• Technology and the Disruption of Finance

    Contributed By: K. Prasad Edited By: Karthick Selvan Dr. Raghavendra Rau, Director of Cambridge Center for Alternative Finance, visited the campus on 31st December 2018 for a talk on technology and the disruption in the field of finance. The session was filled with a lot of information and wit. In his inimitable style, Dr. Rau started the discussion with a familiar question: what is the best way to coordinate people on a large scale? There are two ways: first is using Markets, which facilitate a voluntary exchange of goods and services, with the price being the coordinating mechanism. The second is using a firm or an organization, where the command…