Shashank Raut

Public Policy Analyst at WazirX. Public Affairs Consultant. EY | KPMG | Chief Minister Fellow | SRCC

Over 95% of crypto-associated frauds are off-chain

WazirX launches its 2nd edition of Transparency Report ● Over 95% of crypto-associated frauds are based outside of the Blockchain ecosystem ● Records 100% compliance on law enforcement requests; average TAT at 22 minutes ● 17,218 accounts were locked during the period, indicating a 19% increase from April – September, 2021 period 17 May, 2022, …

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action activity adult athletes

DIGITAL EXPANSION OF SPORTS INDUSTRY WITH BLOCKCHAIN

Various sectors and industries have successfully identified the applications of Blockchain to augment their offerings and have also started devising its implementation, and this digital ledger technology has also found its usage and applications in Sports industry. In the last season of Indian Premier League 2020 audience was not allowed in stadiums due to the …

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Blockchain: Building Unified Supply Chain

The recent Suez Canal blockage by one large container ship, caused holding up an estimated $9.6 Billion worth of goods each day. This readily shows up how important the smooth functioning of the global supply chain is, and slight disruption in this mechanism can have global trade effects. Diagnosing the current supply chain will give us …

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Blockchain to Improve Public Distribution System in India

Subsidized rationing or Public Distribution System (PDS) forms the core of survival for many families. The manual ration distribution mechanism had some flaws which doesn’t guaranteed access of ration to beneficiaries, while ensuring lack of transparency & grievance redressal mechanism and leakages in supply chain of food grains in-turn maximizing loss to public exchequers. Digitization …

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Blockchain Revamping Healthcare Industry

Recent pandemic mandated involvement of masses in mainstream healthcare ecosystem which has accelerated the shift of healthcare industry towards digitization and development of innovation driven healthcare service delivery. And diving deep in this trend will reveal decentralization at its core, shifting focus onto more of patient-centric healthcare delivery. Some of the parameters that are driving …

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Blockchain is Secure and Decentralised in Nature: National Social Media & IT Head of BJP Youth Wing

Application of Blockchain within the government came across only a few years back. The government of Maharashtra launched the ‘Aaple Sarkar’ initiative to address public grievances in a time-bound manner and bring transparency in public service delivery. Some modules of ‘Aaple Sarkar’ were developed on Blockchain, because of its decentralized and secure nature it was well-received by officials as the security of public data is very critical.

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How Blockchain will Revolutionize Banking in India

$2 trillion. That is the total addressable market size of the crypto economy. And 13 of the largest banks in the world have largely invested  $3 billion into blockchain technology backed companies. Not only that, central banks along with governments are also trying to validate traditional operations with blockchain solutions, Central Bank of Brazil is currently …

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blockchain cybersecurity

How Blockchain Can Overhaul the Cyber Security Industry?

$345.4 Billion. That’s how much the global cyber security industry will grow till 2026 from USD 217.9 Billion in 2021 according to a report by MarketsandMarkets.  $56.7 Billion is what the global blockchain market would reach in 2026 from $6 billion in 2021 according to a report by Research and Markets.  So, what does cyber …

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