India needs highly scalable solutions and ‘public goods’ should act as a key enabler for building such solutions. IndiaStack is one such emerging system, which entrepreneurs and startups should embrace.
Presence-less, paperless, cashless Service Delivery for a Billion people is a very big task. The large-scale systems needed to cost-effectively deliver such a solution would only be built with the combined participation of all parties, including government bodies and private companies or startups. The government systems will enable critical capabilities made available to entrepreneurs who could build diverse set of Apps useful in reaching the services to a wide mass of people through mobile phones.
Platforms help create more open platforms. Indian entrepreneurs will address the scale and diversity of India by building smart solutions on top of these DIGITAL PLATFORMS!
India Stack - Towards Presence-less, paperless and cashless service delivery....ProductNation/iSPIRT
IndiaStack has the potential to revolutionize the way government services of the future are delivered in a large country like India. The nation is looking for “a transition from technology-poor to innovation-rich society” and entrepreneurs have a good role to play. The problems (read opportunities) in financial services, healthcare and education are all so large that only the right technology and entrepreneurial brainpower can cost-effectively solve them. Solving these scale problems should mean great business sense too.
New digital lending architecture: As Indian consumers and business go from being data poor to data rich in next 3 years, a new lending architecture which is digital, based on data footprints and using algorithms can scale up rapidly to provide credit for the underserved. This includes P2P lending. The Electronic Consent layer of the India Stack will leverage this data tsunami.
IndiaStack is a set of APIs that allows governments, businesses, startups and developers to utilise an unique digital Infrastructure to solve India’s hard problems towards presence-less, paperless, and cashless service delivery.
presentation give you idea about the the recent trends in financial sector services from different financial tool which are being used by investment institution
India recently kicked off the Data Empowerment architecture, a framework for consented data sharing across the financial sector. This allows Nandini (Persona) to share data on her business’ regular invoices or GST payments seamlessly and securely.
Any bank or NBFC can now offer a regular stream of small-ticket working capital loans based on her demonstrated ability to repay. This is in sharp contrast to the status quo, where banks typically offer only larger loans backed by collateral. Using cash flows rather than collateral as the basis for credit is known as Flow-Based lending. Because producing collateral is a roadblock for the poorest Indians, Flow-Based lending may be their only opportunity to access the credit they sorely need for growth.
Platforms help create more open platforms. Indian entrepreneurs will address the scale and diversity of India by building smart solutions on top of these DIGITAL PLATFORMS!
India Stack - Towards Presence-less, paperless and cashless service delivery....ProductNation/iSPIRT
IndiaStack has the potential to revolutionize the way government services of the future are delivered in a large country like India. The nation is looking for “a transition from technology-poor to innovation-rich society” and entrepreneurs have a good role to play. The problems (read opportunities) in financial services, healthcare and education are all so large that only the right technology and entrepreneurial brainpower can cost-effectively solve them. Solving these scale problems should mean great business sense too.
New digital lending architecture: As Indian consumers and business go from being data poor to data rich in next 3 years, a new lending architecture which is digital, based on data footprints and using algorithms can scale up rapidly to provide credit for the underserved. This includes P2P lending. The Electronic Consent layer of the India Stack will leverage this data tsunami.
IndiaStack is a set of APIs that allows governments, businesses, startups and developers to utilise an unique digital Infrastructure to solve India’s hard problems towards presence-less, paperless, and cashless service delivery.
presentation give you idea about the the recent trends in financial sector services from different financial tool which are being used by investment institution
India recently kicked off the Data Empowerment architecture, a framework for consented data sharing across the financial sector. This allows Nandini (Persona) to share data on her business’ regular invoices or GST payments seamlessly and securely.
Any bank or NBFC can now offer a regular stream of small-ticket working capital loans based on her demonstrated ability to repay. This is in sharp contrast to the status quo, where banks typically offer only larger loans backed by collateral. Using cash flows rather than collateral as the basis for credit is known as Flow-Based lending. Because producing collateral is a roadblock for the poorest Indians, Flow-Based lending may be their only opportunity to access the credit they sorely need for growth.
Benefits of Blockchain Technology for Business.pptxSemidot Infotech
Blockchain technology provides multiple benefits to businesses and raises new ways to rebuild existing business models. Check out the several benefits of utilizing blockchain technology for business.
Digital lending is quickly growing among the 'thin file' borrowers i.e. the borrowers with no or negligible credit history. These borrowers can be both consumers or businesses.
But, in recent months the digital lenders are struggling with liquidity crises due to the pandemic. As RBI extended loan moratorium to borrowers, the Digital Lenders are in a catch-22 situation. While their borrowers expect them to extend the moratorium, financial institutions they borrow from (Banks and large NBFCs) are either refusing to or delaying to extend the moratorium to the digital lenders. digital lenders Association of India (DLAI) has already approached the RBI to get the moratorium benefits.
It is quite expected that many digital lenders (especially ones with weaker balance sheets) will not survive not only because of the liquidity crisis but also exposure to less creditworthy borrowers who are often small businesses and less creditworthy individuals. The economic repercussions of the lockdown may leave many of the borrowers unable to repay as small businesses shut down and people lose employment.
Although, the lockdowns have caused rapid digital adoption which is beneficial for the industry in the long-term. This indicates that the industry is expected to go through a lot of consolidation as cash strapped players look to be acquired to get some exit.
Let us understand this industry.
Was recently invited to share my thoughts on fin-tech with the board of a top 5 bank in India. While Indian banks have several challenges, I was impressed by this board's disruption awareness and desire to embrace technological change. It was a good discussion. Here is an edited version of that presentation (removed a few non-public info slides).
Role of Financial Technology in Banking. This ppt describes the impact of Fintech in Banking and the new technologies that are disrupting the banking and financial services. This also includes the need for innovation in the banking sector. Fintech i.e. Financial technology plays an important role in the banking sector. Retail banking, financial technology, Fintech, innovations, Technologies, Imoact of Fintech in banking.
Use of Articificial Intelligence and technologies in providing financial services is what fintech does. Whether it is Payment gateway, insurance, banking, lending, stock trading, taxes.
How Fintech evolved over the years in the World and Indian Economy.
Indian Fintech Companies under different categories
Common Fintech practices adopted by Fintech Companies with better flexibility, convenience and accessibile financial products and services
India's Digital Transformation by Nandan Nilekani.pdfTanuj Bhojwani
Nandan Nilekani's presentation on the rapid changes that are happening in India over the last decade and a half. India is going through non-linear changes by using Digital Public Infrastructure (DPI). This presentation joins the dots and presents the big picture.
India’s financial technology (fintech) sector may be young but is growing rapidly, fueled by a large market base, an innovation-driven startup landscape, and friendly government policies and regulations. Several startups populate this emerging and dynamic sector, while both traditional banking institutions and non-banking financial companies (NBFCs) are playing catch up.
Earlier this year, the National Association of Software and Services Companies (NASSCOM) reported that around 400 fintech firms operated in India, boosted in large part by foreign investments in fintech-focused startup accelerators and incubators. NASSCOM predicts that India’s fintech software market alone could touch US$ 2.4 billion by 2020, doubling on the current rate of growth
India Stack pilot - commercialization of techno-creative innovationsProductNation/iSPIRT
iSPIRT believes that by sharing the pilot learnings through this publication, we will address aspects of entrepreneurship competencies and create the right entrepreneurial environment to produce innovations that are both technologically feasible and commercially viable.
Increasing penetration of smartphones, Aadhaar-linked bank accounts and a host of powerful open and programmable capabilities is set to create the ‘WhatsApp moment’ for Indian banking.
Benefits of Blockchain Technology for Business.pptxSemidot Infotech
Blockchain technology provides multiple benefits to businesses and raises new ways to rebuild existing business models. Check out the several benefits of utilizing blockchain technology for business.
Digital lending is quickly growing among the 'thin file' borrowers i.e. the borrowers with no or negligible credit history. These borrowers can be both consumers or businesses.
But, in recent months the digital lenders are struggling with liquidity crises due to the pandemic. As RBI extended loan moratorium to borrowers, the Digital Lenders are in a catch-22 situation. While their borrowers expect them to extend the moratorium, financial institutions they borrow from (Banks and large NBFCs) are either refusing to or delaying to extend the moratorium to the digital lenders. digital lenders Association of India (DLAI) has already approached the RBI to get the moratorium benefits.
It is quite expected that many digital lenders (especially ones with weaker balance sheets) will not survive not only because of the liquidity crisis but also exposure to less creditworthy borrowers who are often small businesses and less creditworthy individuals. The economic repercussions of the lockdown may leave many of the borrowers unable to repay as small businesses shut down and people lose employment.
Although, the lockdowns have caused rapid digital adoption which is beneficial for the industry in the long-term. This indicates that the industry is expected to go through a lot of consolidation as cash strapped players look to be acquired to get some exit.
Let us understand this industry.
Was recently invited to share my thoughts on fin-tech with the board of a top 5 bank in India. While Indian banks have several challenges, I was impressed by this board's disruption awareness and desire to embrace technological change. It was a good discussion. Here is an edited version of that presentation (removed a few non-public info slides).
Role of Financial Technology in Banking. This ppt describes the impact of Fintech in Banking and the new technologies that are disrupting the banking and financial services. This also includes the need for innovation in the banking sector. Fintech i.e. Financial technology plays an important role in the banking sector. Retail banking, financial technology, Fintech, innovations, Technologies, Imoact of Fintech in banking.
Use of Articificial Intelligence and technologies in providing financial services is what fintech does. Whether it is Payment gateway, insurance, banking, lending, stock trading, taxes.
How Fintech evolved over the years in the World and Indian Economy.
Indian Fintech Companies under different categories
Common Fintech practices adopted by Fintech Companies with better flexibility, convenience and accessibile financial products and services
India's Digital Transformation by Nandan Nilekani.pdfTanuj Bhojwani
Nandan Nilekani's presentation on the rapid changes that are happening in India over the last decade and a half. India is going through non-linear changes by using Digital Public Infrastructure (DPI). This presentation joins the dots and presents the big picture.
India’s financial technology (fintech) sector may be young but is growing rapidly, fueled by a large market base, an innovation-driven startup landscape, and friendly government policies and regulations. Several startups populate this emerging and dynamic sector, while both traditional banking institutions and non-banking financial companies (NBFCs) are playing catch up.
Earlier this year, the National Association of Software and Services Companies (NASSCOM) reported that around 400 fintech firms operated in India, boosted in large part by foreign investments in fintech-focused startup accelerators and incubators. NASSCOM predicts that India’s fintech software market alone could touch US$ 2.4 billion by 2020, doubling on the current rate of growth
India Stack pilot - commercialization of techno-creative innovationsProductNation/iSPIRT
iSPIRT believes that by sharing the pilot learnings through this publication, we will address aspects of entrepreneurship competencies and create the right entrepreneurial environment to produce innovations that are both technologically feasible and commercially viable.
Increasing penetration of smartphones, Aadhaar-linked bank accounts and a host of powerful open and programmable capabilities is set to create the ‘WhatsApp moment’ for Indian banking.
Demo: How to get your Digital Aadhaar (eAadhaar) in DigiLockerAmit Ranjan
You can get a digital copy of your Aadhaar (eAadhaar issued by UIDAI, Unique Identification Authority of India) directly in your DigiLocker account. All you have to do is to sign up for a DigiLocker account and sync it with Aadhaar - the digital Aadhaar automatically shows up in your issued documents section.
This Presentation is one of a series where we look at the innovative work of how through working together, housing associations and social landlords can make a difference in the employment prospects of their residents and have an influence on policy.
Describing about digital payment in Indonesia and encourage all player how to execute digital payment and consumer how to use digital payment - by Heru Sutadi
Government of India Gazette Notification - The Information Technology (Preser...Amit Ranjan
In exercise of the powers conferred by sub section (1) of section 87 and clause (wa) of subsection
(2) of section 87 read with section 6A and section 67C of the Information Technology Act, 2000 (21 of 2000) the
Central Government of India hereby makes the following rules for the preservation and retention of information by intermediaries
providing Digital Locker Facilities, namely:–– the Information Technology (Preservation
and Retention of Information by Intermediaries Providing Digital Locker Facilities) Rules, 2016.
Eyal Glazner is a musical artist and a multidisciplinary educator Plays and teaches piano, guitar, bass, drums, percussion. during High School Appeared Eyal in Roxanne. Enriched and deepened his education in "Rimon" and combined academic studies for teaching in "lweinsky" for preforming jazz in "Rimon". During his career he was a member of "MAYUMANA" band. Elected to transfer workshops with Riki Gal and Mati Caspi in the TV Program "Star is born 2". Wrote music for commercials for companies such as Coca-Cola, Prigat, Hawaii, Bosh, OF TOV, Electra, Strauss. These days, showing up children show togther with Rami Kleinstein and "Dream production". Eyal was a partner in creating special projects with the Cameri Theater, Cameri Orchestra, nein Beach, Shmulik Noifiild. Wrote music for films (a big story, STRANGERS, RomanticA). All rights reserved to Eyal Glazner(C).
Slides of the talk titled - "India's Data Dilemma with India Stack" at the Strata Data Conference, London 2019.
Video Link - https://www.youtube.com/watch?v=wfonMXjfw8M
The presentation involves about Fintech industry, the technologies involved, various UPI's, regulators of Fintech Industry in India and Payment Sytstem in India
Evolution of Banks in the Digital Age - Apidays.io London 2019Eric Horesnyi
The Digital Age has turned blind unconnected banking clients into a smart, social and purposeful audience. Some banks have started to evolve in this new environment, using APIs to foster an open, innovation, bottom-up-culture; and some have started to focus on the essential: how to stay relevant and capture the attention of a new generation of users. The winners are those providing superior experience to their users and employees, to keep differentiating in an environment attracting new species -Tech Giants, Telcos, and new species : Neobanks, and Scale Up Fintechs. This presentation proposes a framework to discuss digital transformation as adaptation, evolution and selection of species in the Digital Age. First provided at Apidays.io London, Nov'19
Fintech is abbreviation of Finance technology. It's new sector in Finance service. Basically it's combination of Finance and technology......A digitalization of banking
The Future of Digital Payment Apps_ Trends and Predictions.pdfSafeDeposit
With the development of Escrow-Style Payment Apps and novel solutions like SafeDeposit, this essay will examine the current state of the industry and speculate on its future.
IoT-Where is the Money? - Chandrashekar Raman, Engagement Manager, IoT Strate...Lounge47
“Internet of Things (IoT) – Where is the Money?” - This talk highlighted the need for innovative business and technical models. Top 5 key takeaways from the session: 1) Analyze business models from the perspective of targeting “control points” (allows disproportionate share of value e.g. platform), “network externalities” (users generate more users e.g. facebook) and “virtuous cycle” (self-propogating value system e.g. Twitter: tweets generating more, value, tweeters and users) 2) Fog computing (solutions at the edge of the network) should be considered for "time sensitive" or "mission critical" solutions 3) IoT Stats 2013: $1.7B funding, 186 deals, 30% up YOY, 75% up on exits, largely in platforms; Cisco estimates 50B connected devices by 2020, economic value of 19 trillion added in next decade 4) Manufacturing and Smart Cities most immediate opportunities in Enterprise space 5) Key Challenges are security and time-sensitive networking. In summary, IoT Startups focused in a hot space need to pick clever business models relative to the competition.
Innovations in payments driven by API first technology.pdfapidays
apidays LIVE Singapore 2022: Digitising at scale with APIs
April 20 & 21, 2022
Innovations in payments driven by API first technology
Ravi Patel, Managing Director, Head of Partnerships at Episode Six
------------
Check out our conferences at https://www.apidays.global/
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Learn more on APIscene, the global media made by the community for the community:
https://www.apiscene.io
Explore the API ecosystem with the API Landscape:
https://apilandscape.apiscene.io/
Deep dive into the API industry with our reports:
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IoT is a critical enabler for going digital. Like other domains, getting the basics right is critical to make a thriving IoT ecosystem. I did this workshop in Middle East to educate the audience (from public and private sector) on the three essential enablers for building a trustworthy foundation for IoT projects: reliable connectivity, a robust security framework and an agile monetization environment. Data generated by IoT endpoints may very well be the oil, but it requires these three key enablers to make it all work!
Getting to know SIX Network
- Founding Members
- Some business stat of existing business
- SIX Network - Platform Infrastructure
- The technology
- Business opportunity analysis on the digital payment as a service
- SIX Pay & SIX Wallet
- Roadmap
Digital India - Govt of India's flagship program for digital empowerment of I...Amit Ranjan
Digital India is the Indian Government's flagship program aimed at transforming India into a digitally empowered society and knowledge economy.
Source : https://negp.gov.in/pdfs/DigitalIndia.pdf
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Canadian Immigration Tracker March 2024 - Key SlidesAndrew Griffith
Highlights
Permanent Residents decrease along with percentage of TR2PR decline to 52 percent of all Permanent Residents.
March asylum claim data not issued as of May 27 (unusually late). Irregular arrivals remain very small.
Study permit applications experiencing sharp decrease as a result of announced caps over 50 percent compared to February.
Citizenship numbers remain stable.
Slide 3 has the overall numbers and change.
Understanding the Challenges of Street ChildrenSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Many ways to support street children.pptxSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Russian anarchist and anti-war movement in the third year of full-scale warAntti Rautiainen
Anarchist group ANA Regensburg hosted my online-presentation on 16th of May 2024, in which I discussed tactics of anti-war activism in Russia, and reasons why the anti-war movement has not been able to make an impact to change the course of events yet. Cases of anarchists repressed for anti-war activities are presented, as well as strategies of support for political prisoners, and modest successes in supporting their struggles.
Thumbnail picture is by MediaZona, you may read their report on anti-war arson attacks in Russia here: https://en.zona.media/article/2022/10/13/burn-map
Links:
Autonomous Action
http://Avtonom.org
Anarchist Black Cross Moscow
http://Avtonom.org/abc
Solidarity Zone
https://t.me/solidarity_zone
Memorial
https://memopzk.org/, https://t.me/pzk_memorial
OVD-Info
https://en.ovdinfo.org/antiwar-ovd-info-guide
RosUznik
https://rosuznik.org/
Uznik Online
http://uznikonline.tilda.ws/
Russian Reader
https://therussianreader.com/
ABC Irkutsk
https://abc38.noblogs.org/
Send mail to prisoners from abroad:
http://Prisonmail.online
YouTube: https://youtu.be/c5nSOdU48O8
Spotify: https://podcasters.spotify.com/pod/show/libertarianlifecoach/episodes/Russian-anarchist-and-anti-war-movement-in-the-third-year-of-full-scale-war-e2k8ai4
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
A process server is a authorized person for delivering legal documents, such as summons, complaints, subpoenas, and other court papers, to peoples involved in legal proceedings.
8. Pradhan Mantri Jan Dhan Yojana
BANKING FOR ALL
8Source: As on 29 Mar 2016, http://pmjdy.gov.in
9. Accelerated by Regulatory Innovation
Source: News Reports 9
BANK
NATIONALIZATION
New Banks
1969 1980 1993 2001 2014
2015
+14
+6
+10
+2 +2
+2149 Years, 14 New Banks in 3 Months
Ushering in a
new ERA of
DIFFERENTIATED
BANKING
10. Aadhaar: 1 Billion in 5.5 Years
950M
600M
300M
100M
50M
Source: Data from http://www.uidai.gov.in 10
1B
11. The rise of smartphones
Current sales
about 25M
smartphones
per quarter
Source: Ericsson Mobility Report 11
12. The Evolution of the India Stack - Built on JAM
12
2010 2011 2012 2013 2014 2015 2016
950 M
1005 M
190 M
Aadhaar
Mobile
JDY
2009
944 M
600 M
100 M
Source: Ericsson Mobility Report, PMJDY, Aadhaar Web Sites
AEPS
APB
Aadhaar
Authentication
Aadhaar
eKyc
eSign
UPI
Consent
Architecture
Digilocker
1+ B
1+ B
250+ M
16. Existing DSC non-scalable due to physical verification, paper process, and use of dongles
eSign allows all Aadhaar holders to digitally sign anytime anywhere
Open API based, allowing applications to easily integrate
eSign - eliminating wet signature
16Source: http://www.cca.gov.in/cca/?q=eSign.html
17. Digital Locker - eliminating fake papers
Open API based
Ecosystem driven
Digitally protected
Source: https://digilocker.gov.in 17
DigiLockerIssuer Requestor
Users
Issues Documents
Digitally
Accesses Documents
Online
Approves
Access
18. Unified Payment Interface
18Source: http://www.npci.org.in
Instant
Push & pull
Virtual addresses
Smartphone as card
Smartphone as PoS
1-click 2 FA
19. Electronic Consent Architecture
Data Consumers
(Banks,Credits
Providers etc)
DIGITAL
LOCKER
19
All "data sharing" to be "via" the
"owner" with "consent"
"Owner" of the data can
"electronically request" his/her data
and store in his/her "digital locker"
"Owner" can "choose" to share the
data "for a purpose" using "electronic
consent"
Data Providers
(Banks,Telco,
Hospitals,etc)
20. 20
PRESENCE-LESS LAYER Aadhaar Authentication
Unique digital biometric identity
with open access of nearly a Billion
users
CONSENT LAYER Open Personal Data Store
Provides a modern privacy data
sharing framework
PAPERLESS LAYER
Aadhaar e-KYC,
E-sign, Digital Locker
Rapidly growing base of paperless
systems with billions of artifacts
CASHLESS LAYER IMPS, AEPS, APB, and UPI
Game changing electronic payment
systems and transition to cashless
economy
COMMERCE
(GSTn)
CREDIT
(RBI)
INVESTMENTS
(SEBI)
OTHERS
INDIASTACK
SKILLS
JAM Jan Dhan, Aadhaar, Mobile
21. 21
We will go from data poor to data rich nation in 5 Years!
Digital
Identity
Paperless
Process
Commerce
Payment
Social
Machine Learning
& Algorithms
Cashless, Paperless & Presence-less
Service Delivery
22. Nandan Nilekani, 2015 22
The phone will replace the card as the
‘What you Have’ authentication factor
WHAT
YOU
KNOW
WHAT
YOU
HAVE
WHO
YOU
ARE
PIN / Password Card Proof of Identity
23. Nandan Nilekani, 2015 23
Combining Security with Convenience
Biometric smart phones enable 1-click 2-factor authentication
WHAT
YOU
KNOW
WHAT
YOU
HAVE
WHO
YOU
ARE
Smart Phone Aadhaar
24. Nandan Nilekani, 2015
The future is here!
Smartphones with
integrated Iris
recognition available!
24Source:http://mashable.com/2015/05/13/japanese-smartphone-mobile-payments/
26. Why Rajni Cannot Get A Loan?
26
Customers with the lowest default rates
have the highest interest rates
Sales
Costs
No
Credible
Data
Servicing
Costs
29. Need a
loan
Sees
loan
offers
Accepts
best offer
Receives
loan
Sells
Goods
Repays
loan
Agrees to
share
data
Consent
Architecture
Credit
marketplace
app
Credit
market-
place
paperless
contract
Transaction
a/c & app
Payment
app
Payment
app
Aadhaar/
eKYC
digi
locker
API for
loan
offers
eSign
Digilocker
UPI
auth
orization
api
UPI
UPI
29
Each solution is
enabled by the
India Stack
36. The Skills Problem
Low trust environment
Employers do not trust credentials
Training is not a differentiator
No premium for quality
No accumulation of skill credentials
Lack of mobility
Vicious
Cycle
36
39. 39
India Stack as
Digital Infrastructure
Regulatory
Policy
Market Making Policy
via Challenge Grants
100s of Experiments
- Low barriers to entry
- Level playing field
- Aligned to national issues
- Rapid success/failure cycle
A robust
foundation to
enable innovative
solutions to
India’s hard
problems
Innovative Solutions to
India’s Hard Problems
- Commercially Viable
- Far reaching consumer impact
- Reinforces experimentation