Name of the Activity: Blockchain-Powered Academic Bank of Credit for the Educational Institutes
Type of Activity: One Day Seminar
Date/ Duration of Activity (from-to): September 30, 2023
Time: 10:00 AM – 12:00 PM
Details of Resource persons: Rohhit Tandon, CEO of Yoonify, along with Mr. R.K. Chhajer, Regional President of the Indo-American Chamber of Commerce
of Participants: 137 students and teachers from the BBA and the science section
Objective of the event: To create an awareness regarding ‘Academic bank of credits’
Brief description of the event: A blockchain is a decentralized and transparent digital ledger technology that records transactions across multiple computers, ensuring security and immutability. It comprises a chain of blocks, each containing a group of transactions, safeguarded by cryptographic security and consensus mechanisms to maintain data integrity and decentralization. Originally designed for tracking cryptographic transactions, it has since demonstrated its potential in various domains, including education, healthcare, and efficient farming. In an increasingly corrupt world, securing academic information is crucial for students. Blockchain technology offers a solution in the form of an “academic bank of credit” in the educational sector. This system incorporates encryption, with one key accessible to the student and the other held by the organization, preventing third-party access. It aligns with the National Education Policy (NEP-2020) and tracks academic degrees and diplomas through hashing, enhancing security even within a credit transfer system. Our college, The BESC, foresaw the importance of such a decentralized system ahead of the university and has partnered with Yoonify, a multinational company specializing in decentralized systems in the Ed-tech and financial sectors. To explore the potential of blockchain in the academic bank of credit, a seminar Blockchain-Powered Academic Bank of Credit for the Educational Institutes was jointly organized by the Department of Computer Science and the Department of BBA on September 30, 2023, at the 6th-floor concept hall of our college. The seminar was coordinated by Dr. Pinki Saha Sardar, Vice Principal (Science Section) and Dr. Tridip Sengupta, Coordinator (BBA Department) under the guidance of Dr. Suman K. Mukherjee, Director General. The convenors of the seminar were Mr. Utsab Mukherjee, Faculty of the department of Computer Science and Ms. Sutapa Banik, Faculty of the department of BBA. The event commenced with a welcoming address by Dr. Mukerjee. Subsequently, Mr. Rohhit Tandon, CEO of Yoonify, along with Mr. R.K. Chhajer, Regional President of the Indo-American Chamber of Commerce, delivered a talk on the significance of Blockchain in the context of the academic bank of credit.
Outcome of the event: The event resulted in both teachers and students gaining a profound understanding of the immense potential of blockchain technology within the academic realm. They grasped how it could revolutionize the management of academic credits. The session also provided students with a deep insight into blockchain and its practical applications in handling academic credit banks, facilitated by an engaging question and answer segment that left them enlightened and inspired.
They came, they saw and they conquered. This is what Bhawanipur Education Society College has aimed for the last 50 years to make leaders who have the courage to conquer the world. BESC AON aims to be one of the leading Model United Nations conferences in the Eastern India circuit, situated in Kolkata itself. Being …
The industrial tour committee of the Department of Commerce (Afternoon and Evening Section) organised an industrial tour from the 6th to 11th June 2023. 42 students of different semesters were accompanied by seven teachers and mentors for the visit. The Tour gave an opportunity to all to gain an insight into the production, packaging, branding, …
A cultural programme was organized by the Department of Education on the 2nd of February 2022. The current pandemic has been a bane for all of us, but it could not dampen the spirit of the Semester 1 students to showcase their talents. Even though the event was held virtually, everything went off without a …
Report on Alternate Career Options On 17th August, a packed auditorium of enthusiastic students gathered at the concept Hall of 6th Floor Auditorium, for a workshop on Alternative career options for commerce students. The programme started with the welcome address where the keynote speaker Mr. Aswini Bajaj and a delegation from ACCA were welcomed by …
Report on ‘Blockchain-Powered Academic Bank of Credit for the Educational Institutes’
Name of the Activity: Blockchain-Powered Academic Bank of Credit for the Educational Institutes
Type of Activity: One Day Seminar
Date/ Duration of Activity (from-to): September 30, 2023
Time: 10:00 AM – 12:00 PM
Details of Resource persons: Rohhit Tandon, CEO of Yoonify, along with Mr. R.K. Chhajer, Regional President of the Indo-American Chamber of Commerce
of Participants: 137 students and teachers from the BBA and the science section
Objective of the event: To create an awareness regarding ‘Academic bank of credits’
Brief description of the event: A blockchain is a decentralized and transparent digital ledger technology that records transactions across multiple computers, ensuring security and immutability. It comprises a chain of blocks, each containing a group of transactions, safeguarded by cryptographic security and consensus mechanisms to maintain data integrity and decentralization. Originally designed for tracking cryptographic transactions, it has since demonstrated its potential in various domains, including education, healthcare, and efficient farming. In an increasingly corrupt world, securing academic information is crucial for students. Blockchain technology offers a solution in the form of an “academic bank of credit” in the educational sector. This system incorporates encryption, with one key accessible to the student and the other held by the organization, preventing third-party access. It aligns with the National Education Policy (NEP-2020) and tracks academic degrees and diplomas through hashing, enhancing security even within a credit transfer system. Our college, The BESC, foresaw the importance of such a decentralized system ahead of the university and has partnered with Yoonify, a multinational company specializing in decentralized systems in the Ed-tech and financial sectors. To explore the potential of blockchain in the academic bank of credit, a seminar Blockchain-Powered Academic Bank of Credit for the Educational Institutes was jointly organized by the Department of Computer Science and the Department of BBA on September 30, 2023, at the 6th-floor concept hall of our college. The seminar was coordinated by Dr. Pinki Saha Sardar, Vice Principal (Science Section) and Dr. Tridip Sengupta, Coordinator (BBA Department) under the guidance of Dr. Suman K. Mukherjee, Director General. The convenors of the seminar were Mr. Utsab Mukherjee, Faculty of the department of Computer Science and Ms. Sutapa Banik, Faculty of the department of BBA. The event commenced with a welcoming address by Dr. Mukerjee. Subsequently, Mr. Rohhit Tandon, CEO of Yoonify, along with Mr. R.K. Chhajer, Regional President of the Indo-American Chamber of Commerce, delivered a talk on the significance of Blockchain in the context of the academic bank of credit.
Outcome of the event: The event resulted in both teachers and students gaining a profound understanding of the immense potential of blockchain technology within the academic realm. They grasped how it could revolutionize the management of academic credits. The session also provided students with a deep insight into blockchain and its practical applications in handling academic credit banks, facilitated by an engaging question and answer segment that left them enlightened and inspired.
Related Posts
Assembly Of Nations Induction
They came, they saw and they conquered. This is what Bhawanipur Education Society College has aimed for the last 50 years to make leaders who have the courage to conquer the world. BESC AON aims to be one of the leading Model United Nations conferences in the Eastern India circuit, situated in Kolkata itself. Being …
Industrial Visit to Darjeeling & Chalsa
The industrial tour committee of the Department of Commerce (Afternoon and Evening Section) organised an industrial tour from the 6th to 11th June 2023. 42 students of different semesters were accompanied by seven teachers and mentors for the visit. The Tour gave an opportunity to all to gain an insight into the production, packaging, branding, …
Creative Maniacs
A cultural programme was organized by the Department of Education on the 2nd of February 2022. The current pandemic has been a bane for all of us, but it could not dampen the spirit of the Semester 1 students to showcase their talents. Even though the event was held virtually, everything went off without a …
Alternate Career Option Seminar
Report on Alternate Career Options On 17th August, a packed auditorium of enthusiastic students gathered at the concept Hall of 6th Floor Auditorium, for a workshop on Alternative career options for commerce students. The programme started with the welcome address where the keynote speaker Mr. Aswini Bajaj and a delegation from ACCA were welcomed by …