TOTAL MARKS:70 out of 100Answerw to Q1:

In the Instant case of online Banking to be setup in India & China, considering the immediate mandate is to start working on the following roadmap: 

identify various APIs (both in terms of types and categories) that might be required identify various categories of partners (on both demand and supply side) develop various products with relevant features in line with CEO’s vision identify FinTech technology partners in Robo-Advisory and Realtime Voice

Interaction through Chatbot. In view of the above, and under the given scenario, the following two roles are assumed: 

I)                   Chief Technology Officer (CTO): A Chief Technology Officer (CTO) is the individual within an organization who

oversees current technology and creates relevant policy. A CTO should have the business knowledge necessary to align technology-related decisions with the organization's goals. A CTO’s Responsibilities Include:

Developing the company’s strategy for using technological resources Ensuring technologies are used efficiently, profitably and securely Evaluating and implementing new systems and infrastructureJob brief.

Identify opportunities and risks for the business. Manage research and development (R&D). Monitor technology and social trends that could impact the company. Participate in management decisions about corporate governance. Communicate the company's technology strategy to partners, management,

investors and employees. Maintain current information about technology standards and compliance

regulations. The particular focus of the CTO is to use applied technology to stimulate job

creation, improve healthcare and security systems, and also to increase broadband access. In light of the above, and considering the immediate actions to be taken based on the mandate to start working on the roadmap the CTO will take the following action:  1) To Identify various APIs (both in terms of types and categories) that might be requiredAfter studying various APIs for banking available in the market, and researching on their pros & cons, the CTO has decide to avail the services of Open Bank Project API.

He checked  and analyzed the suitability and various benefits of using it, which inter alia includes:

Offer a wider range of web and mobile apps to Bank’s customers  Reduce integration and maintenance costs for new applications  Achieve better data control and security for the end-users  Leverage a growing community of developers and deploy new apps instantly

  Some of the APIs their developers provides are as given below (more are available at https://openbankproject.com/apps/):SnapCheck: Paperless Checks CONSUMER Sign up to use SnapCheck's mobile app to write and send digital checks instantly to anyone. BUSINESS Start using SnapCheck for your business account to experience snappy and secure digital payments.Platform: iOS and AndroidWebsite: https://gosnapcheck.com/Savetastic : pulls transaction information from your bank account and uses it for three things: 1- It calculates how much money you could potentially save on your monthly bills 2- It offers alternatives to the services you are currently using 3- It helps you invest those savings in a smart way.Platform: MobileWebsite: http://savetastic.co/ Use of Robo-Advisory and Realtime Voice Interaction through Chatbot by tie-up with FinTech Technology PartnersCTO has to help answer the following questions: What AI applications are being used by customers and employees at leading

Indian banks? What are the benefits of these AI applications in terms of reduction in cost, time

and effort? What does the future hold for AI in the Indian banking sector?   For the above, he studied  AI applications in use in the leading commercial banks in India: State Bank of India, HDFC, ICICI and Axis. After carefully analyzing, the CTO decided to use an AI-based solution developer Senseforth (http://www.senseforth.com), which is the pro vider of similar services to HDFC ICICI Bank etc. This will provide him a proven local AI and developer.

II) Founder of the FinTech Startup (who is approached by the bank for Robo Advisory or Chatbot):Senseforth is selected as the Fintechstartup for Roboadvisory & chatbot development of the said new bank Their role is to advise and assist in developing and maintain for the bank, various bots which can help bank to transform external touch points and internal operational intersections, This will provide the customers to surface products & services of the Bank as and when needed by the Customers. The Chatbot and RoboAdvisor should also be able to guide, & help in discovery of the banking products& services and their usages as and when needed on any platform like web, mobile, social & messaging. etc. Sensforth’s A.ware, which is a neo-cortex and mimics human cognitive abilities in reading, comprehending, interpreting, and conversing, and ability combined with

machine learning and actionization creates a powerful platform to build intelligent action bots for the business.Not only this, they should help the Bank on further development of these products & services and provides user experience with their future research and development.

Answerw to Q3:In the Given Scenario that Amazon wants to set up a new warehouse at a remote location where the closest network tower is 20 miles away, and the management wants the new warehouse to be as automated as possible. They want to leverage the recently acquired Kiva Systems (now Amazon Robotics) to the fullest extent; the following submission on the implementation recommendations and advise be given on the workflow focusing mainly on IoT, Machine Learning and BigData considerations.  

It is suggested to use Azure IOT End to End System as under:

It is suggested to adopt Gateway Kura for the following reasons:

Benefits of Gateway:1. Multiple Connectivity and Protocols Options [Wired and Wireless: Bluetooth, Wi-

Fi, 2G/3G/4G, Industrial NW etc.] 2. Over the Air update of end devices scenarios can be effectively managed 3. Provides local decision making for connectivity to legacy system4. For project eagle/future requirements gateway enables multiple use cases with

minimal/no changes at available machine HW and SW5. Local Data Processing(small rule engine/Analytics) results in lower data footprint

which saves communication cost to servers6. Increased Security, Allows data encryption and software lockdown for security

Gateway Limitations:1. High initial setup cost of Gateway2. Additional node introduces more setup maintenance

Kura:• Provides a platform for building IoT gateways• Enables remote management of IOT gateways • Provides wide range of APIs for allowing to write and deploy an IoT

application.• Kura runs on top of the Java Virtual Machine (JVM) and leverages OSGi

(Open Service Gateway Initiative) • APIs offer easy access to the underlying hardware including serial

ports, GPS, watchdog, USB, GPIOs, I2C, etc • Provides Data as well Cloud services to run on gateways.• can push the data to any IOT platform/cloud• Connectivity: Industrial Network connectivity is available through Modbus and

CANbus• Data Services: Store and Forward functionality in gateway to collect data from

sensors and forward to remote servers

Cloud Services : Amazon Cloud Service.

IoT Amazon Cloud Components are as under:

Networks :APIS to check and configure for Wi-Fi, Ethernet and Cellular In view of the distance internal communciaation netwoek be also setup.

Use of Big Data & Machine Learning:Use of Bigdata is essential considering the volume aat amazone is operating. It is therefore recommended to use Amazon Further, in view of complexity of numerours delivery schedules for pick-up from store and deliver at customers’places through out the area under servise, it is proposed to use Data Lake & Analytics Services of Amazon, which would help in data movement -on

Interface for Third party

CloudFront

AmazoNotification

Amazon

Amazon

Amazon S3

Amazon EC2 for Reporting,

Kinesis App for Real Time Event

Kinesis for

Gate

Device4

Device3 PL

Device2

Device1 PL

premises / realtime, storage and analysis, drawing conclusion based on analysed data, any improvement required based on machine learning to improve customer experiene based on IOT flow.

For Storage, Amazon Data Lake, Amazon S3, Amazon Glacier etc. can be used based on the type of data and need to process. For analysios & processing of data, Amazon Athena, Amazon EMR can be used based on type of analysis & processes needed. Amazon Kinesis is recommended for Tealtime data anlysis, where as for near relaa time anlysis, Amazon Elasticsearch Service needed.

AWS Machine Learning Services are available for predictive analytics use cases, for which a broad set of machine learning services, and tools that run on one’s data lake on AWS are recommended. Machine Learning has powers recommendation engines, supply chain, forecasting, fulfillment centers, and capacity planning. These all will help in predictions and schedule compliance.

Source: https://aws.amazon.com/big-data/datalakes-and-analytics/

Answerw to Q4:

Report suggesting approach to implement similar Blockchain based reward system to address issues like waste management, food wastage, donation of clothes, toys & books, blood donation, and maintenance of public places &  to establish a ‘responsible citizen index’ 

The Reward system be based on +ve and –ve, based on the combination of good and bad behaviour. It should be based on utility tokens generated based on blockchain, whch can be exchanged at various participant outlets like stores, restuarants, serice providers, etc.

The good acts and bad acts or behaviour be defined with Dos & Donts;

For every Good behaviour a specified credit point be given to a citizen and for every bad behaviour the citien be debited with the point.

Even corporate citizens be allowed to participate and they be made entiled to show this performacne as a part of their Corporat Social Responsibility Activity Obligation, and the token be alowed to be considered as their spending for CSR obligation.

Individuals and Corporates achieveing top N numbers be accredited with recognition, Certification, Certain Special Previleges etc.

Waste collected be recycled/organised to be used for needful poor people like food items, clothes, toys etc. and for processable itms like plastics, be recycled and sold as Social Items, and buyers/users be given credit points for the same. Coprate buyers/users be allowed to count it as their CSR activity participation;

Every Individual partiipant be linked with his/her Ahahaar UID & Crporates or other entities through their respective registration numbers. Alternatively, a separate Social Identity number be developed for all citizen individual and oteh busness/non business entities.

The identities creaed as above wiill be lined to their accounts for credit of points and conversion of the same in to Utitliy Coins/Tokens agaainst acccumulation of specified points. This will alsi help to trace the performance of each Person under the scheme

Theis will also facilitate eery one to be good citizen and to elimiate Social bad behaviour and cost of social upkeepments and environment, and improve over all social living;

It is suggested to open countrywide centers to operate such activites and the same be monitored throguh IOT devices, data on all such activities be sotred on cloud using and processed using Bigdata analytic, and the entire scheme

be maintained on Blockchain for tmperproof, clear identity, use of rewarad system, etc. benefits.

Anserw to Q5:

 The websites like Mturk, Microwork, Microworkers, and Hivework helps people with basic technological skill to get work for them on their respective micro-tasks, where people with such skills can visit and get suitable work for them and some income; and  a platform service like Flexingit  to access skilled consultants, experts & project-based resources to drive business. With a view to combine both the serviceson a single platform, the folloiwing are suggestions: 

The platform can collect data of people with basic skills and providing services and invite them to join the platform and get listed;

Also, platform can collect data of those businesses which seeks services of microworkers either on regular basis or on occasions be invited to join the platform and get listed.

Two seperate categories be made of microworkers and seekr businesses. The Revenue model will include getting certified microworkers with their grading

based on satisfaction grading obtained based on their past work for each of the specified jobs, and each business sickeers can get a particular level of graded worker on payment of a small amount.

Microworker be charged a small gradinng fees at entry time and the grading be published on website for business seeking them.

Research report can be prepared on the job availability data in various sectors and the type and quality of jobs, which may be provided on paayment of fees

 High skill workers be offered to businesses at higher charges based on their grading.

Scaling up can be done by demographically providing certified job workers on website like Plumbers, carpenters, etc. with their work quality credit , and KYC done by the platform for identity .for which seperate revenue be charged