module 6: Government Use Cases

  • eVoting
  • Marriage Licenses
  • Tax Payments
  • Land Titles
  • Identification

Module 7: Regulatory Environment

  • Regulation
  • AML / CTF / OFAC
  • SEC vs. CFTC
  • Congressional Bills
  • WH recommendations

Module 8: Risks and Barriers

  • Environmental Impact of PoW mining
  • Centralization Problems with PoS validations
  • Technology Adoption by companies and governments
  • Scalability issues and how they will be resolved
  • Potential for Crime – is it worst than fiat?
  • Interoperability Risks