Akshay Gokalgandhi

Blockchain in daily life With the rise and advent of bitcoin and various other cryptocurrencies, everyone is sure that blockchain is going to be the next big thing. Its use is not only limited to cryptocurrencies. It has a wide area of applications which is going to be useful to us in some of the other ways in our day to day routine. Capital Markets Capital market is a market in which buyers and sellers engage in buying and selling of bonds, shares, securities. The various implementations of blockchain in capital markets are Credit Derivatives - Credit derivatives transfer loan risk to a third party. This is a huge market. This market has a very complex post-trade process that will benefit from cost reductions and efficiencies from the successful implementation of DLT. Cash Equities Clearing -Using DLT for clearing and settlement can accelerate settlement cycles, optimize management of capital and risk. Repurchase Agreements -Repurchase agreements, where one side se...

Blockchain put to use for Humanity! The world is at war! In-spite of various global leaders mentioning that the world is now going to be at peace and the war is officially over, it doesn’t seem so. Terrorist organisations keep flourishing and the governments keep battling with them. The people who suffer or get crushed in these situations are the local populations of those zones. In the recent Syrian crisis we saw many countries opening up their hearts and welcome refugees from these war affected regions. But who are these refugees? Can anyone identify an engineer amongst them or can anyone identify the doctor? Do these refugees lose their identities along with their homes, their money and their livelihood and unfortunately even families sometimes? Not only them, there are so many other individuals like kids who get trafficked , people affected by natural calamities, homeless or the mentally weak individuals, who lose their identities in various situations.   ...