India Data Portal-Open Data Conclave–Framework, Sustainability & Support...

Mr Ajay Prakash Sawhney, Secretary MeitY at the Account Aggregator launc...

The Ministry of Electronics and Information Technology, MietY, played an instrumental role in building out the AA infrastructure.
AA is based on the national standard managed by MeitY for Electronic Data Consent and follows the Open API guidelines that have been issued under MeitY.

Mr Nandan Nilekani Introducing Account Aggregator

On 26th April 2019, Seven of these AAs has gone into a closed user group testing. This is an epoch moment when the users in India can claim ownership over their own financial data.

We hope that this will accelerate the revolution of cash flow based lending that will replace the existing paradigm of collateral-based lending. This isn’t only a consumer-centric innovation.

Access to the right data means lenders can proactively monitor and evaluate currently disbursed loans. Such a move will not only increase the quantity of lending through increased access but also the quality of lending through better screening of borrowers, early alerts, etc.

For more information, please visit: https://sahamati.org.in/

India's Data Empowerment And Protection Architecture (DEPA) Explained By...

The Data Empowerment and Protection Architecture (DEPA) empowers every Indian with control over their data. It democratises access and enables secure portability of trusted data between service providers.

The purpose of the talk is to make the audience understand the technological, institutional, market, and regulatory architecture of India's Data Empowerment and Protection Architecture. In addition, it outlines its impact on existing data processing businesses and how people could contribute towards and solve for financial and health inclusion using this new consented data sharing infrastructure that’s being built in India.

Open House on Economic Model of Personal Health Records

Economic Model of Personal Health Records

NPCI Workshop 2

Decoding the fundamentals of API in payments

India Stack:

A Developer’s Approach 

Introduction

Today in India we have available development platform and growing market for the successful practice of india oriented software and app development.  This development platform is characterized as India Stack- IndiaStack is a complete set of API, made available under the Open API Policy, which enables development of payment-enabled Apps. It includes Aadhaar for Authentication (Aadhaar already covers over 940 million people and will quickly cover the population of the entire nation providing the world’s largest authentication system), e-KYC documents (safe deposit locker for issue, storage and use of documents), e-Sign (digital signature acceptable under the laws), unified payment interface (for financial transactions) and privacy-protected data sharing within the stack of API.

Together, the India Stack enables Apps that could open up many opportunities in financial services, healthcare and education sectors of the Indian economy. What this essentially means is that developers and tech startups can now build software and create businesses around the readily available infrastructure offered through India Stack, thus opening a huge potential to tap into the booming smartphone market in the country. Since the consumer market in India is very large, such startups could also hope for institutional funding and gain from the early mover advantage.