Browsing by Author "Ekbote, Sourav"

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    Application of artificial intelligence (AI) on maritime sector
    (Marine Engineers Review (India), 2018-10) Hare, Ram Hare; Ekbote, Sourav
    Artificial intelligence has already taken up most of the space we live in today. Devices like mobile phone, safety & various other types of systems have taken up AI to alleviate their performance level and a sense of predictability. The digital era has brought around so many innovations that we can’t imagine living without. The digitalization has also extended to so many professional fields. Similarly, life at sea is also taking a dive into today’s modern technology with availability of internet onboard process of carrying out operations under greater supervision has become easier and connectivity is brought at ease. As modern-day trends spike up in the market with the continuously growing energy industry, owners are employing new efficient ways to enhance systems onboard. Following are some recent developments and future aspects.
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    Blockchain technology in maritime domain
    (Marine Engineers Review (India), 2020-04) Hare, Ram Hare; Ekbote, Sourav
    Blockchain is a safer way to perform monetary transactions without any involvement of third parties in the process. Despite many technological advancements are constantly impacting just about every industry, the shipping industry relies heavily on the traditional methods. In todays world these methods are quite old fashioned and fail to prove efficient. Most shipping transactions involve a lot of documentation e.g. charter party agreements, sales contacts, bills of lading, etc. They pass through several hands as cargo makes its way from origin to its final destination and tracking of this paperwork would be a time-consuming task. In efforts to minimize these inefficient procedures, blockchain was introduced. Blockchain is a fundamental component of how the Bitcoin system works, and it has the potential to revolutionize shipping.