ChatGPT India

India Stack and the Role of Account Aggregator by Sanjay Jain In our masterclass series held during the first Account Aggregator Hackathon, Sanjay Jain, Partner, Bharat Innovation Fund walks us thru IndiaStack.org - identity (Aadhaar), payments (UPI), data (Account Aggregators).

On 7th August 2020, iSPIRT hosted the third open house on Open Credit Enablement Network (OCEN). This session featured a deep dive into the underlying OCEN API flows, covering different entity interactions in-depth and addressing common technical queries. To recap, OCEN (O-Ken) is a new paradigm for credit that seeks to provide a common language for lenders and marketplaces to build innovative, financial credit products at scale. In the previous session, we shed light on several potential Loan Service Provider (LSP) products and business cases. We also talked about the various opportunities for ecosystem participants across an OCEN-enabled cash flow lending value chain. This week we dove into the API flows that make up the standardised end-to-end process of applying for a loan via an LSP, also illustrating how Account Aggregators will fit into this reimagined value chain. Our volunteers also covered the role of CredAll which is a collective of lending ecosystem players to driv

 Payments : What to expect in next decade

NPCI Workshop 2

API lifecycle management

Aadhaar is designed bottom up as a platform for both government applications as well as innovation applications from diverse developers. Developers can look at building compelling applications that leverage the Aadhaar platform. The developer community need to be encouraged to promote the development of applications that utilize the open Aadhaar APIs.

Digital India |  Resources are public good Digital India has adopted open government policy and standards. Accordingly, Digital India Resources both infrastructure and data are open  and available for public consumption through open API and open Government data. The Open API Technically each of the above layer is built and operated as an API. These layers are collectively called Indiastack.  Indiastack API are open. By open we mean that public can access these APIs and build commercial apps or customised apps for their institutional purpose. Example:  An institution can use Aadhaar API  to build a custom attendance system for its students or employees  An enterprise can use Digilocker API to manage documents A business can use UPI for building an app for salary disbursement  Digital India | Open Government Data  Under open government data policy all data collected by using public funds is available for public access and use. Citizens and enterprises can access da

Digital India Platform  Digital India is a new platform. It is a technology platform. Future of India and its citizens will happen. The Indian government has created Digital India Platform for reaching out every citizen online and deliver citizen services electronically. Hence awareness of Digital India movement, it's scope and services must be there for every Indian. Be one living in cities or deep rural India.  Be a housewife or a student or a shopkeeper or an entrepreneur.  Digital India is all inclusive and is for every Indian irrespective of gender and geography or  age or area. It is universal. Digital India is everyone's concern and reality. Hence the first purpose of this book to change this low ratio of Indian residents using Digital India resources and make  them aware of these resources and encourage them to  start using them in their daily life. Digital India platform is the digital foundation built for serving residents digitally. It aims to deliver r

How Digilocker will change our Life ? Digital India Citizen Service is Paperless  The paperless layer enables a resident record to associated one's online identity (Aadhaar) and stored on cloud storage system. Records can be shared digitally.  Example: students get their marks sheets directly to their digilocker accounts. They can share it with colleges where they seek admission  Residents can pull digital copy of Aadhaar card or driving license into their digilocker account and show it to authorities when demanded  Digilocker is a cloud based resident document management system.  It is a platform for issuance and verification of documents and certificates. A resident can create a Digilocker account and get it linked with Aadhaar number. Government documents and personal records are directly issued to resident’s Digilocker accounts. A resident can share documents with other agencies and can also e_sign them. This is the foundation for paperless citizen services. For instance, in a

The Importance of India Stack  BackGround Government and business exist to serve their service seekers. In the case of government service seekers are the citizens. In case of business they take different names- customers, consumers ,passengers, learners and many more.  With the advent of Digital India, the government has a vision to serve citizens electronically and online. Towards this, it has built a robust digital infrastructure and an assorted set of basic services to realise it's digital service delivery dream.  A citizen service life cycle consists of one or more or all of the following stages  1. Identifying a citizen uniquely  2. Exchange of documents to verify eligibility , issuing of documents related to a service  3 Seeking consents , sending signed approvals or certificates and more  The set of assorted services mentioned above are deployed towards carrying out these stages  Aadhaar number uniquely identifies Indian residents. It is an online system  Digilocker is used