Combo: Introduction to Blockchain + FEMA, 1999

Overview:

Overview:

Ever thought of a public electronic ledger built in a manner that can be openly shared among disparate users to create an unchangeable record of transactions, each time-stamped and linked to the previous one? Never, right! Yet the intelligent brains have brought forth such a wondrous technology in which data can be stored in blocks, stamped and then linked to the next block forming a chain. Incredible!

So, to make you aware on Blockchain, the technology behind it, legal aspects related to Blockchain, etc., Lawflu has organized a Certificate Course on “Introduction to Blockchain.”

Also, Lawflu has organized a Certification Course “Foreign Exchange Management Act, 1999” to strengthen the knowledge of cross-border trade and foreign investment in India. We all know that after Liberalization in 1991, channels were opened to engage in trade with foreign business. This step do not just enabled small and basic exports but also helped exchange technology, world class products and established  Multi-National Companies boosting our economy and financial status. In fact, in the 21st century, the culture of Foreign Investments has significantly increased especially in India.

Thus, to ensure that the citizens fairly enter into contracts and investments, we are here with a certification on FEMA, facilitating not just Law Enthusiasts but any common man to be in touch with points of Foreign Exchange, contracts, penalties, regulatory authorities, rules and regulations and much more.

Combo of both courses will enable the viewers to obtain an extensive knowledge about Blockchain and FEMA,1999 and various legal aspects related with them in a practical and easy manner.

 

Outline:

Introduction to Blockchain

Module 1: Concept of Blockchain

Module 2: Benefits of Blockchain

Module 3: Analyse the steps in the working of Blockchain

Module 4: Difference between Private and Public Blockchain

Module 5: Legal approach in Blockchain Technology

FEMA, 1999

Module 1: Overview

Module 2: Applicability of FEMA Act

Module 3: Current and Capital Account Transaction

Module 4: Regulation and Management of Foreign Exchange

Module 5: Contravention and Penalties

Module 6: Adjudication and Appeal Under FEMA

Module 7: Difference between FERA and FEMA

Assessment and Certification

 

Key Takeaways:

After this course, viewers will be able to 

  • Understand the Concept of Blockchain and its evolution.
  • Gain an insight on its benefits and advantages in the current scenario.
  • Become aware of the working of Blockchain in detail.
  • Understand about Digital Signature, Digital Voting, Smart Contracts, Distributed Cloud Storage, Digital Identity, etc.
  • Differentiate between Private and Public Blockchain.
  • Have knowledge about the legal approach in Blockchain Technology and IT rules, penalties associated with it.
  • Awareness about the Payment and Settlement Systems (PSS) Act, 2007 and the PSS Regulations, 2008. Understand basics of FEMA, preamble and its scope.
  • Know the applicability of FEMA, features and objectives.
  • Get insights on rules governing Capital Account and Current Account Transactions.
  • In depth understanding of Regulation and Management of Foreign Exchange
  • Become aware about Contravention, Penalties, Adjudication and Appeal under FEMA.

Clearly differentiate between FERA and FEMA.

 

Online Assessment:

  • Minimum 40% marks are required to pass the subject.
  • Only 1 attempt is valid.

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