India’s only BankTech Museum is in Hyderabad, Telangana
India’s
only BankTech Museum is in Hyderabad, Telangana
The city of Hyderabad known for its
Pearls and Biryani, has added another feather in its cap. India’s only Bank
Tech Museum was formally inaugurated on April 28th, 2016 in Hyderabad,
Telangana.
At present, the BankTech Museum is
housed in IDBRT campus, located at ‘Institute for Development and Research in
Banking Technology’, Castle Hills, Road No.1, Near NMDC, Masab Tank,
Hyderabad-57.
The main aim of BankTech Museum is to
depict the changes in the Banking sector in the last few decades. The incredible
journey of Banking Technology in India is told well at BANKTECH MUSEUM .
The depiction is not limited to India,
but draws inspiration from around the world.
The BankTech Museum was inaugurated by Dr. A. S. Ramasastri, Director,
IDRBT, Hyderabad.
The Genesis of IDBRT can be read here.
BANKTECH MUSEUM not only throws light
on the past, but also throws light on the future.
The ‘Looking Forward’, section
showcases the future of Financial Technology in India.
The present BankTech Museum covers
Banking Technology through six segments:
Segment No 1: Game Changers
This
section showcases the pioneers right from Ada Lovelace to Tim Berners-Lee who
revolutionized the world of science and technology through their contributions.
The section presents in brief their key contributions, beginning with the
invention of the first computer programme.
Segment No 2: Front Runners
A
collage displaying 21 renowned innovators brings together path-breaking
innovators in the field of computer science. The collage includes Charles
Babbage (the father of computer), John von Neumann (pioneer of quantum
mechanics), Donald Knuth (father of the analysis of algorithms), etc.
Segment No 3: Experience Centre
The
Experience Centre takes you through the evolution of banking technology over
the decades and the Banking Technologies coming next through the following
sections:
Banking
Technology – presents the evolution of banking technology since the days of
mechanization in the 1960s.
Payment
Systems – presents the journey of payment systems starting with coins, paper
currency till the present day IMPS.
Delivery
Channels – presents the progress of delivery channels such as ATMs, credit
& debit cards, internet and mobile banking and the advent of digital
wallets, video banking, social banking, etc.
RBI
& IT – presents the pioneering efforts made by RBI in enabling use of
Technology in the Indian Banking and Financial System
Future
Banking – provides a peek into banking technologies of tomorrow such as omni
channels, wearables, virtual currency, gamification, and augmented reality.
IDRBT
Initiatives – presents the initiatives taken by IDRBT to make Banking
Technology happen in India.
Segment No 4 : Looking Forward
This
section showcases futuristic banking technologies such as digital cash
solutions.
Segment No 5 : Knowledge
Corner
The
Knowledge Corner is a treasure trove of decade-wide collection of books on
technology since the 1900s.
Segment No 6 :Activity
Centre
This
centre is a vintage collection of exhibits which captures the evolution of
computing and storage devices, communication systems and cryptography. It
displays tools and devices such as Facit Machine, Metal Slide Ruler, TI
Calculator, Abacus, Punch Cards, Transmitters, Morse Code Telegraph Key,
Decoders and Ciphers.
So
next time, when you visit Hyderabad do drop in at BankTech Museum
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