Faculty Seminar Session 7
The seventh Faculty Seminar Session (FSS 07) was held on 23rd November 2023 in Learning Gallery 4, where Dr. Deepak Mathivathanan spoke on the topic Blockchain Applications Beyond Bitcoins. Dr. Deepak began with an explanation of the inception of blockchains by Satoshi Nakamoto in 2008, going on to elucidate the components of blockchain, including transactions, immutable ledgers, decentralized peers, encryption processes, consensus mechanisms, and optional smart contracts. The seminar delved into the connection between circular economy principles and blockchain technology, discussing the potential economic value and environmental benefits of adopting circular practices in India. Dr. Deepak proposed circular economy business models tailored for specific sectors, including metals and mining, electronics, and FMCG.