The Systems Association of Xavier Institute of Management, Bhubaneswar (XIMB), X-SYS, organised its annual business conclave ‘Envision 2019’ with the theme ‘Blockchain in Digital Economy’ here on Sunday.
Spar India-Landmark Group CTO Sunil Nair, Tata Singapore Airlines (Vistara) Chief Innovation and Information Officer Ravinder Pal Singh and XIMB Professor Sanjay Mohapatra attended as guests and inaugurated the event.
Nair talked about the importance of out-of-the-box thinking capability and application of new disruptive technologies in day to day life. He also focused on the relevance of blockchain to the customers and the return on investment of application of such new technologies.
Singh emphasised how technology like Bitcoin can bring true disruption in public services. He suggested that Bitcoin can revolutionise our experience of a political election - an individual’s mobile phone can act as a node and make conventional processes like a physical electoral booth, obsolete.
He posited two attributes that could be the story of the potential success of Bitcoin: Memory and Storage and spoke about the role of Bitcoin in digital economy and how Bitcoin might be one of the crucial pillars of digital economy.
On the occasion, the winners of national-level article writing competition, X-ITE, were awarded and the annual magazine was released by the guests.