New Age Technology

On the 7^th of September the Bhawanipur College organised a webinar on the new-age technologies that have taken the world by a storm, Machine Learning, Crypto Currency, and Block Chain. The webinar was held online on zoom with the eminent resourceful person Mr. Sourav Das, an expert in the field of mathematical learning, who could guide the students through a better understanding of new age technologies and their relevance.

The webinar started with discussions about the currently talked about Crypto Currency which many countries have already adopted. Then Mr Sourav Das spoke about Block chain. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.  Blockchain is a type of DLT in which transactions are recorded with an immutable cryptographic signature called a hash. After speaking he asked Students if anyone had queries. 

He then spoke about Crypto, and what are the basic needs for adopting this and how it works. Cryptocurrencies use decentralised technology to let users make secure payments and store money without the need to use their name or go through a bank. They run on a distributed public ledger called blockchain, which is a record of all transactions updated and held by currency holders. Global adoption of cryptocurrency has taken off in the last year. Acceptability with Vietnam up to 88% India and Pakistan are firmly in the lead, according to new data from Chainalysis. It is the second year the blockchain data firm has released its Global Crypto Adoption Index, which ranks 154 countries according to metrics such as peer-to-peer exchange trading volume, rather than gross transaction volume, which typically favors developed nations with high levels of professional and institutional crypto buy-in.

With such amazing things to learn and hear about we moved towards the end of the webinar. With a Q & A session. Followed by a vote of thanks note by Prof. Dilip Shah. Students thanked the organisers for giving an opportunity to learn about the new era of Crypto and suggested to arrange more such educational sessions.

Reported by
Ankush Ghosh