Originally published on November 23, 2016: RBI’s Payments and Settlements System Vision 2018 now aims to ensure that a variety of electronic payments are cost-effective for both users and service providers.
The World's Largest Biometric Digital ID System, India's Aadhaar, Just Suffered Its Biggest Ever Data Breach – Infinite Unknown infiniteunknown.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infiniteunknown.net Daily Mail and Mail on Sunday newspapers.
In one fell swoop, roughly 10% of the global population appears to have had some of their most valuable personal identifiable information (PII) compromised. Yet Aadhaar continues to receive plaudits from Silicon Valley.
State-run banks in India are considering the establishment of a common blockchain platform to issue letters of credit and facilitate multi-party underwriting for their corporate clients. The platform would allow lenders to make faster decisions and provide a more efficient and secure solution for stakeholders and auditors.