Innovation Blog

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The future is Lit - Solar Roads - Distinguished Magazine

Can your Present IoT Security Protect your Gadgets? Probably not - Distinguished Magazine

2017: The Year of Cyber Attacks - Distinguished Magazine

Faster, Higher, Stronger, (And Now Sharper) - Japan's ultra-futuristic 8K technology - Distinguished Magazine

Understanding Blockchain Technology

- Samra Taban

Like open source technology and e-commerce back in the day, blockchain technology is the next big thing set to rule over all industries right from healthcare to personal banking. The definition of blockchain differs from person to person. Many people are familiar with the term but very few of them really understand what blockchain is and how it works. You might have come across the term Bitcoin. Blockchain technology is the principle behind cryptocurrencies such as Bitcoin. In simple words, blockchain makes use of incorruptible digital distribution ledgers, otherwise understood as a list of transactions that are replicated on several computers instead of storage in one central server. If the ledger is shared on a public platform, whenever there is an update, the ledgers are updated on all the computers in the network. It can be used to send money and sensitive information without an administrator. It holds the capability of revolutionizing economic transactions. In simple words, it is a global online database that is accessible to anyone. You can perceive it to be a normal database with additional software that allows the addition of new rows, validated and broadcast to all peers in the network. Thus, permitting all the members to have the same database.

There is absolutely no denying it that blockchain technology is an ingenious invention with numerous applications. It was developed by a person or a group of people functioning under the pseudonym, Satoshi Nakamoto. By allowing the distribution of digital information without copying it, blockchain has developed a framework for a new type of Internet. A Blockchain is controlled by a set of participants. Every record or transaction is called a block. Each block is linked to a specific participant When a transaction is made, a block is created with all the transaction details and is passed on to the other blocks one after the other; forming a blockchain. All these blocks are cryptographically secured, preventing any possibility of hacking. In addition, blockchain is immutable i.e. it cannot be changed once it is entered. It would take a mighty force of computational power to alter it. This characteristic makes the network the most secure technology that we have today. The famous Bitcoin, a form of virtual currency, makes use of the same technology to make transactions without a third-party, ensuring authenticity and security. Blockchain technology also allows complete transparency. All participants have access to the information created in the network. There are various blockchain permutations that are broadly categorized into public and private blockchains.

The future of Blockchain:

Blockchain can completely transform the way we make transactions. Bitcoin has already made a strong mark as the cryptocurrency that uses an open network with digital bits and encryption to transfer money. Ethereum Blockchain, another virtual money application, has also created several opportunities. Companies are starting to explore the potential of this technology which is almost limitless: collecting taxes, permitting migrants to send money to the family if banking in the country is difficult. Blockchain can also find its ways into industries such as shipping, healthcare, and military if the working principle is employed in the right fashion.

The blockchain is still in its infancy, tackling setbacks in its use for business. It can be considered as a foundational technology with the help of which more economic and social systems can be made. Blockchain technology can change the way we exchange intellectual and financial property. It is still in its nascent stages but it holds great promise and gives the customers something to watch out for, in the future.

Role of Humans in Future

With clever algorithms and machine intelligence coming into the mainstream, the stakes are rising and the human impulse is slowly moving out of the equation. Now the big question is, if the technologies were to Know it All , what could be the role of humans? Reinvent is where you will get all the updates on the algorithmic future.

Session on Innovation & Leadership Strategy at Kengeri Campus, Christ (deemed to be University), Bangalore

Over 250 Students of different departments namely Computer Science, ECE & EEE of Kengeri Campus, Christ (deemed to be University), Bangalore, attended a Session on Innovation & Leadership Strategy conducted by Rocheston Accreditation Institute, New York. Coordinated by Dr. Iven Jose and Professor Arun, the students interacted in the session with Mr.Aditya Nair, Innovation Engineer, Rocheston. The Session highlighted the need and role of Innovation in every sphere of Commerce, Retail, Customer Experience, Design, and Technology.

Session on Innovation & Leadership Strategy at Bannerghatta Campus, Christ (deemed to be University), Bangalore

Over 800 Student Members of the Department of Media Studies, Bannerghatta Campus, Christ (deemed to be University), Bangalore, attended a Session on Innovation & Leadership Strategy conducted by Rocheston Accreditation Institute, New York. Coordinated by Prof. Benson Rajan, the students interacted in the session with Mr.Aditya Nair, Innovation Engineer, Rocheston, the Session highlighted the need and role of Innovation in every sphere of Commerce, Retail, Customer Experience, Design, and Technology.

Session on Innovation & Leadership Strategy in Christ (deemed to be University), Bangalore

Over 100 Student Members of the Department of Professional Studies, Christ (deemed to be University), Bangalore, attended a Session on Innovation & Leadership Strategy conducted by Rocheston Accreditation Institute, New York. Coordinated by Prof.Divya, the students interacted in the session with Mr.Aditya Nair, Innovation Engineer, Rocheston, the Session highlighted the need and role of Innovation in every sphere of Commerce, Retail, Customer Experience, Design, and Technology.

Manufacturing Sector - IoT & Machine Learning

Today the manufacturing sector, powered by the IOT and machine learning techniques has become the prime mover of the modern economy. As the environment gets competitive and critically wired, the sector is at the cusp of embracing Industry 4.0 with technology rivaling the traditional protocols. Examine how such modern manufacturing protocols will be translated to fit into the cyber-physical environment at Reinvent.

Digital India & Technology

What was a science fiction vision a few years ago is all a reality now. Tech is shaping every aspect of human lives today. With IOT, VR/AR, Automation, AI Robotics and SMAC making fiery inroads, every other realm of humanity is facing a digital onslaught. And now with the NAMO vision getting on a fast-track, India’s Future will change, think - a cashless economy, Digital ID system Adhar, smart cities and broadband highways, what could be the next level of possibilities? As Tech is starting to mature, Reinvent gives you a high toned rundown to stay relevant.

Emerging Technologies

With a slew of emerging technologies such as SMAC, IOT, Automation, AR, VR, AI, BigData, 3D printing among others, virtual technology is fast merging with the physical world, making “phygital” the latest buzzword. Enterprises that combine the best of both worlds—the digital capabilities of young staff with the maturity of more experienced people, will create truly successful, innovative and agile models.

Automation and Technology

Technology and Automation are fast disrupting not only the blue-collar jobs but are also poised to take over the white-collar ones and every other realm of enterprise operations. That’s how fast we want you to grow with the new IoT ecosystem. Even as progressive businesses are exploring the potential of the same, there’s a whole lot that comes in between aspiring to embrace these trends Vs the ground realities. Learn from the industry leaders and technocrats about acing the new decade.

The Potential of AI

The potential of AI is being increasingly felt in the context of #sales and marketing functions, which is strategically automating several tedious outreach activities. Although the promise of AI is enormous in this key area of business, the ground realities are such that sales and marketing functions largely demand a personal touch. This brings us to the aspect of Artificial Intelligence and Human Intelligence codependencies. Get interesting tactics on combining AI and Human based emotional Intelligence to amp up business success.

What is Reinvent 2017?

“I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out” - Jeff Bezos, founder of Amazon

Amazon began as an online book seller in a garage in 1998 as It expanded each year and now offers more than 100 million items in over 30 categories, which include apparels, health and beauty products, gadgets to groceries and home decor. Jeff Bezos is now officially the world’s richest man. Technological innovations led to the company’s phenomenal growth. It is at the forefront of innovation and has made online shopping a seamless experience. Companies like Netflix, Tesla and Salesforce have also adopted numerous innovative strategies to stay at the top of their games.

Product differentiation is vital. With innovation, an organization gains competitive advantage. The ability to create new products and services is a strategic differentiator. Innovation helps add value to organizations, society and the economy. In order to facilitate this and help firms and professionals in innovating, Rocheston is organizing REINVENT-2017.

REINVENT-2017 is conceived as a congress of the collective thinking and mind of the community of professionals involved in developing and adopting new digital technologies. Reputed Engineers, Innovators and Scientists will discuss future technologies that will drive businesses, collaborations, networks and economy. REINVENT-2017 will be the go-to event for people interested in Artificial Intelligence, Data Science, Augmented Reality-Virtual Reality, Internet of Things and Mobility.

Can IoT catalyse Green Revolution 2.0?

According to the UN, India’s population could surpass China in 2024, two years earlier than expected. India has 1.34 billion people. Population is expected to reach 1.44 bn by 2024. Therefore, demand for food will rise leading to greater sustainable farming practices and adoption of technologies.

Simply put, India has the second largest arable land globally, next to the United States with 60.3 percent. However, China at 54.8 percent produces over 40 percent more rice and wheat than India.

Essentially, modern information technologies such as predictive farming and Internet of Things enables better farm interventions. Efficient crop-storage and farming through water management and weather-mapping are some ways by which there could be a second green revolution in India.

Andrew Holland, an English electronics engineer has developed legume-shaped sensors that can be mixed into the contents of a granary. The IoT-enabled sensors report on the temperature, humidity and carbon-dioxide levels.

More pesticides and compost usage harms the soil and the water table. However, Saga University, Saga Prefecture and IT Firm OPTiM in Japan have developed Agridrone. The drone acts as a natural predator during the night by targeting pests. Resultantly, pesticides usage is reduced and decreasing a farmer’s workload at night.

Precision Agriculture or predictive farming will help farmers produce and monitor crops using GPS, Big Data and remote sensors. IBM has ventured into the agricultural technology segment with its Blue Thunder weather modelling technology. As arable land decreases, vertical farms in a controlled environment could result in better farming.

Digital Twining

While the world is getting accustomed to the all new rage of ‘Twinning’, what’s the deal with 'Digital Twining’? It all began when NASA started toying with the idea of digital twinning technology. The benefits of digital twinning are being reaped across sectors. Come & Take a closer look at the deal-sealer for the future.

Smart Cities & Disruptive Technologies

With high visibility campaign surrounding the smart cities,‘India Tomorrow’, is not just about cutting edge technology or about gadgets guiding our lifestyle but it is about smarter citizens and smarter governance which will sustain the country’s economic progress. While technology will play an enabling role, for the country to function smartly, it’s imperative to educate, and engage citizens across the nation and help them in the transition into a smarter urban ambience. Town planners need to think long term with a flexible blueprint to accommodate more disruptive technologies into the urban landscape. we need Smart Government officials who need to be trained on leveraging technology applications, big data analytics to improve urban living for the long run. Get a robust run down on the crucial pillars of smart cities at Reinvent 2017.

War for Talent

As the country is growing, the war for talent will intensify mandating the need to invest extensively in the talent pool. With a slew of emerging technologies such as #SMAC, #IOT and #Automation driving the whole dynamics, the job profiles and the talent prerequisites will change. With #digitalisation and young india at the core of this massive economic renaissance, Reinvent brings a window to the future.

Drone Engineering

Drones, today are filling up a perfect niche as an inevitable business tool. This cool adult toy, can collect data aerially, analyse and interpret at a granular level and supply relevant data to help decision making. A farmer Instead of visiting his farm, can send the drone to monitor the health of his crops and record the information. Property builders can remotely keep an eye on their construction sites. Infact, self-sufficient drones are also helping uncover crimes & support disaster management efforts and emergency medical care through voice commands.

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