Leading the Blockchain Movement in India- Blockchain Community India (BCI)

As the world around us is changing faster thanks to this pandemic our technologies are also improving to deliver faster and safer user experience. In this highly competitive and evolving era  technologies like Blockchain and AI are making their mark on some of the most of the industries and hold impending advancements in the future.

Blockchain Community India (BCI) is one of the pioneering minds working on bringing more and more safety and effectiveness into using Blockchain and AI in businesses operations. BCI is an open source initiative which intends to transform the practices in major industries and make the business more secure and efficient. The BCI is currently partnering with around 11 businesses including education, health, finance, e-commerce, banking, utility etc.

A blockchain is, in the simplest of terms, a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data (i.e. block) is secured and bound to each other using cryptographic principles (i.e. chain). One of the most fascinating things about blockchain is the system is most safest in the world as no central authority holds the complete data or no one can manipulate/ hack even a single data file.

With this idea it only makes sense to integrate blockchain and AI innovation to support businesses administrations particularly in the region of payment gateways. The BCI functions as a cooperative energy with both business psyches and technocrats who make the framework dynamic and more productive. 

Being an open source initiative the Blockchain Community India works on two major components. Firstly, they are building an open environment for building Blockchain and AI technology. The space is open to all techno enthusiasts to come and participate in the development and the free-flowing environment helps some great ideas to grow and bring advancements. The motive will always be to bring diversity and inclusion in the workings of the group.

Secondly, the BCI is also developing a very unique business model which is inviting everyone who believes in the technology to come and invest in the business. The investors will not act as passive investors but instead will participate as active members and each investor will be given equal opportunity to make decisions about the company. There will be a core team that will help all the investors coordinate and give them suggestions and but the power in all the cases will reside with the investors.

Both of these aspects make the business model very unique and encompass all the elements of a modern business model that is futuristic in it's working. The financial industry might be one of the firsts to be affected by more adoption of Blockchain technology and its related Disseminated Ledger Technologies. The expansion of Blockchain and AI will be dependent upon how intelligently the business players will capitalize on this innovation into their businesses and the kind of support it is able to receive from different stakeholders. The BCI here plays an important role by bringing both business and tech minds to collaborate and reimagine this technology to benefit the maximum number of enterprises.

How many projects blockchain community india running - blockchaincommunity.in

Introduction

Blockchain Community is a collaboration of domain experts and technocrats to tap into potential technologies like AI and Blockchain can bring into the 11 traditional businesses that they have chosen for their initial initiative - healthcare sector, education sector, banking, and finance sector, utility and e-commerce sector, hospitality sector, information technology sector, supply chain sector, in online payments popularly known as payment gateway.

Projects running under Blockchain Community India

Blockchain Community India is running its projects under various headers namely - Blockchain and AI in Education, Blockchain and AI in banking and finance, blockchain and AI in IT and e-commerce, blockchain and AI in healthcare, blockchain and AI in hospitals,blockchain and AI in supply chain.

It tends to work towards transforming all these areas with its function. Blockchain is a technology that will help maintain and enhance transparency in the world of education, banking and finance and ecommerce and healthcare. It would also help reduce overall digital footprints of the users as with Blockchain Technology you can access all of users’ data without knowing who the user is. This would bring in better and more secure systems into this world and would help implement better IT infrastructure.

Blockchain and AI in Education

It would help improve overall functioning of schools and colleges by reducing the administrative overheads and provide a better understand of each student to the teachers. Also, it would help collate better course contents that would suite each student as per his learning pace and IQ levels. Also, this would help reduce overall maintenance cost of these schools. It would enhance the overall security of school and colleges IT infrastructure system and will help improve it operations. The possibilities with AI and Blockchain are limitless.

Blockchain and AI in banking and finance

In banking and finance system, first improvement that AI and Blockchain would bring is the higher security systems. It would also help improve its infrastructure. Again, it would also help improve financial products and will help bankers recommend better products to its customers as per their usage pattern so far. This will also help improve the bank and financial institutions bad loans criteria. They will be able to judge the person well in advance from his history and history of its associates and would be able to better judge if they should or should not provide loans to these people.

Blockchain and AI in IT and e-commerce

Blockchain and AI have big promises to the world of IT and ecommerce. With development of AI, the related infrastructure is also improving and hence this would improve its overall IT infrastructure in terms of throughput and security. This better performance of the systems will in turn improve the customer experience as the system would be up and running even during peak hours. Apart from this it has various promises for e-commerce as it would be able to collate data from several sources and will be able to recommend better products and improve overall experience of the end customer. It would also help these e-commerce companies improve their logistics and delivery system and would enable them to reduce the overall expenses by providing recommendations like shortest distance route and shortest response time.

Blockchain and AI in healthcare

Blockchain and AI would improve the healthcare systems by bringing in transparency and a decentralized system into place. It would help the world of Healthcare better predict the cure of the patients. The patient’s records would be readily available through connected systems. These people will be able to access these records and see family history to proactively know of any health hazards that may cause harm to the patient and can take preventive actions. There are huge possibilities for AI and Blockchain in Healthcare and AI department.

Blockchain and AI in hospitals

Blockchain and AI would improve overall hospital functions. Would be able to provide health indicators of each patient trough smart applications. Would ensure safety of patient’s health records by providing a more secure and stable system. Would also help Hospitals reduce their overall operations cost by helping them deploy less administrative staff as all work would be automated and would require only few people to operate them. They would also help deploy smart ICU and emergency wards for the patients in the hospitals.

Blockchain and AI in supply chain

Blockchain and AI would provide a quite a transparent system to supply chain system. This way there could not be any tampering of data in between. Also, Blockchain and AI would help deploy smart systems into the whole value chain indicating the vendors the right time when they should send the procure the products and send it to manufacturers in order to reduce waste.

What is the mission of Blockchain Community India - blockchaincommunity.in

About Blockchain Community India

Blockchain Community India is appointed by a team of industry professionals and experts. They are committed to exploring all possible ways to interact with the new technologies of the new era: AI and Blockchain. These technologies will be used slowly and slowly in all areas that affect people, and the Indian Blockchain community is working to seize these opportunities. It is one of the few companies operating in India that creates a lot of technology related jobs. First, they selected about 11 different locations and have already implemented seven projects in which investors have invested. Gradually, they evolve to make an effort in this space, and strive to improve various tasks in the corners of the first communication. Some of their projects are: Blockchain and artificial intelligence in education, Blockchain and artificial intelligence in banking and finance, Blockchain and artificial intelligence in IT and industry, Blockchain and artificial intelligence in health, Blockchain and artificial intelligence. Artificial health and Blockchain and artificial intelligence in the hardware room.

Blockchain Community Mission in India

The purpose of these companies is very clear. They want to be the first company to explore the full potential of artificial intelligence and Blockchain in ten selected areas: health, education, finance and business finance, public and private e-commerce services, the hotel industry, the information technology sector, networks. business, online payments, popularly referred to as payment gateways. Gradually, the company strives to take leadership positions in these positions, with the help of experienced professionals, and to overcome the difficult tasks associated with technology. With a good knowledge of technology in the past, companies will try to hinder development in other areas.

They are committed to transforming all eleven industries in every way possible using Blockchain and AI. To achieve this, they also adapted a unique business model that they spread and allowed all their investors to sit on the company’s board. They are simply responsible for deciding where their money will be and what work they want to sue. In addition to this Blockchain community, India is a company led by a team of professionals working in a multifunctional process and with several experts in the field. companies that provide business knowledge from eleven different fields. In addition, they have a business mindset in this group that oversees the opportunities of the multifunctional market and sees their reliability and ability to repay interest. that their investors will invest in it.

The team set itself the goal of taking over skills in its area of ​​expertise and slowly and steadily becoming a leader in these eleven areas. This will allow the Indian blockchain community to work together to benefit its people and help make the world a better place. The company’s mission is to make the most of it over the next five years with AI and Blockchain. The world will be a new place where you can’t imagine yourself without five barriers in your home and community, and the artificial intelligence community wants to take advantage of this new area of ​​business. has experience in these eleven companies.

Blockchain and AI as a technology

Blockchain is a high-tech technology that uses technology and distributes money through banks so that people cannot use it twice. Thus, it is a highly secure system that can be achieved in any activity to ensure that information is secure, accurate and transparent among colleagues. This helps to secure the various exchanges that take place online and promises to reduce the loss of bureaucracy by interfering with these values.

Initially, using artificial intelligence, the amount of data associated with the connected world can be used to improve life. People with access to this extraordinary information can access the information in general and see it in the following ways

 

What are Blockchain community India's Project - blockchaincommunity.in

 Introduction to Blockchain Community India

Blockchain Community India is a collaboration of domain experts and technocrats to tap into potential technologies like AI and Blockchain can bring into the 11 traditional businesses that they have chosen for their initial initiative - healthcare sector, education sector, banking, and finance sector, utility and e-commerce sector, hospitality sector, information technology sector, supply chain sector, in online payments popularly known as payment gateway.

Blockchain Community India Projects

Blockchain and AI in Education

This works under four heads namely - Blockchain Education Program, Artificial Intelligence Education Program, Blockchain and AI Based Schools, Blockchain and AI Based Colleges. Under Blockchain Education Program, we tend to transform the education system where blockchain based tools will be implemented. We also help professionals related to education field learn about these technologies and how they can further work to imbibe the usage of this technology in the world of education. The basic criteria to learn this technology is knowledge of C++, Java and Python.

Next is Artificial Intelligence Education Program which is related to simplification of admin related tasks in schools, global teaching at your doorsteps, to enable smart content for students and better IT infrastructure. Third initiative is Blockchain and AIBased schools which uses powerful AI system to improve the efficiency of these schools and colleges. This will also help to reduce overall cost of operations and will provide greater visibility of financials of the institutions. This will also help to enhance the responsiveness of the educational system. This will also help reduce the overall administrative tasks that are carried out in schools and colleges, it will provide a centralized system for students and will also allow remote access to students and will help transformthe content as per every student.

Similarly, in colleges it will help enhance the overall infrastructure security, will help secure the communications between the administrator and students and there would be no gap between the teacher and students as they would be always in touch through AI based systems. It would also enhance the overall data security and will reduce the digital footprints.

Blockchain and AI in Banking and Finance

About use cases of blockchain in banking and finance world, these are projects that currently being run by Blockchain Community India - Blockchain And AI based exchange (Bitkart Exchange), Blockchain and AI based UPI, wallet and payment gateway, blockchain and AI based Nidhi limited, Blockchain and AI based micro finance limited. With all these projects Blockchain Community India tends to transform these businesses and reduce their overall cost. Artificial Intelligence will help automate the credit analysis as well and help them optimize their loan products and their rates to help the members in complete capacity.

Blockchain and AI in IT and e-commerce

Blockchain and AI based shopping portals would be able to process your shopping related needs very quickly. Even in peak hours it will be functional and up and running. It will further help enhance the users overall experience by collating their data from internet and use it to bring out information like better product recommendations, better customer support, better logistics etc. Companies like Amazon and Flipkart have already started their journey in this arena and is planning to bring better logistics, better transparency, authenticity and anti-counterfeit system, to its customers which would increase it overall likability amongst its users.

Blockchain and AI in healthcare

Blockchain and AI based path labs, blockchain and Ai based radiology labs and Blockchain and Ai based hospitals are some of the projects run by Blockchain Community India under this header. It tends to bring better transparency and accuracy in their reports, will help them access historical data and extract great inferences out of it. It also works towards incorporation of future health predictions and will help health insurance companies by identifying false cases and save money from such claims.It will also help implement decentralized system between the clinicians and radiology labs, it will help provide better transparency and will also be able to predict the quality of cure. AI would then help all of us to make future predictions which could help the individual patient get early detection and cure which would not only help him remain healthy but will also help him save lots of money from future health cure if not detected so early.

Apart from this Blockchain Community of India is also actively working on uses cases for Blockchain and AI in Hospitality and Blockchain and AI in Supply Chain. It would slowly develop its software products in all above fields and launch them as and when they are susceptible to market needs.