India Stack and the Role of Account Aggregator by Sanjay Jain

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).

 India Stack  Enterprises 

India Stack  enterprise is one which is enabled by India Stack resources. It develops a product or a service using India Stack API. Or it may use power of India Stack resource to enhance one of its process. A landscaping study in 2018 found that about 150 India Stack enterprise in various sectors   

 DIGIO 

https://www.digio.in 

Digio (Digiotech Solutions Private Limited) is a Licensed Application Service Provider under licensed certifying authorities (CAs) with the Controller of Certifying Authorities (CCA) India. We are bringing paperless, hassle-free documentation and digital processes to Indian Businesses and Consumers.The first step towards this vision is to democratise access to identity linked processes - Digital Signatures & eKyc. Every Aadhaar Holder should be able to do any paper based processes online. Digio is already powering paperless processes of a significant part of the ecosystem and is being used by millions of Indian citizens.

https://www.digio.in/#/index 

Khosla Labs 

https://www.aadhaarbridge.com 

Khosla Labs is the fastest and most cost effective way to enable Digital India services. We are a Khosla Ventures backed company that offers Digital India services (Govt. and Regulated systems) for the private sector. We take the pain away from companies having to comply with and access government systems.

Khosla Labs provides products and services in the following areas :

Identity Bridge - Authentication and KYC Services

Aadhaar Bridge - Aadhaar Based Services

Signature Bridge - Document Signature Services

Payment Bridge - eNACH mandate and UPI Payment Services

eMudra 

http://www.eservices.emudhra.com 

 AuthBridge 

http://www.authbridge.com 

As a registered Authentication User Agency (AUA) with UIDAI, we provide direct access to authentic Aadhaar data. Combining this with our technology prowess, we have developed a set of robust APIs, we call these "TruthScreen". You can use these APIs at the click of a button.

OnGrid

https://www.ongrid.in  

OnGrid is a consent based trust-platform that modernizes verifications and background checks in India. An individual can choose to give access to his/her verified data, documents, certificates, verification reports, testimonials and references in a trusted network of organizations, for providing a faster and cleaner access to true-identity and digital professional record.

Quagga 

https://quagga.in/

Syntizen

https://syntizen.com  

Syntizen’s mission is to enable Seamless identity check which results in Delightful customer onboarding for Corporate & to better the Service Delivery by Governments. Founded in 2014, Syntizen is a Startup India registered Start-up, incubated at India’s T-Hub which is India’s biggest Government backed Startup incubator, member of India Stack and a part of NASSCOM 10K Startups.

Reference

https://medium.com/bharatinclusion/startups-building-on-indiastack-a-landscaping-study-a77344b51d19 

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 to deliver documents to residents. This is a cloud based system 

E-signs is used to seek resident consents and share official approvals. 

UPI helps to conduct online transactions 

Together they enable the Government to deliver citizen services online and electronically.

https://youtu.be/xhEglgREGU8