Guest Tech Talk on Blockchain Technology

Spiralogics successfully conducted its third Guest Tech Talk on 15 December, Friday. The guest speakers for this month were Mr. Sandeep Ranjit (Founder of Bitsbeat) and Mr. Dinesh Lamsal (CEO of Bitbeats). After working together as Software Engineers for few years at BrainDigit, they decided to start their own company called Bitsbeat. Bitsbeat is a consulting and software development company that focuses on websites, mobile apps, web applications and social media marketing as well. Their clients range from start-ups, business entities to the government.

More than 60 guests attended the tech talk. Participants included students from Khwopa Engineering College, Academia College, Kantipur City College, Kathmandu Engineering College and Kantipur Engineering College. Professionals working in different organisations such as Act360, Streetup Nepal, Rusman, Hamro Infosys, Street Child, etc also attended the program.

The program began with an overview of Blockchain Technology where Mr. Lamsal defined blockchain as ‘an open, decentralised distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way’. He also called it the ‘second internet’.

Mr. Ranjit listed out the application of Blockchain like Bitcoin, Ethereum, Gems and Tezos. The speakers also presented some interesting facts on Blockchain. For example, they mentioned that if someone invested $100 in Bitcoin in 2010, it would be worth more than $72 million now.

The program concluded with an interactive session where some interesting questions were raised from the audience. Spiralogics Family would like to thank the speakers for taking out the time and giving such an informative presentation. This kind of tech talk is held on 3rd Friday of each month. You can check out our Facebook page for more updates on future tech talks.