Shri R. Gandhi, Former Deputy Governor, Reserve Bank of India inaugurated the 5th International Conference on Identity, Security and Behavior Analysis (ISBA 2019) at IDRBT on January 22, 2019.
The IEEE International Conference on Identity, Security and Behavior Analysis (ISBA 2019), spread over three days from January 22-24, 2019, is a unique conference series that brings together experts in biometrics, security, and human behavior to consider research issues and solutions that are robust, comprehensive, and broader than currently considered in each of these individual research areas. This conference serves as a new forum for such broad areas defining human side of security and user behavior as well as social influence in the biometrics security. The topics covered during the conference include:
A galaxy of renowned international researchers including Prof. Winston Hsu, Professor, National Taiwan University & Director, NVIDIA AI Lab, NTU; Prof. Mohan S Kanakanhalli, National University of Singapore; Prof. Josef Bigun, Halmstad University, Sweden; and Dr. Sharathchandra U. Pankanti, Manager, Exploratory Computer Vision Group; Thomas J. Watson Research Center, Yorktown Heights, NY USA, delivered keynote talks.
Researchers from reputed institutions across the globe including University of Salzburg, Austria; Halmstad University, Sweden; Michigan State University, USA; University at Buffalo, USA; Clarkson University, USA; St. Lawrence University, USA; Norwegian University of Science and Technology (NTNU), Norway; University of South-Eastern Norway (USN), Norway; and IITs, are presenting their papers at the conference.
Some of the previous editions of the ISBA were hosted by other prestigious institutions such as Nanyang Technological University, (NTU) Singapore (2018), Tohoku University, Japan (2016), and The Hong Kong Polytechnic University, Hong Kong (2015).
Dr. A. S. Ramasastri, Director, IDRBT, welcomed the dignitaries and participants on the occasion. In his welcome remarks, Dr. Ramasastri focused attention on the Institutes' progress at various fronts and its contributions to the Banking and Financial Sector. He explained the latest developments in the areas of research, academics and executive education, with a particular focus on the contributions in the areas of Cyber Security, Analytics, Cloud Computing, Payment Systems, Mobile Banking, Affordable Technologies and Blockchain Technology.
Shri R. Gandhi, Former Deputy Governor, Reserve Bank of India, delivered the inaugural address. The key points of his speech are as follows:
With the aim to promote new thinking, conceptual frameworks and research practice-oriented innovative ideas on topics of current interest and broad relevance to application of technology in Banking and Financial Services, the Institute launched the IDRBT Journal of Banking Technology in July 2017.
The journal covers all aspects of technology, which directly or indirectly contributes to the technological growth of the banking and financial sector, both from researchers' as well as practitioners' perspectives. It publishes original research articles on all aspects of computing and communication technologies, which can be used in banking and finance. It also publishes case studies, practitioners' perspectives, experimental and survey articles. The Institute published three issues of the Journal on its own.
The Institute is happy to announce that Springer, an experienced publisher of professional journals, is co-publishing the Journal on behalf of the Institute, effective January 2019. This will help in a big way in connecting and benefitting from the best research across the world. Further, with a view to broadbase it, the Journal is renamed as the "Journal of Banking and Financial Technology."
Dr. Y. V. Reddy, former Governor, Reserve Bank of India, and Shri R. Gandhi, former Deputy Governor, Reserve Bank of India jointly launched the inaugural issue of the Journal of Banking and Financial Technology today.
Blockchain Technology is a "foundational technology", which is likely to have an impact on human population across the geographies in several ways. However, it may take time for such a technology to be adopted and absorbed. It is, therefore, no surprise that Blockchain Technology is more discussed and debated than designed and deployed.
Accepting that the Blockchain Technology, in view of its inherent strengths, is useful and it is the right time to look at its usability, the usual questions like what, why, where, and how are to be addressed. IDRBT in its Whitepaper on Blockchain Technology, released in January 2017, attempted to give reasonable answers to what, why and where, at least in the context of banking sector. That leaves the most important question – how.
The Institute has been working closely with government, banks and industry in addressing the question – how to build a useful Blockchain that can serve as a common platform to launch varied applications. It virtually means, preparing a Blueprint for building a Blockchain platform. For drawing speciﬁcs to a generic platform, the Institute has leveraged the experience and expertise it has gained while working on Blockchain based projects for government as also from the interactions it has been having with Blockchain Technology consortiums. Further, the Institute has constituted a team of experts from banks, industry, academia in addition to its own researchers.
The Blueprint is organized into three chapters. In the ﬁrst chapter, it is attempted to present the current scenario of ﬁnancial networks, further requirements and beneﬁts that might arise out of adoption of Blockchain Technology. The second chapter is devoted to design aspects of three important constituents – architecture, governance and technology – that will help in successful deployment of Blockchain based services. The third and last chapter gives roadmaps for implementation, taking into account the requirements and designs discussed in earlier chapters.
The Blueprint on Blockchain Platform was released by Dr. Y. V. Reddy, former Governor, Reserve Bank of India, and Shri R. Gandhi, former Deputy Governor, Reserve Bank of India, today.