Speaker:  Mr. Manoj Mittal
Designation: Digital Transformation Officer
Organization:  Blue Rose Technologies Pvt. Ltd.
Profile:  Mr. Manoj Mittal has a rich experience of 25 in the IT industry. He is currently the Digital Transformation officer at Blue Rose Technologies. Earlier he worked as Head of Telecom Media Entertainment Vertical at Sopra Steria, Senior Manager Development at Convergys, Director of Software Development at Infotech Software. He is a specialist in the area of Rightsizing, offshoring and Transition management, Delivery & Program Management, Consulting, Strategic account growth, Pre-sales, and Systems integration.
Date: 23rd August 2020
Title: Digital transformation through blockchain disrupting banks & financial institutions and various intermediaries
Details: Mr. Manoj Mittal started this session with a discussion of the Importance and Need of Digital Transformation especially in the BFSI sector. He discussed the need and importance of blockchain in disrupting banks & financial institutions and various intermediaries. He discussed the traditional process vs the Blockchain-based process in the cross-border payment scenario. He later discussed the Distributed Ledger Technology, Immutable Ledger, Transparency, Security, Quick and Speedy Transaction, and cost-effective features of Blockchain Technology.
He discussed how blockchain evolved and its current happening across various verticals in the industry. Various blockchain used cases were discussed in different sectors such as supply chain, food industry, healthcare, retail industry, etc. All this was explained concerning how industries are adopting this technology to make their systems decentralized and distributed. The discussion was further about blockchain-enabled infrastructure which can be applied to banks and other financial intermediaries.