Rohit,
I do not
have the faintest idea as to what is the BLOCKCHAIN
technology and how it works for the banks , but read following news that
appeared in Business Line ( 14 June ) :
Nearly 50 %
of banks will adopt the blockchain-based technology by 2020, Rajashekhar Maiya
, Vice President of Infosys’ Financial products division , told Cogencis
Blockchain
is a DISTRIBUTED DATABASE used to
maintain GROWING LIST OF RECORDS, called
blocks, with each block having a link to the previous one
It is used
to PROCURE , STORE and SECURE
transactions on a DISTRIBUTED LEDGER
Almost a
third of 160 banks surveyed by Infosys expect to commercially adopt
blockchain-based technology in one way or another by 2018 , Maiya said
Rohit ,
When you
read the highlighted words above , do you see some similarity with what we are
trying to pull off with ,
In our case
:
·
Banks
= Donor Companies
·
Records
= Resumes
·
Distributed
Database = Thousands of hard disks , each having SAME database
·
Transactions
= UPLOAD / SYNC
With Regards,
hemen
parekh
(
M ) +91 - 98,67,55,08,08
No comments:
Post a Comment