MADE BY : ROHIT MEENA(2332155)

BHAVISHYA(2332181)
VIKAS SINGH(2332151)
VANSHIKA(2332161)
BSC . MATHEMATICS (HONOURS
 INTRODUCTION
•IN AN INCREASINGLY DIGITAL WORLD, BLOCKCHAIN HAS EMERGED AS
A TRANSFORMATIVE FORCE, REVOLUTIONIZING VARIOUS INDUSTRIES
AND EMPOWERING INDIVIDUALS WORLDWIDE. THROUGHOUT THIS
PRESENTATION,

WE WILL DELVE INTO THE PIVOTAL ROLE OF BLOCKCHAIN IN DIGITAL

EMPOWERMENT, EXPLORE EMERGING TECHNOLOGIES STEMMING
FROM BLOCKCHAIN INNOVATION
, EXAMINE THE DISADVANTAGES AND CHALLENGES ASSOCIATED WITH
THIS TECHNOLOGY, INCLUDING ITS POTENTIAL MISUSE IN ACTIVITIES
SUCH AS MONEY LAUNDERING
DISCUSS WAYS TO ADDRESS THESE CHALLENGES. BLOCKC
 BLOCKCHAIN
• BLOCKCHAIN TECHNOLOGY IS LIKE A DIGITAL
LEDGER THAT RECORDS TRANSACTIONS IN A SECURE
AND TRANSPARENT WAY. INSTEAD OF ONE CENTRAL
AUTHORITY, IT’S DECENTRALIZED, WITH COPIES OF
THE LEDGER STORED ACROSS A NETWORK OF
COMPUTERS. ONCE RECORDED, INFORMATION CAN’T
BE CHANGED, MAKING IT RELIABLE FOR VARIOUS
APPLICATIONS LIKE FINANCE, SUPPLY CHAIN, AND
VOTING
 BLOCK CHAIN TECHNOLOGY CONTRIBUTE TO
DIGITAL EMPOWERMENT IN VARIOUS WAYS

1. FINANCIAL INCLUSION:

BLOCKCHAIN FACILITATES ACCESS TO FINANCIAL SERVICES FOR

UNBANKED AND UNDERBANKED POPULATIONS WORLDWIDE.
THROUGH DECENTRALIZED FINANCE (DEFI) PLATFORMS,
INDIVIDUALS CAN PARTICIPATE IN LENDING, BORROWING,
AND INVESTING WITHOUT THE NEED FOR TRADITIONAL
FINANCIAL INTERMEDIARIES. THIS FOSTERS FINANCIAL
INCLUSION AND EMPOWERS PEOPLE TO TAKE CONTROL OF
THEIR FINANCES.
 • 2. TRANSPARENT GOVERNANCE:

BLOCKCHAIN ENABLES TRANSPARENT AND TAMPER-PROOF

RECORD-KEEPING, WHICH CAN ENHANCE TRUST IN
GOVERNANCE SYSTEMS. BY LEVERAGING BLOCKCHAIN FOR
VOTING, PUBLIC PROCUREMENT, AND IDENTITY
MANAGEMENT, GOVERNMENTS CAN INCREASE
ACCOUNTABILITY AND REDUCE CORRUPTION. CITIZENS CAN
VERIFY THE INTEGRITY OF TRANSACTIONS AND HOLD
AUTHORITIES ACCOUNTABLE, LEADING TO MORE
TRANSPARENT AND PARTICIPATORY GOVERNANCE
STRUCTURES.
 3 . DATA OWNERSHIP AND PRIVACY:

WITH BLOCKCHAIN-BASED IDENTITY SOLUTIONS, INDIVIDUALS CAN

HAVE GREATER CONTROL OVER THEIR PERSONAL DATA. BY STORING
IDENTITY INFORMATION ON A DECENTRALIZED LEDGER, USERS CAN
SELECTIVELY GRANT ACCESS TO THEIR DATA AND TRACK HOW IT IS
BEING USED. THIS EMPOWERS INDIVIDUALS TO MANAGE THEIR DIGITAL
IDENTITIES SECURELY AND PROTECT THEIR PRIVACY IN AN INCREASINGLY
DATA-DRIVEN WORLD. (SOURCE: DELOITTE)THESE POINTS HIGHLIGHT
HOW BLOCKCHAIN TECHNOLOGY CAN CONTRIBUTE TO DIGITAL
EMPOWERMENT BY FOSTERING FINANCIAL INCLUSION, TRANSPARENT
GOVERNANCE, AND DATA OWNERSHIP AND PRIVACY.
CURRENT EMERGING APPLICATIONS OF BLOCKCHAIN
TECHNOLOGY :

SUPPLY CHAIN MANAGEMENT:

BLOCKCHAIN TECHNOLOGY IS INCREASINGLY BEING USED TO

ENHANCE TRANSPARENCY AND TRACEABILITY IN SUPPLY
CHAINS. BY RECORDING EVERY TRANSACTION ON A
DECENTRALIZED LEDGER, STAKEHOLDERS CAN TRACK THE
MOVEMENT OF GOODS FROM THE POINT OF ORIGIN TO THE
FINAL CONSUMER. THIS HELPS TO PREVENT FRAUD,
COUNTERFEITING, AND UNETHICAL PRACTICES WHILE
IMPROVING EFFICIENCY AND ACCOUNTABILITY
 CURRENT DISADVANTAGES OF BLOCKCHAIN
• CURRENT DISADVANTAGES OF BLOCKCHAIN SCALABILITY: AS
BLOCKCHAIN NETWORKS GROW IN SIZE AND POPULARITY, THEY
OFTEN STRUGGLE TO HANDLE INCREASED TRANSACTION VOLUMES
EFFICIENTLY. THIS CAN LEAD TO SLOWER TRANSACTION TIMES AND
HIGHER FEES. SOLUTIONS SUCH AS SHARDING AND LAYER 2
PROTOCOLS ARE BEING DEVELOPED TO ADDRESS THIS CHALLENGE.

• INTEROPERABILITY: WITH NUMEROUS BLOCKCHAIN PLATFORMS

AND PROTOCOLS IN EXISTENCE, THERE'S A NEED FOR SEAMLESS
COMMUNICATION AND INTERACTION BETWEEN THEM.
INTEROPERABILITY CHALLENGES ARISE WHEN ATTEMPTING TO
TRANSFER ASSETS OR DATA BETWEEN DIFFERENT BLOCKCHAINS.
PROJECTS LIKE POLKADOT AND COSMOS ARE WORKING ON
SOLUTIONS TO ENABLE INTEROPERABILITY BETWEEN DIVERSE
BLOCKCHAIN NETWORKS.
 CONCLUSION
IN CONCLUSION, BLOCKCHAIN TECHNOLOGY HOLDS IMMENSE PROMISE
AS A CATALYST FOR DIGITAL EMPOWERMENT AND SOCIETAL
TRANSFORMATION. FROM ENABLING FINANCIAL INCLUSION AND
TRANSPARENT GOVERNANCE TO REVOLUTIONIZING DATA
MANAGEMENT AND FOSTERING INNOVATION
, BLOCKCHAIN HAS THE POTENTIAL TO REVOLUTIONIZE HOW WE
INTERACT WITH DIGITAL ASSETS AND INFORMATION. HOWEVER, AS
WITH ANY TRANSFORMATIVE TECHNOLOGY,
BLOCKCHAIN ALSO PRESENTS CHALLENGES AND RISKS, INCLUDING
CONCERNS RELATED TO PRIVACY, SECURITY, AND REGULATORY
COMPLIANCE.
THANK YOU