Heena Sharma Blog

Blockchain technology is based on distributed storage of data                 Technology News : With digitisation transforming the financial services sector in terms of speeding up transactions and fraud detection, the Blockchain technology holds an 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. 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 an 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," B

Modi also stated the initiative has brought in a movement towards more digital payments Current Affairs News : Prime Minister Narendra Modi said on Friday his Digital India flagship programme empowered citizens by eliminating middlemen' and promoted 4Es - Education, Employment, Entrepreneurship and Empowerment. "We launched Digital India with a very simple focus -- to ensure more people can benefit from the joys of technology, especially in rural areas," he said while interacting with beneficiaries of the flagship scheme across the country via the NaMo App. This was his fourth outreach with beneficiaries of government schemes through video conferencing. The event was streamed on social media site Facebook. He also stated the initiative has brought in a movement towards more digital payments, thereby eliminating the concept of middlemen. "Due to technology, railway tickets can be booked online, bills can be paid online... all this brings great con