Amity University Haryana hosts renowned professor Raj Jain in 12th session of Distinguished Global Indian Speaker Series
Gurugram: 24th March, 2021: Amity University Haryana organized its 12th Session of prestigious “Distinguished Global Indian Speaker Series (DGISS)” to felicitate Prof. (Dr) Raj Jain, Barbara J. Jerome R. Cox, Jr., Professor of Computer Science, Washington University in St. Louis, USA in the presence of Chancellor Dr Aseem Chauhan, Vice Chancellors, Deans, senior scientists and Heads of Institutions of Amity Universities in India and campuses abroad. Expressing his delight at felicitating the illustrious Prof Raj Jain, Chancellor of AUH Dr Aseem Chauhan said, “This series recognizes and honors distinguished global Indian academicians who have reached exemplary heights in their field of expertise and have achieved excellence of the highest order in their profession. While their fame and accolades resonate across the world, they continue to have their roots firmly embedded in India”.
Prof Raj Jain delivered a highly informative and inspiring webinar on “Blockchain with AI for Risk Management”, which was attended by over 1,081 participants who registered for the webinar and several thousands more who watched it live.
Blockchain and AI, being the technologies impacting a whole range of human endeavors and economic activities around the globe, have a great role to play for the future of global knowledge society that is empowered by the power of mind and the power of connectivity. “In this age of uncertainty and the age of ever increasing speed of transactions, security of data, integrity and reliability of information, our ability to transform large data into knowledge and provide a secured environment for work and business holds an important agenda today when the ‘World is one’ and so well connected”, said Vice Chancellor Prof PB Sharma while delivering his welcome address.
In his keynote presentation Prof. (Dr) Raj Jain described in great detail about ‘Blockchains with Artificial Intelligence (AI) for Risk Management’. The whole idea of Blockchain Technology is to transform big data into knowledge and use AI to create knowledge chains to derive a deeper meaning of the data and information. Professor Jain also highlighted the importance of Blockchain technology in creating a highly secured decentralized system of work and business activity as against the centralized systems that we were accustomed to in the post industrialized era. Today in the post Covid digital era, decentralization has become a new normal of our work and business activity. The key to smart decisions lies in effective integration of AI with Blockchain technology, opined Prof Raj.
“Blockchains has found numerous applications in fintech, supply chains, and contracts because it is an ideal distributed consensus where all nodes agree on the validity of transactions in a block without needing a centrally trusted party. The consensus is binary – agree or disagree – True or False. In this era of big data, we need to move blockchains beyond data storage to provide knowledge. In the real world, there are many situations in which various participants may not fully agree, and their opinions may be probabilistic, leading to probabilistic agreements,” added Prof Raj.
The webinar was organized by Dr Gunjan M Sanjeev, Vice President of RBEF and Director, International Affairs at AUH and was coordinated by Shaivy Sharma for which excellent IT support was provided by Dr JS Sodhi and his team.
Several senior officials actively participated in the discussion including Dr Padmakali Banerjee Pro VC , Dr Vikas Madhukar, Deputy Pro Vice Chancellor; Dr Rajendra Prasad, Dean and Director- AIB; Maj Gen P K Sharma (Retd), Dean and Director- ALS; Dean Prof U N Singh; Maj Gen GS Bal, Dean SW; Dr Manish Verma, Director – ASCO; Dr Ila Joshi Gupta, Director – ASAP; Dr AK Yadav, Director-ASAS; Dr Atul Thakur Director Nano Science and Technology, Dr Arvind Chabra, Director, Stem Cell Institute. The session emerged as a great platform where all the participants came forward enthusiastically to ask searching questions that were responded by Prof Raj with great clarity and in depth understanding.
In the past, the Distinguished Global Indian Series at Amity Gurugram has been addressed by distinguished global Indians such as Dr. K Sudhir, James L. Frank Professor of Marketing, Enterprise and Management and Founder-Director of the Yale China-India Insights Program, Yale University; Dr. Bhaskar Chakravorty, Professor and Dean of Global Business, The Fletcher School, Tufts University; Dr. Soumitra Dutta, Professor and Former Dean, SC Johnson College of Business, Cornell University; Dr. Sunil Dutta, Joan and Egon von Kaschnitz Distinguished Professor of Accounting and International Business, Haas Business School, University of California, Berkley; Dr. Samir Mitragotri, Mellichamp Chair Professor in the Department of Chemical Engineering, University of California, Santa Barbara; Dr. Vistasp M. Karbhari, President- University of Texas at Arlington; Dr. Prasad Jayanti, James Frank Family Professor of Computer Science, Dartmouth College; Dr. Anirudh Krishna, Edger T. Thompson Professor of Public Policy and Political Science from Duke University; Dr. Sankaran Sundaresan, School of Engineering and Applied Sciences, Princeton University; Dr. S.P. Kothari, Associate Dean of MIT Sloan School of Management, Massachusetts Institute of Technology, MIT and Dr. Bhagwan Chowdhry, Anderson School of Management, University of California, Los Angeles (UCLA).
