Understanding Blockchain, DLT and Rahat Ecosystem

On September 20, 2024, eSatya held an engaging session titled "Understanding Blockchain and Distributed Ledger Technology and the Rahat Ecosystem" for high school students at Shree Saraswati Niketan Ma. Vi. The event, featuring Mr. Ruchin Singh, COO at Rumsan, as the keynote speaker, drew 25 eager participants.

Mr. Singh began the session by introducing students to the foundational concepts of Blockchain and Distributed Ledger Technology (DLT). He provided a clear and detailed overview of how these technologies work, emphasizing their significance in today’s digital landscape. The presentation discussed the Rahat Ecosystem, a blockchain-powered platform for distributing humanitarian aid. Mr. Singh highlighted the practical applications of blockchain through this real-world use case, explaining how it helps streamline and enhance aid management's efficiency.

The session also included a hands-on segment, where students were guided through an informative slide deck to understand better how data is secured and managed on the blockchain. The presentation successfully debunked common myths surrounding blockchain and provided insights into its potential beyond cryptocurrencies.

An interactive Q&A session followed, offering practical advice and addressing student queries about their initial steps into the world of blockchain. Attendees left with valuable knowledge and a deeper understanding of both the technology and its real-world applications, sparking curiosity and interest in emerging digital solutions.

Overall, the session provided an accessible yet thorough introduction to Blockchain, DLT, and the Rahat Ecosystem, giving students an inspiring glimpse into the future of technology.




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