LIRC@SFIT

Innovation and entrepreneurship are at the peak in India. In order to make development a comprehensive mass movement and innovate on all fronts, MHRD, AICTE, i4c and Persistent Systems have come together to organise Smart India Hackathon (SIH) 2019 - a unique Open Innovation Model for identifying new and disruptive technology innovations to solve the challenges faced in our country. It's a non-stop product development competition, where problem statements are posed to technology students for innovative solutions. It can help to: Harness creativity & expertise of students Spark institute-level hackathons Build funnel for 'Startup India' campaign Crowdsource solutions for improving governance and quality of life Provide opportunity to citizens to provide innovative solutions to India's daunting problems To read more about the Smart India Hackathon 2019, visit the following URL: https://www.sih.gov.in/

Quantum cryptography that could propel India to the forefront of hack-proof communication. Li-Fi that uses light as a medium to transfer data at high speed. Internet of Things (IoT) devices that are helping airlines for faster turnaround of aircraft. These are some of the innovations by start-ups that are being nurtured by Cisco as part of its ‘accelerator’ programme. The US-based maker of computer networking gear is engaging with Indian start-ups through a Cisco LaunchPad programme, to get feedback and understand the innovations in areas such as IoT, artificial .. Source:  https://www.business-standard.com/article/companies/in-search-for-next-big-ideas-cisco-wooing-india-s-hi-tech-start-ups-119030300603_1.html (Accessed on March 5, 2019)

No university has experienced a drop in rank. India’s eight IITs and IIScs are ranked 104 times, with 33 improvements in rank and only 7 drops in rank. To read the full article, please visit: https://indianexpress.com/article/explained/computer-science-chemistry-power-india-in-qs-rankings-iit-delhi-bombay-5605738/  (Accessed on March 5, 2019)

Thanks to YourStory for featuring our event PRAGATI  2019 on their page!  Source:  https://events.yourstory.com/partners/pragati-2019 The YourStory Team brings you stories of entrepreneurs and change-makers, funding analyses, resource pieces and the first glimpse of emerging trends from India’s entrepreneurial ecosystem, as well as profiles of great businesses and entrepreneurs from all over the world.

Source: Daily News and Analysis dated 5 March, 2019

B lockchain technology is probably the best invention since the internet itself. It allows value exchange without the need for trust or a central authority. Imagine you and I bet $50 on tomorrow’s weather in San Francisco. I bet it will be sunny, you that it will rain. Today we have three options to manage this transaction: We can  trust  each other. Rainy or sunny, the loser will give $50 to the winner. If we are friends, this could be a good way of managing it. However, friends or strangers, one can easily not pay the other. We can turn the bet into a  contract . With a contract in place both parties will be more prone to pay. However, should either of the two decide not to pay, the winner will have to pay additional money to cover legal expenses and the court case might take a long time. Especially for a small amount of cash, this doesn’t seem like the optimal way to manage the transaction. We can involve a  neutral third party . Each of us gives $50 to...