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In similar sense , we will be able to find a breaking the code is not easy. I can
mechanism authenticate Anyone who joins my block.
How to manage transfer of information and
keep the transparency of the information or Q.5 - Right now , India is growing really
the transactions information secure because Fast in the technology sector. How will
some systems or server may get corrupt. you advise to apply this block chain
So we need mechanism to take back up and technology in these sectors ?
keep it intact, or we may lose the
information because there is no centralised Ans - What is scenario of current situation in
agency which is keeping track of it. India?
So in the future , we need to think about Don’t be afraid of technology. Technology
ways to save the information can be put to positive use and India must
use block chain technology in positive sense.
Q.4 - How long will it take for block chain Health care, smart cities , smart transactions,
technology to affect any daily life? smart ledgers. Some of these things are
really going to be very useful.
Ans - Any technology can be used in various We need to learn it, master it and regularly
ways. For example , internet. We can use it use it. Crypto currency is one aspect of it and
to get so much information but now there is we are also trying our own versions of crypto
so much of illegal stuff also. currency.
Block chain is a wonderful technology and Recently there was a conference on Lakshmi
crypto currency can be one of the coin. It is an Indian bitcoin. It’s going to have
applications but we can really explore other it’s own algorithm. I would encourage such
options , like we were trying to use block measures to keep the positive use of block
chains for healthcare applications , and chain and I think financial sector, healthcare
there was a talk about smart homes using sector, banking sector will definitely benefit
block chain. from block chain. Usually these days we are
Youngsters like you should encourage worried about hard work because we want
people to understand how we can use these the easy way out . But the block chain ,
block chain for some positive change. Like crypto currency, coding effectively, keeping
nuclear energy can be used to make an the codes safe are big challenges for
atomic bomb and destroy the world or it can youngsters .
be used to generate power and help people. We are shying away from that.
While internet connects all of us and gives us If we look at the ethical hacking community
so many privileges, Internet also has its dark in India , they are extremely lower than In
sides. other developing countries. We are far
I am encouraging children to take up block behind countries like China or USA . We are
chain technology because it is all ev e n b e h i n d s o m e S o u t h A f r i c a n
cryptography, it’s all intelligence, it is all hard countries.Unethical hackers would be more
work. You need to really focus on this. We in India!
should take block chain in various positive What we actually are shying away from is
areas where it can be implemented, major hard work
areas includes trust management , because India should take it seriously, youngsters
should take it seriously.
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