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.
The electronic calculator – typically a portable electronic device used to perform calculations, ranging from basic arithmetic to complex mathematics may be ubiquitous today but it is a fact that the first solid state calculators were built only in the 1960’s. The pocket sized devi9ces that are so commonly in use these days are of …
Report of Nexus 2016 Workshop The college conducted a very informative and effective 4 day workshop on EDP – Entrepreneur Development Program from 19th September to 22nd September 2016. Here is the highlights of each day.
Placement Hall, August 2nd, 2018. The Expressions Collective – is the fourth pillar of democracy in the Bhawanipur Education Society College (BESC). It is here that students desirous of making it into the world of journalism, communication and commercial arts get their hands-on grounding and are exposed to real-time tricks of the respective trades as …
Corporate experts often remark that first impressions are extremely crucial, and the world of job hunting is no exception. The profile that aspiring employees often build determines the value they will add to the company which makes CV (Curriculum Vitae) building significantly fundamental. Intending to help students decode their way to impressing employers, The Bhawanipur …
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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