Blockchain & Big Data - The Science of Everything #Askpatentexpert
Best part of the enormous #bigdata is the analysis of the data in a manner which can act as a fuel to impact other business models. The need of the hour is to enrich and fortify the #bigdata in a manner which becomes resourceful to make critical decisions in board meetings.
Prity is a Big data strategist for technology research consortium. With an hawk eye approach Prity is able to identify real-time technology developments. She believes in working in holistic view to identify licensing opportunities which are tailored to the need of Industry 4 Era.
Recently, Prity was part of “4th Annual Asia-Pacific Spectrum Management Conference: supporting ITU Asia-Pacific Regional Initiative on Spectrum Management” where she took keen interest in underlying principles of policy making in spectrum. Spectrum in the airwave of 700 MHz is going to play a crucial role for IoT based innovations in Industry 4.0 era.The event was supported by Forum Global alongwith Ministry of Sciency and ICT (MSIT) Republic of Korea, and aimed to bring together senior level staff from policy makers, regulators, Industry and academia for discussions on key spectrum management issues, including but not limited to:
Spectrum for IoT and Industry 4.0
Enabling efficient spectrum Management for IMT-Advanced spectrum
Meeting the IMT-2020 spectrum requirements of today and in future
WRC-19 – regional planning and preparations
Economic issues related to Spectrum
Delivering the digital economy through development national connectivity plans.
The analysis of Big data in technology research is going to play key role to provide new technical intelligence for innovation research in AI, ML, and Blockchain in Industry 4 era.
Falcon's Invoice Discounting: Your Path to Prosperity
Power Session on Blockchain & Cryptography to Solve Problems and Create Transparency
1. R E C E N T T R E N D S I N
B L O C K C H A I N T E C H N O L O G Y
T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2. A B O U T B L O C K C H A I N T E C H N O L O G Y
· A P P L I C A T I O N S I N B L O C K C H A I N
· L A T E S T D E V E L O P M E N T I N B L O C K C H A I N
· A V E N U E S F O R T H E S T U D E N T S I N B L O C K C H A I N
T E C H N O L O G Y
T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
3. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
4. D E F I N I T I O N O F B L O C K C H A I N
DECENTRALIZED DISTRIBUTED DATABASE MADE UP OF CHAINS OF
BLOCKS DESIGNED TO PREVENT THEIR MODIFICATION ONCE THE DATA
HAVE BEEN PUBLISHED.
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
5. D E F I N I T I O N O F B L O C K C H A I N
DIGITAL TIMESTAMP AND BY LINKING EACH BLOCK TO
THE PREVIOUS ONE.
.
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
6. D E F I N I T I O N O F B L O C K C H A I N
- CARRY OUT FINANCIAL AND NON-FINANCIAL
TRANSACTIONS BETWEEN TWO PARTIES IN A SECURE,
RELIABLE AND IRREVERSIBLE MANNER.
- WITHOUT THE NEED FOR AN INTERMEDIARY OR
CENTRAL AUTHORITY TO ESTABLISH TRUST BETWEEN
THE PARTIES OR TO VERIFY THE TRANSACTIONS.
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
7. D E F I N I T I O N O F B L O C K C H A I N
- WITHOUT THE NEED FOR AN
INTERMEDIARY OR CENTRAL
AUTHORITY TO ESTABLISH
TRUST BETWEEN THE PARTIES
OR TO VERIFY THE
TRANSACTIONS.
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
8. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
COMMUNICATIONS BETWEEN TWO
POINTS TRAVEL OVER A DISTRIBUTED
NETWORK MADE UP OF NODES
EVERY CHANGE MADE TO THE
INFORMATION SENT IS REPRODUCED
WITH A TIMESTAMP IN EACH OF THE
NOTES, INSTANTLY.
B L O C K C H A I N : H O W I T W O R K S
9. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
ANY MODIFICATION OF THE
CONTENT OF THE COMMUNICATION
MUST BE VALIDATED BY ALL THE
NODES USING PREVIOUSLY AGREED
ALGORITHMS.
ONCE THE CHANGE HAS BEEN
VALIDATED, THE INFORMATION
BECOMES A NEW BLOCK.
B L O C K C H A I N : H O W I T W O R K S
10. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
THIS BLOCK IS ADDED TO THE
BLOCKCHAIN PERMANENTLY AND
UNALTERABLY. THE INFORMATION
HAS REACHED ITS DESTINATION. ANY
CHANGES TO THIS INFORMATION
MUST REPEAT THE ENTIRE PROCESS
AND WILL BECOME A NEW BLOCK,
WHICH WILL BE ADDED TO THE CHAIN.
B L O C K C H A I N : H O W I T W O R K S
11. T H E I M P O R T A N C E O F B L O C K C H A I N F O R I N D U S T R Y
T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
12. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
BANKING AND FINANCE,
SECURITY,
ECOMMERCE,
THE CLOUD,
TRANSPARENT GOVERNMENT,
AND THE DEVELOPMENT OF NEW
BUSINESS MODELS.
C R O S S - S E C T O R A L
13. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
C O N V E R G E N C E W I T H O T H E R T E C H N O L O G I E S
CONVERGE WITH THE
INTERNET OF THINGS
FACILITATE THE DEVELOPMENT
OF NEW DISRUPTIVE
TECHNOLOGIES IN THE
FUTURE.
14. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
RELIABLE SYSTEM OF
DATABASES
GUARANTEES USER SECURITY
DATA PROTECTED
C O N T R O L A N D R E L I A B I L I T Y
15. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
REDUCE OR ELIMINATE
THE COSTS OF
BUREAUCRACY
C O S T R E D U C T I O N
16. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
I M P A C T O N I N N O V A T I O N
BLOCKCHAIN
GENERATES INNOVATION
OPPORTUNITIES FOR
COMPANIES IN
DIFFERENT AREAS:
PRODUCTS, PROCESSES
AND BUSINESS MODELS.
17. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
C O M P A N I E S S P E C I A L I Z I N G I N B L O C K C H A I N
18. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
T O P C R Y P T O C U R R E N C I E S , A S A T J U N E 2 0 1 7
19. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
O T H E R C O M P A N I E S D E V E L O P I N G B L O C K C H A I N
T E C H N O L O G Y
20. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
GLOBAL BLOCKCHAIN
MARKET IS EXPECTED
TO BE WORTH $2.3
BILLION IN 2021, WITH
AN ANNUAL GROWTH
RATE OF 61.5%
S I Z E O F T H E B L O C K C H A I N M A R K E T
21. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
BIGGEST WAVE OF ADOPTION IS IN THE MIDDLE
EAST. THE CURRENT RATE OF DEVELOPMENT OF
BLOCKCHAIN IS COMPARABLE TO THAT OF THE
INTERNET 20 YEARS AGO.
B L O C K C H A I N F A C T S A N D F I G U R E S
22. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
ONLY 0.5% OF THE GLOBAL POPULATION USES
BLOCKCHAIN, WHEREAS 50% OR 3.77 BILLION
PEOPLE USE THE INTERNET.
B L O C K C H A I N F A C T S A N D F I G U R E S
23. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
AROUND 90% OF NORTH AMERICAN BANKS
ARE EXPLORING BLOCKCHAIN-BASED
SOLUTIONS.
ONE-THIRD OF TOP EXECUTIVES ARE USING OR
CONSIDERING ADOPTING BLOCKCHAIN
TECHNOLOGY.
B L O C K C H A I N F A C T S A N D F I G U R E S
24. T E C H C O R P I N T E R N A T I O N A L S T R A T E G I S T ( T C I S , I N D I A ) ,
P R I T Y K H A S T G I R
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
2 6 T H D A Y O F
O C T O B E R , 2 0 1 8
IT IS ESTIMATED THAT BANKS WOULD BE ABLE
TO SAVE BETWEEN $8 AND $12 BILLION A YEAR
THANKS TO BLOCKCHAIN TECHNOLOGY.
NINE OUT OF EVERY TEN PEOPLE THINK THAT
BLOCKCHAIN WILL BE DISRUPTIVE FOR BANKING
AND THE FINANCIAL INDUSTRY.
B L O C K C H A I N F A C T S A N D F I G U R E S
27. T H A N K Y O U ! !
A N Y Q U E S T I O N S ?
P R I T Y . K H A S T G I R @ G M A I L . C O M
28. R E F E R E N C E S O U R C E S
https://www2.deloitte.com/content/dam/Deloitte/in/Documents/strategy/in-strategy-innovation-blockchain-technology-
india-opportunities-challenges-noexp.pdf
http://www.accio.gencat.cat/web/.content/bancconeixement/documents/pindoles/blockchain_snapshot.pdf