In simple words, blockchain is a public ledger where all committed transactions are stored in a list of blocks that is immutable and verifiable. This chain grows as the new blocks are added to it. What makes blockchain different from the other available technologies is the fact that it’s decentralized. If you think of a traditional database like a spreadsheet, running on a single computer, blockchain distributes that so the spreadsheet runs on millions and millions of computers. It also uses state of the art cryptography, so that once information goes in, it is virtually impossible to get it out again without the original passcode or key. The real disruption here is that trust is established through collaboration and code, rather than a central authority. So you no longer need a bank to make a money transfer around the world. You no longer need an escrow account to buy a home, or a real estate agent to facilitate the transaction. You no longer need a company or central authority to facilitate a transaction of any kind. That is revolutionary and has the potential to revolutionize nearly every industry.
To explore this topic more, we are focusing on the finance function and the future of finance leadership in our latest “Workshop on Fundamentals of Blockchain” in Mumbai.
Vinod Kashyap – Expert on the panel of the United Nations Economic Commission for Europe (UNECE).
CA Vinod Kashyap, B.Com.(Hons.), FCA, DISA (ICAI), is Co-Founder and Director of NexGen Knowledge Solutions Private Ltd.
He has plus 30 years of quantifiable experience in Industrial and professional working, Accounting, Internal Audit, Information Systems Audit, Digital Financial Reporting.
He is co-author of paper titled “A Field Study Examining the Indian Ministry of Corporate Affairs XBRL Implementation” published in Journal of Information Systems. He has also provided valuable inputs on XBRL and EDIFACT in Master Thesis “Factors affecting Standard Dominance in the battle between EDIFACT versus XBRL Data Exchange Standards in India” submitted for Masters of Science in Management of Technologies at DELFT University of Technology, Netherlands.
He speaks on Digital Transformation, RegTech & Blockchain / DLT in National & International Conferences/Workshops on a regular basis. He has made a presentation on “Digital Tax
Administration System” in 41 st World Continuous Auditing & Reporting Symposium (WCAR)
held in Spain on Nov 9 & 10, 2017. He also made presentation on “Digitalization of Tax
Administration System for VAT” in Kuwait VAT Conference held on May 2 & 3, 2018. He was
invited by American Accounting Association to speak on “RegTech in India” in Transformative Technologies Workshop (Annual Conference – 2018) on Aug 3, 2018 in Washington DC.
He made presentation on “Demystifying Blockchain” at Kuwait FinTech 2018 held on Oct 23-25, 2018 where he discussed about auditing Blockchain transactions.
He is a faculty at National Academy of Customs, Indirect Taxes & Narcotics (NACIN), Mumbai where he was invited to speak on “Digital Tax Administration System for GST” on Oct 16, 2017. His session was highly appreciated by the participants. He was also invited by NACIN, Mumbai to speak on “Data Analytics in GST” on April 23, 2018.
He also conducts workshops on Digitalization of Taxes & Blockchain / DLT in India on a
regular basis which are attended by CFOs/Senior Finance Executives.
Who should attend
The workshop is aimed at key decision makers at any business.
The workshop should be attended by:
• CEOs, COOs, CFOs, CTOs and other C suite executives
• Heads of finance functions and finance managers
• Heads of IT, Sales & Marketing, Procurement, Legal
• Front-line staff
|Hard Copy & Soft Copy of Presentation, Certification, Break fast, Lunch, Refreshments||India Companies||500 USD|
*Additional GST of 18% is applicable.