Monthly Archives: January 2018

Cryptocurrency in IT with Reliance’s JioCoin

Yes Reliance is planning to launch its own cryptocurrency named JioCoin, which just reminds us of the very famous or infamous BitCoin. Reliance Jio has announced that it will build a team of 50 young professionals to work on Blockchain technology. But before we discuss any further on this first lets discuss what is Cryptocurrency and BlockchainTechnology :

  • Cryptocurrency : It is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units and to verify the transfer of assets. Cryptocurrencies are classified as a subset of digital currencies, alternative currencies and virtual currencies.
  • Blockchain : Originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hashpointer as a link to a previousblock, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. It is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.Once recorded the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority. Block chain technology is used for all cryptocurrency transactions.

We all know about Bitcoin – created in 2009, was the first decentralized cryptocurrency. The rise of Bitcoin has been meteoric over the years, it touched 20,000 dollar mark last year and is said to double in value in 2018. With only 21 million Bitcoins to be ever produced the demand is gone through the roof, and mining for ‘Satoshi’ the smallest unit of Bitcoin has already started, each Bitcoin can be divided into 100 million Satoshi. Since Bitcoin, many other Cryptocurrencies have been launched or launching, ‘PETRO’ announced in 2017 is the first centralised cryptocurrency backed by the Venezuela Government. The very infamous prophecy about BitCoin has turned out to be true when people who were under the impression of handling it were not keen where to invest as the world’s leading agencies and invest firms were at their wit’s end about it.

Coming back to JioCoin, after disrupting telecom industry with its free offers and hyper-competitive tariffs, Reliance Jio wants to foray into Blockchain technology and will be headed by Akash Ambani. The company plans to work on various Blockchain products like smart contracts and supply chain management logistics, and JioCoin is one of these applications. The company also plans to get into Internet of Things (IoT) and Blockchain technology will come in handy there as it provides shield against data tempering. Well how much JioCoin can achieve remains to be seen but the possibilities are virtually endless.

For businesses it is time to adapt and embrace these future technologies, make their e-commerce solution compatible with future Cryptocurrencies like Bitcoin and JioCoin. And to help you do that Supertron Infotech Pvt. Ltd. (SIPL) one of the best web development company in Kolkata is here,come meet our team and discuss future possibilities. To know more about Supertron Infotech Pvt. Ltd. and its products and solutions, please visit our website at www.supertroninfotech.in

Christmas and New Year celebration at the best web and mobile app Development Company

Its 2018 and we are shedding our old selves and getting ready for newer opportunities and achievement with new resolutions, but before we do that, we want to party hard and enjoy as much as possible and luckily we work in the best web and mobile app development company in Kolkata, Supertron Infotech Pvt. Ltd. (SIPL). We all got surprise christmas gifts and new year lunch party which made our winter holiday season specially special, and made it easy for us to leave behind 2017, though we will miss it.

Christmas special : December 22nd, it was that time of the year and like every year before Christmas we have a tradition called Secret Santa, where one person will become Secret Santa for one other person and gift something without revealing his/her name, later the receiver will have to guess who was his/her Secret Santa. It was a day filled with suspense, fun and celebration, gifts ranged from usual chocolate box to ties to fidget spinner, and at the end of the day only few members were able to guess correctly who their Secret Santa was. The whole office was lit with colourful lights and our office Christmas tree was glittering with lights and glowing stars, it was the perfect start to a wonderful week ahead. Every year Christmas seems merrier and after this year our expectations have grown bigger, we all will be eagerly waiting for next year’s Christmas celebration.
New Year Celebration: First of all we like to wish everyone a Happy New Year 2018 from all of us at Supertron Infotech. January 1st, New year’s first day at office, as usual everyone wanted to spend the day holidaying but we had to come to office, But as soon as we entered office we all got special Chocolate gifts from our boss Mr. Sanjay Chaudhary and it put a huge smile on everyone’s faces, little did we know that there’s more to come. We all, including everyone at the office got a special Lunch party, and it seemed we were having a picnic at the office. Just when we thought the day can’t get any better, our HR started playing Bollywood songs at high volume and the office turned into a fun zone. As the day ended we all thought it was at day worth spending at the office, and once again affirmed ourselves that yes, we work in Supertron Infotech Private Limited – the best web and mobile app development company in Kolkata.
As the holiday season is over and we are getting back to work, we are promising ourselves that we will reach new heights this year, not just personally but professionally and with us we will take our company SIPL to new heights as well, and we will keep SIPL they way it is, The Best web and mobile app development company in Kolkata.