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With digitisation transforming the financial services sector in terms of speeding up transactions and fraud detection, the Blockchain technology holds enormous promise of further strengthening the sector, a top official with The National Stock Exchange of India Limited (NSE) has emphasised.
“The NSE is experimenting with Blockchain technology,a NSE CTO Sankarson Banerjee told IANS on the sidelines of the fifth Cisco India Summit here.
The Blockchain technology is based on distributed storage of data. A Blockchain is a continuously growing list of records — called blocks — which are linked and secured using cryptography.
“Blockchain, we know, is the best way to create immutable record of things. That opens up a lot of use cases for asset verification – who owns the asset, where it comes from, things like that – or tracing the transaction of an asset,” Banerjee noted.
“The second advantage of Blockchain is that it helps avoid double spend. It allows for unique non-repeatable transaction,” he added.
Blockchain can make things highly distributed and resilient in ways that traditional data storage technologies cannot, Banerjee said, adding that in Blockchain, one can distribute a record to thousands of people and yet everybody can be sure that nobody can fake that record.
“Blockchain is genuinely a different way of doing things. Today, the asset is held in physical form and digital records of it are transacted,” he stressed, making the point that Blockchain technology should be credited for creating genuine digital asset for the first time.
“While cryptocurrency is a used case of Blockchain, it should not be confused with the technology itself, just as pornographic content, which can be accessed on the Internet, must not be confused with Internet itself,” Banerjee told IANS.
The NSE CTO, however, cautioned that it would be foolish to expect that technology could altogether wipe out the chances of fraudulent transaction because hackers do not always target the hard technology part.
“They instead often exploit the vulnerability of the common people and trick them into revealing crucial information,” he said.
“Blockhain can be truly transformative for exchanges, paving the way for them to get into very different businesses. We could start selling cars. We are not selling cars but we might,” Banerjee added, in a lighter vein.
While Blockchain still remains at an experimental stage at the NSE, what it has done to increase efficiency includes integration of latest solutions from the global networking giant Cisco for enhanced customer service, process automation, analytics and cybersecurity.
In line with its commitment to digitise the financial services sector in India, Cisco has developed a “Digital Transformation Blueprint” for the banking and financial services sector.
The blueprint leverages the power of Cisco’s intent-based networking portfolio to integrate connectivity, security, automation, collaboration, and analytics across the business value chain.
As part of its collaboration with NSE, Cisco has automated NSE’s data centre, helping it reduce app deployment time from weeks to hours.
The exchange is also leveraging Cisco’s “AppDynamics” platform to monitor the performance of core applications and get real-time analytics for business performance to deliver superior end-user experience.
“With ‘AppDynamics’, NSE will have complete visibility spanning from the infrastructure to application to end user, thereby offering a superior end-user experience,” said Sameer Garde, President, Cisco India and Saarc.
“Institutions that are quick to embrace innovation and adopt new technologies will have immense opportunities to improve the way they deliver services,” added Banerjee.
The NSE, which was the first exchange in India to implement electronic or screen-based trading, emerged as the fourth largest stock exchanges in the world by numbers of trades in equity shares in 2017, according to the World Federation of Exchanges (WFE) report. (IANS)
Winter weather is harsh on the skin and one needs more than just moisturising to see you through the season. Skin ageing is natural, but you can make it graceful! Kama Ayurveda's newly launched Amarrupa Face Oil accelerates the production of skin collagen and increases the skin's elasticity. It should be applied on the face and specific concerning areas like the neck, crow's feet, and the under-eye.
The Amarrupa Wrinkle Repair & Firming Face Oil is specially formulated for mature skin, enriched with antioxidants and natural actives that nourish and repair skin. The Face Oil is a true multi-tasker since it not only moisturises and firms skin but also reduces signs of ageing like wrinkles and the development of crow's feet. The best part? This highly potent formulation is clinically tested to reduce under-eye dark circles by 31 percent. Clinical trials reveal consistent use results in 15 per cent firmer skin, 36 per cent smoother skin, 31 per cent reduction in under eye dark circles.
Enriched with ingredients that promote collagen synthesis to reduce fine lines and wrinkles it intensely nourishes the skin. | Photo by Soroush Karimi on Unsplash
Ingredients include Centella Asiatica, an anti-inflammatory and anti-ageing herb that stimulates the skin's own collagen production and also repairs skin damage. Indian Gooseberry and Citron Fruit are a powerhouse of Vitamin C that not only improves the complexion but also enhances and nurtures the skin. Oleic Acid, an Omega-9 fatty acid that replenishes lost moisture without clogging pores. Natural actives such as Arjuna Extracts strengthen the skin barrier, reduce dryness, and protects the skin from external aggravators. Carrot Seed Oil plumps skin, reducing the appearance of wrinkles and fine lines, giving an even skin tone.
It firms lose, wrinkled skin improving skin texture, locking in hydration and defends skin against pollution and cold weather through its natural actives. Enriched with ingredients that promote collagen synthesis to reduce fine lines and wrinkles it intensely nourishes the skin.
*Based on clinical trials conducted over 28 days
*Based on a 4-week clinical study conducted on men and women between 36-55 years with loose skin, pigmentary spots, crow's feet, wrinkles, uneven skin tone and visible under-eye puffiness. (IANS/ MBI)
(Keywords: Firming Face Oil , Wrinkle Repair, Amarrupa Face Oil , Kama Ayurveda, skin , Winter, Youthful, Skin, Firming Oil )
By N. Lothungbeni Humtsoe
Life was moving at a fast pace for most of us and then the pandemic hit. The pace definitely slowed down and gave us an opportunity to look back at our lifestyle, routine and our most cherished old memories. 'Looking back' through your old photos on a phone versus flipping through a glossy photo album and reliving each memory? Getting teary eyed at some, and straight up howling with laughter at some others.
Today, advancement in technologies has opened up an ocean of possibilities. So how does one hold on these closest moments and memories in a thoroughly tangible way? Sachin Kataria, CEO, Zoomin shares all the minute details to make festive season personal.
Moving from gifts to personal stories: Gifts are no longer just confined to material items of a certain 'price tag'. Gifting someone is now seen as a chance to create a unique experience and splash of emotions that the receiver can enjoy for years to come. It's a fact that preserving memories is now a lot easier with delivery partners that can convert digital memories into actual personalised frames, albums and a host of memorabilia. And this makes it so much easier and quicker for you to hold meaningful memories close to your heart.
Gifts are no longer just confined to material items of a certain 'price tag'. | Photo by freestocks on Unsplash
Reframing moments of joy: It isn't always possible to create a photo album or a photo frame of all your special moments or even gift them all the time. This is where new age personalized gifting platforms are a boon. It is now possible to add a touch of personalization to any gift item making it that much more special and meaningful for both the giver and the receiver. One can choose from functional items such as coffee mugs or calendars to more stylized gifts like Canvas Prints and Photo décor and add a favorite memory to make the gift item personal and more valuable.
It isn't always possible to create a photo album or a photo frame of all your special moments or even gift them all the time. | Photo by Rirri on Unsplash
Festive season Fun: Why just adorn your house with lights and flowers? Add a touch of 'YOU' to plain walls and table tops and make them more intimate during special occasions. Some simple Photoprints and colorful, wall-safe washi tapes or magnetic ropes can add a touch of style without leaving any pin marks.
Why just adorn your house with lights and flowers? | Photo by Raj Rana on Unsplash
New-age apps offer products that are both affordable and of excellent quality - could there be a better deal than this? With the 2022 calendar and planner season around the corner, one can experiment and customize some cool calendars for friends, family, colleagues, business contacts etc. These will last on someone's wall (or table) for a few years. What's more, your gift will be more than just another product... it will be a canvas upon which a beautiful story unfolds! (IANS/ MBI)
(Keywords: flowers, photo album, personal, festive season, life, pandemic)
Boredom seems to be an unavoidable aspect of existence. Sure, you can pass the time on social media sites like Instagram, Facebook, and Twitter when you’re bored but you can only browse for so long before things become monotonous and uninteresting. The internet has revolutionized the world in various ways, be it politics, shopping, or journalism, to name a few. It has also completely redefined how individuals spend their time.
If there is ever a point when the internet is the most beneficial, it’s for curing boredom. Internet is vast and has dozens of websites that may be used to break the monotony.
The internet is vast and has dozens of websites that may be used to break the monotony. | Photo by John Schnobrich on Unsplash
Take a look at these entertaining time-killing websites and put an end to boredom! Here’s the ultimate list of entertaining websites, ranging from intriguing, amusing, and unexpected time-wasters to strange websites to visit while bored.
#1 Find the Invisible Cow: Make sure to keep your volume high for this fun game. Hover your cursor over the screen as you hear the sounds changing their intensity. Keep searching for the cow and click when you think it’s there!
Keep searching for the cow and click when you think it’s there! | Scriptist
#2 Hacker Typer: Do you want to feel like one of those awesome hackers from a Bollywood film? Simply go to this website and smash the keys! As you pretend to be a spy hacking into some vital mainframe, this will thrill and entertain you.
Simply go to this website and smash the keys! | HackerTyper
#3 Wayback Machine: Take a look at some of your favourite websites before they were completely revamped with the help of this website. You only need to enter a URL and select a date. The Wayback Machine will then display a picture of the website from the specific day you’ve chosen.
Take a look at some of your favourite websites before they were completely revamped with the help of this website. | WaybackMachine
#4 The Useless Web: You go to this website, click a large button, and then get sent to a random website on the internet. You may be given a simple game to play, a rain of corn dogs, an endless horse, or you may witness a guy being smacked with an eel.
You go to this website, click a large button, and then get sent to a random website on the internet. | Tim Holma
#5 Pointer Pointer: To begin, move your cursor across the desktop, then wait 3 seconds for a picture of someone, object, or a group of people to emerge on your screen, pointing right at your cursor.
Move your cursor across the desktop and wait for a picture of someone, object, or a group of someone’s to emerge on your screen, pointing right at your cursor. | Pointer Pointer
So there you have it, five websites to cure your boredom from the depths of the internet.
(Keywords: Pointer Pointer, The Useless Web, Hacker Typer, Hacker Typer, Find the Invisible Cow, internet, Facebook, Twitter, Instagram, social media, Boredom, Websites)