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A Blockchain-based system that allows buyers and sellers to interact directly can make e-commerce platform for digital goods “cheat proof” and the products cheaper, says a study by India-origin researchers.
Blockchains allow multiple stakeholders to transact money or data virtually over linked peer-to-peer computer networks.
Besides Blockchain, their proposed solution involves “smart contracts” and game theory.
“Our scheme offers potentially a big improvement over the state-of-the-art in electronic commerce because it allows buyers and sellers to interact directly with each other without the need for third-party mediators of any kind,” said Bhaskar Krishnamachari, Professor at Viterbi School of Engineering, University of Southern California, the US.
“It uses a dual-deposit method, escrowing a safety deposit from both buyer and seller that is returned to them only when they behave honestly. And the verification of who is at fault and who is honest is done automatically by the smart contract,” added Krishnamachari.
This “smart contract” stores a good’s digital hash code or “digital fingerprint”.
Krishnamachari created an algorithm that runs on a programmable Blockchain as a “smart contract” with Aditya Asgaonkar, a recent undergraduate computer science alum at BITS Pilani
Here’s how the system might work:
An author wants to sell her digital book, but she hopes to avoid going through Amazon or some other company that takes a commission.
Instead, she uses Asgaonkar’s and Krishnamachari’s blockchain-based solution and lists the book’s price at $20. An interested buyer contacts her.
To ensure an honest deal, both the buyer and seller agree to pony up a $10 deposit through a programmable Blockchain platform.
The author then sends the digital book to the buyer, who could only access it by making a verifiable payment for the correct amount.
If the transaction satisfies everybody, then both parties receive their deposits back.
But what if someone tries to cheat? What happens, for instance, if the seller intentionally sends the wrong e-book? What recourse does the aggrieved party have?
This is where the so-called smart contract kicks in.
The contract stores a good’s digital.
The buyer has access to that digital hash code before making a purchase. If they receive an item with a different hash code, however, they can dispute the transaction.
In this instance, the seller would forfeit their deposit after the algorithm determined that they had attempted to cheat the buyer.
At present, the system works only with digital goods because physical products can’t have a cryptographic hash associated with them.
However, physical goods stored in a safe-box that can be opened with a digital password could be potentially transacted using their system.
Asgaonkar presented the researchers’ joint paper at the IEEE International Conference on Blockchain and Cryptocurrency in Seoul, South Korea. (IANS)
BY DEVIKANANDA JI
ॐ पितृदेवार्चितभूम्यै नमः
(Piṫa: Father; Archiṫa: One who is honored or worshipped)
In Sanskrit, the word pita means- one who protects. The Taiṫṫirīya Upanishad declares that the father is only next to the mother and should be honored like a god; without the father, you don't exist. This is proper since he gives birth, education and culture to his offspring. According to the smrutis, it is the father who performs the upanayana sacrament and imparts the sacred Gāyatrī mantra to his sons. According to some dharma śhāstra works, the following are pitās or fathers:- anna dāta (one who gives food); bhayatrāta (one who protects from dangers); śvaśura (father-in-law); janita (father) upaneta (one who performs upanayana).
Only in the Vedic tradition do we equate the father with god and honor and respect him. He is responsible for your birth and without his dhāṫu (sperm) you don't exist. He also provides food, shelter, and a roof over your head. He provides worldly knowledge for you to survive in the world. Without a father, you don't have a wife or mother because without him, they also don't exist. Every human being according to Hinduism, is said to be born under three ruṇas or debts. Among these is pitruruṇam. This ruṇa can be paid by marrying according to dharma and having a son who will perform śrāddhas to the pitrus or departed ancestors, thereby appeasing them. For Hindus, the father is honored and worshipped as a god and his children serve him in his old age.
From Vedic times to the beginning of Kaliyuga, and even today there are children who follow the father's occupation and keep the family business or tradition. From the father we inherit some traits, gotram, and family name. A father also has the burden and responsibility to maintain his life style according to dharmaśhāstrās because his children are going to look up to him and imitate him. In the great epic Mahābhārata, Yakṣha (a semi-divine being) asks Yudhishṭara, the eldest of the Pāndavās what the ātman (soul) is for the father. Yudhishṭara replies that 'putra ātmā manushyaśya' meaning- the son is the ātman for the father. He adds that -father is higher than the sky.
Our mother land has the culture of honoring and worshiping the father and is 'Pitrudevārchita Bhūmi'.
(Key Words: Father, God, Family, Vedas, Vedic, Tradition, Hinduism)
Bollywood actor Arjun Kapoor was never really keen on exploring horror comedy but the story of 'Bhoot Police' pushed him to try his hand at the genre. The actor said, "It's not a genre that I was looking for, script-wise. When I heard it, when I read it, what worked for me was the camaraderie between the brothers, the friction and the banter between them. So I quite liked the friction, the brotherhood and at the same time the love-hate relationship and the witty tone."
The film is set for its world TV premiere on Star Gold.Unsplash
He further said, "There was a certain canvas and a certain color created in the script itself, so my decision to say yes to the film came from the director's vision, and thankfully it came at a point where I knew the passion Saif had, also because everybody knew in the industry he is so bullish on the script." On his camaraderie with Arjun in the film, Saif mentioned, "Arjun and I have a relationship off-camera too; he is a family friend and we have known each other for ages! On camera, we don't take each other for granted and bring out the best we can. We had a good time working together and that shows in the movie."
The film is set for its world TV premiere on Star Gold, sharing his excitement for the premiere, Arjun said, "I cannot wait for the audiences to enjoy the World TV Premiere of our movie, 'Bhoot Police' on 23 January, Sunday at 8 PM on Star Gold." The 'Ishaqzaade' actor added, "'Bhoot Police' is an ideal family watch. Usually, horror-comedies are not children-friendly. But Bhoot Police is the kind of film the whole family can watch together over dinner. It is not often that you get a film that is mildly frightening and can be watched with the whole family. The kids will definitely enjoy watching the movie with their family!"
The actor said, "It's not a genre that I was looking for, script-wise."Unsplash
Speaking about her role in 'Bhoot Police', Yami Gautam said, "The character Maya that I play in 'Bhoot Police' was physically challenging. We had to shoot under tough weather conditions because the cold was bitter. There were a lot of outdoor sequences and keeping the light and weather in mind, we had to pack a lot within a day, every day." She continued, "Whenever I am in Himachal, I feel a sense of belonging; when I see the sunrise, those snow-capped mountains despite long tiring night shoots. It is my birthplace and shall always have a special place in my heart." (IANS/SP)
(Keywords : Arjun Kapoor, Yami Gautam, Saif Ali Khan, Bhoot Police, horror comedy, challenging, weather, mountains, genre, script, director, camera, movie.)
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Are you still doing things the incorrect way when it comes to working out? Whether you realise it or not, the correct sports bra or leggings can help you achieve your fitness objectives faster or perhaps exceed them. This is something that a high-performance athlete sincerely believes in. Because it's critical to choose clothing that suits your needs in order to achieve the desired result.
This is the era of flexible work schedules and rapid acceptance of a healthy way of living. Everyone is becoming more aware of the importance of keeping good mental and physical fitness, and the sportswear business is now helping to make their lives easier. When you feel good about yourself while working out, it motivates you to go above and beyond. Fitness aficionados today not only exercise at home, but also go to the gym or participate in sports on a regular basis. Comfortable, performance-oriented clothing underpinned by the latest advancements has become a need.
Also Read : How to choose a workout that fits your needs
Consumers nowadays seek out sports equipment, wearables, and accessories that will keep them ahead of the game and provide them with the feeling of a high-performance athlete. Adaptable gear like leggings, sweatpants, and activewear have fast become integral components of everyone's professional wardrobes as business is conducted in a hybrid arrangement, i.e. both from home and from the workplace.
Clothing must develop to assist clients effortlessly move throughout their day as fitness evolves and becomes more accessible. Apparel with cleverly designed pockets, mesh ventilation in crucial areas, binding apparel for no-ride-up yoga sessions, and other types of enclosures and supports to assist you work out without discomfort are all becoming more common. These garments have been tried and tested by thousands of customers, who have liked and used them. It has now become a way of life for them. For runners and gym goers all over the world, products like shorts with phone pockets have become standard.
Comfort is style, independence.Unsplash
Comfort is confidence
Comfort is style, independence, and the self-assurance we project, all of which contribute to our ability to grow and adapt. The most basic requirements a buyer looks for when investing in comfortable clothing and athleisure are maneuverability, fit, and fabric quality. Varied people have different definitions of comfort. While some high-intensity users prefer lighter, thinner, and faster drying materials so that they may exercise without smelling or sweating, others prefer non-clingy, heavier fabrics that give them the courage to exercise without fear of being seen. Stretch has also become a must in sportswear to ensure that users are not restricted in their movements. Our full stretch dry fit pants, stretch daily shorts, and high stretch power leggings are among the most popular.
Activewear - All day wear
Times and lifestyles have evolved since the pandemic, and this hybrid environment need adaptable attire. Dry-fit cotton or cotton-like clothes with good stretch, a casual look but a very functional appeal has become the norm in recent years. Leggings have evolved into an all-day, all-time wear for women, and goods like our leggings with phone pockets have been a big popular with active-wear clients. Similarly, for men, stretch daily pants and cotton joggers with basic yet elegant designs, as well as a comfortable form and utilitarian appeal, have become commonplace.
Stretch daily shorts, and high stretch power leggings are among the most popular.Unsplash
In this new period, times have changed, requirements have changed, and the entire community's perspective has altered. The acceptability and demand for clothes that fits in all life situations and makes you feel confident while wearing it will result in a worldwide and domestic market revolution. The activity and sportswear market is on the verge of a revolution, and firms that understand client needs and provide gear that meets them will thrive. Some firms are already concentrating on tackling this issue and bringing about a true market revolution. As a result, people now have the option of purchasing apparel that effortlessly fits with their lifestyle and provides not only exceptional performance but also excellent comfort during their busy hobbies. (IANS/SP)
(Keywords : innovation, apparel, fitness, goal, clothing, requirement, community, perspective, athleisure, healthy.)