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.
BESC Campus. November 19, 2019. A fashionista is a soul that is devoted to all things fashion and fashionable, designer, a draper, a dabbler in haute couture. Going by the definition, the annual ode to fashion, tribute paid by The Bhawanipur Education Society College (BESC) could not have been more aptly named. For dressed after …
Decades of research link creativity with the intrinsic motivation to learn. When students are focused on a creative goal, they become more absorbed in their learning and more driven to acquire the skills they need to accomplish it. As the saying goes, “Creativity is intelligence having fun” we often witness several fun fairs where ideas …
“Self-defence is not just a set of techniques; it is a state of mind, and it begins with the belief that you are worth defending.” – Rorion Gracie With the intention of equipping individuals with fundamental self-defence techniques to face any sort of threat in life, The Bhawanipur Education Society College introduced the fourth edition …
Euphonious refers to something that is pleasing to the ear. In its Season II, this inter-college music fest organised by the Crescendo and the Utsav Collectives of the Bhawanipur Education Society College (BESC) on August 25th2017, proved that the naming was just right. For Euphonious was, literally, a series of pleasant, “euphonious” performances, each surpassing …
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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