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February 2019 Winnebagoland IMA Meeting

February 2019 winnebagoland ima meeting

February 2019 Winnebagoland IMA Meeting
Informal Networking –  5:00-5:30 PM Dinner – 5:30 PM Menu (served family style): Baked Country Ham Seasoned Roast Chicken Real Mashed Potatoes Wild Rice Blend Wisconsin Blend Vegetables Creamy Coleslaw Seasonal Tossed Salad Fresh Baked Rolls & Butter Coffee & Milk   After Dinner Speaker – 6:00-8:00PM (2 HR CPE) Topic: Understanding Why Blockchain is a Juggernaut Speaker: Jürgen Sidgman, Professor – University of Wisconsin Oshkosh   Although blockchain is an emergent technology, whether by hype or real potential, its popularity in accounting cannot be overstated. Nevertheless, a recent PwC survey on adoption of financial technology (FinTech) reports that while 56% of survey respondents are aware of the importance of blockchain, 83% confess to be ,at best, moderately familiar with the technology.  Therefore, in this presentation, our speaker will cover the following topics: An in-depth overview of what constitutes a blockchain What are the circumstances that make the use of a blockchain appropriate? What are potential uses for blockchain in accounting? What are the potential threats that affect blockchains?   About our Speaker: Prior to beginning his career in academia, Jürgen worked as a financial auditor for Grant Thornton (Chile). Jürgen has taught accounting courses at the University of Wisconsin Milwaukee and the University of Nebraska – Lincoln. Currently, Jürgen is part of the accounting faculty at the University of Wisconsin Oshkosh (UWO). His primary teaching interests are accounting information systems and Auditing. However, he also teaches other accounting subjects as needed and online graduate accounting classes for the UW Consortium.   Jürgen’s research interests lie at the intersection of accounting and technology involving a variety of topics that include privacy, computer mediated communication, information accuracy, and new technologies such as blockchain.   Expertise Information Systems Financial Auditing Internal Controls Education Universidad Diego Portales, BS, Accounting University of Nebraska – Kearny, Masters of Business Administration University of Nebraska – Lincoln, Ph.D.     Other Meeting Information: Registration Deadline:All reservations must be made by 4PM on Friday, February 15th. All reservations require prepayment with a credit card. Please contact Martha Paalman at mlpaalman@bemis.com or 920-527-2314 if you have questions. Photography: By registering for this event, you agree and acknowledge that IMA® (Institute of Management Accountants) along with its partners, subcontractors, or affiliates plan to take photographs at the this meeting for reproduction in educational, news, or promotional material, whether in print, electronic, or other media including IMA and IMA’s affiliate partner websites. By participating in the meeting, you grant IMA and any of its designated subcontractors, partners, or affiliates the right to your name and image (both photographs) for such purposes.   Liability Waiver: By registering for this event, you agree and acknowledge that you are undertaking participation in IMA® (Institute of Management Accountants) events and activities as your own free and intentional act, and you are fully aware that possible physical injury might occur to you as a result of your participation in these events. You give this acknowledgement freely and knowingly and that you are able to participate in IMA events, and you do hereby assume responsibility for your own well-being.   Cancellation Policy: Meetings require a guaranteed headcount. That means if someone makes a meeting reservation and then does not attend, your chapter has to absorb the costs associated with that reservation. Unfortunately your chapter has experienced an increase in no-shows. As a result, your Board has decided that pre-payment will be required for all meetings. Unless cancellation is received prior to the reservation cut-off date, a member will be responsible for payment even if they do not attend the meeting. Exceptions due to certain extenuating circumstances may be granted on a case by case basis at the discretion of your Board. Weather-related cancellations are at the descretion of the current president and the meeting's speaker. Refunds will be dependent on venue and other conditions and will be evaluated as required. Additionally, there are a number of benefits to being an IMA member. One of those benefits should always be the ability to attend a meeting for less cost than a non-member. Accordingly the chapter will begin enforcing the non-member pricing policy.
starting on 2019-02-19 17:00:00

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Estonia Is One Step Closer to Creating a Digital Nation

Estonia is well on its way to realizing its dream of building a global nation supported by its e-Residency program and its own cryptocurrency.


Digital currencies have definitely taken 2017 by storm. Massive price increases, mainstream adoption and just an overall interest in the benefits of blockchain technology have been some of the key highlights of this year.

It’s not just investors hoping to capitalize on these benefits though, governments can also see the advantages to having a cashless financial system.

Bragging Rights for the First State-Run ICO

Bragging Rights for the First State-Run ICO

Estonia had previously announced its plan to develop its own cryptocurrency, the Estcoin. In addition, the country has plans to launch an ICO for its crypto. If successful, it will be the world’s first state-approved and supported ICO.

According to Futurism, the Estcoin would support the country’s e-Residency initiative, which is a project aimed at creating and fostering a global digital nation. Kaspar Korjus, who is the program’s managing director, explained that essentially, anyone in the world who has Internet access can become a “digital citizen” of Estonia. In addition, these citizens can set up and run their business in the country.

Since its launch, the e-Residency initiative has received over 27,000 applicants from more than 140 countries. In addition, 4,272 companies have been registered.

[youtube https://www.youtube.com/watch?v=1IxLHLEDY0Y?feature=oembed&w=500&h=281]

A Multi-Faceted Token

According to Korjus, the state-operated Estcoin token would have varied uses. He explained:

The community Estcoin would be structured to support the objective of growing our new digital nation by incentivizing more people around the world to apply for and make greater use of e-Residency. This includes encouraging investors and entrepreneurs to use e-Residency as their platform for trusted ICO activity.

These tokens, which cannot be traded, can also be used to facilitate electronic signatures, and for log-in purposes. Even though its value will be connected to that of the euro, it is by no means a substitute for the country’s fiat currency.

Vitalik Buterin, who is the co-founder of Ethereum, gave his opinion on the matter:

[I]f these estcoins are issued on top of a blockchain (they could possibly be issued in multiple formats at the same time, nothing wrong with this) then it would become easy and convenient to use them inside of smart contracts and other applications.

Estcoin Is Part of the Bigger Picture

Estcoin Is Part of the Bigger Picture

Even though countries such as Russia, Israel, and Dubai have plans to launch their own state-controlled digital currencies, Estonia seems to have a clear picture in mind, not just in creating a useful crypto, but incorporating it into a new era in the digital revolution.

Do you think Estonia will succeed in creating a digital nation? Will the Estcoin help with this vision? Let us know in the comments below!


Images courtesy of Shutterstock, e-resident.gov.ee

The post Estonia Is One Step Closer to Creating a Digital Nation appeared first on Bitcoinist.com.