Sidhartha Shukla

Staff Writer, The Ken •

In his earlier stint at Moneycontrol, the website owned by the Network18 group, Sid wrote on cryptocurrencies, cybersecurity, business, and finance. Born in Raipur, Chhattisgarh, Sid has spent most of his life in Jalandhar, Punjab. He has a BSc in Mathematics from St Xavier’s College, Mumbai. Sid is a comic book nerd and a big fan of Alan Moore, Neil Gaiman and Brian Azzarello. He can be reached at sidhartha at the rate the-ken.com

31 Articles published

Top Comments by Sidhartha Shukla

LICense to spend: A look inside the government’s cookie jar

Hi Shreyas, Let's say one has to do a proper holistic synopsis of just the equity portfolio. For that details are needed on the levels at which LIC bought the stocks, how much money was given out in dividends over the years, to what level has the price appreciated etc. The lack of disclosure from LIC for its portfolio's performance makes it impossible to do a just comparison of performing investments to non-performing investments. The bonds portfolio is going to be a different beast altogether. Comparison of good paper vs bad is more important in the context of LIC.

Sidhartha Shukla

The Ripple effect: A plan to disrupt Swift and cross-border remittances

Hi Lokesh, Thanks a lot for noticing. Yes, it was on purpose. The reason is not to create a new acronym but to bring more clarity. The word blockchain has been used way too casually. Blockchain is more like a subset of DLT. Usually, whenever the word blockchain is used to describe a ledger the first thing that comes to mind is bitcoin and the properties it has. But the same kind of immutability, security, decentralisation etc might not be the case with all the ledgers just because they call themselves a blockchain.

Sidhartha Shukla

The Ripple effect: A plan to disrupt Swift and cross-border remittances

Hi Febin, Glad you made this comment. There are few issues with XRP. Its validation process makes it tough for it to garner trust and adoption from the crypto community and become decentralised. The company says that it is making efforts to make it more decentralised, let's see how that works out. The token in itself is a separate story. Would love to work on it post a few developments which would give more clarity on where it is headed.

Sidhartha Shukla

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