A seminar on Fintech Applications was organized by the Department of Postgraduate Commerce at The Bhawanipur Education Society College. The distinguished speaker for the seminar was Prof. Dr. Binay Bhushan Charabarti, former professor at the Indian Institute of Management Calcutta, and former Director-in-Charge at IIM Ranchi. Commencing at 4:30 p.m., the seminar began with an opening address by Ms. Dipannita Chatterjee.
The seminar aimed to provide students with insights into Fintech applications, blockchain technology, and smart contracts. Its structure facilitated a comprehensive understanding of key concepts, delving into various financial services empowered by technology. Topics included SOFI (social finance), Ripple (cross-border payments, crypto liquidity, central bank digital currency), Faircent in India (peer-to-peer lending), TechFin (technology companies entering the financial services sector), and the Fintech ecosystem.
Discussions highlighted the role of artificial intelligence and big data in mitigating human errors in financial processes, exemplified by innovations like Robo advisors and human-digital interfaces. Moreover, explanations on blockchain and smart contracts elucidated the fundamentals and mechanisms of data security through concepts such as hashing and consensus mechanisms like Proof of Work (PoW).
The seminar also covered practical aspects including Blockchain APIs, mining, immutability, Ethereum Smart contract programming, and algo trading. Additionally, various Fintech companies and banks such as ATOM Bank, NIYO Global, and Funds India, along with their operational scopes, were presented using Google platforms. Participants were encouraged to engage further with the speaker for consultation through online channels and emails. They actively participated by posing questions and engaging in discussions, including on emerging concepts like e-rupee.
The seminar witnessed attendance from M.COM students of both semester 1 and semester 3. Prof. Paramita Chakravarty, the Coordinator of the M.COM Department, extended a vote of thanks at the conclusion of the event.
Date: 6th May 2024 Organised by Bengali Department, Arts On 06 may 2024, the Bengali department, on behalf of arts section of The Bhawanipur Education Society College organized 164th birth celebration of Rabindrnath Tagore or Rabindra Jayanti in Jubilee Hall with various cultural programs. The program started at around 11:30 am and continued till 4:30pm. …
It’s a paradox. BESC has one of the finest sports rooms in town, yet most students cannot make as much use of its facilities as they wish, harried as they are by their tight schedule of academic activities.
Audition for the Theatre Festival, under the banner of Enact collective was held on 22nd and 23rd February 2022 for the students of 1st to 3rd year to be the part of the inter college Theatre Festival, to be held on 30th-31st March and 1st April 2022. Seniors and juniors participated with a lot of …
“Freedom is not just a word; it’s a feeling that unites us all.” Celebrating the sense of freedom inside each of its members, The Bhawanipur Education Society College organized a list of activities to commemorate India’s 77th Independence Day. The Independence Day program this year was a tribute to Capt. Laxmi Sehgal, a revolutionary of …
Fintech Applications
A seminar on Fintech Applications was organized by the Department of Postgraduate Commerce at The Bhawanipur Education Society College. The distinguished speaker for the seminar was Prof. Dr. Binay Bhushan Charabarti, former professor at the Indian Institute of Management Calcutta, and former Director-in-Charge at IIM Ranchi. Commencing at 4:30 p.m., the seminar began with an opening address by Ms. Dipannita Chatterjee.
The seminar aimed to provide students with insights into Fintech applications, blockchain technology, and smart contracts. Its structure facilitated a comprehensive understanding of key concepts, delving into various financial services empowered by technology. Topics included SOFI (social finance), Ripple (cross-border payments, crypto liquidity, central bank digital currency), Faircent in India (peer-to-peer lending), TechFin (technology companies entering the financial services sector), and the Fintech ecosystem.
Discussions highlighted the role of artificial intelligence and big data in mitigating human errors in financial processes, exemplified by innovations like Robo advisors and human-digital interfaces. Moreover, explanations on blockchain and smart contracts elucidated the fundamentals and mechanisms of data security through concepts such as hashing and consensus mechanisms like Proof of Work (PoW).
The seminar also covered practical aspects including Blockchain APIs, mining, immutability, Ethereum Smart contract programming, and algo trading. Additionally, various Fintech companies and banks such as ATOM Bank, NIYO Global, and Funds India, along with their operational scopes, were presented using Google platforms. Participants were encouraged to engage further with the speaker for consultation through online channels and emails. They actively participated by posing questions and engaging in discussions, including on emerging concepts like e-rupee.
The seminar witnessed attendance from M.COM students of both semester 1 and semester 3. Prof. Paramita Chakravarty, the Coordinator of the M.COM Department, extended a vote of thanks at the conclusion of the event.
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