Axa Assurance Maroc - Insurer Innovation Award 2024
Introduction to India Stack v1.2
1.
2.
3.
4. Notes: Echoing the credo of M-PESA, India Stack was not built with a breakthrough of intellectual property, nor with a
mountain of investment. Instead, all the components of India Stack have been built using a first-principles approach leveraging
commodity technology, modest investment, and a commitment to solving for economic primitives of Identity, Payments, Data.
21. - Aadhar is designed as a platform providing a single service- identity verification- that
can be plugged into any service requiring that service.
- Not relying on single biometric alone: Fingerprints wear out with time due to physical
labour. That’s why the case of Iris scans was pushed.
- Unless a user provides explicit consent, the data cannot be shared with anyone
including the Govt.
- Was designed to be inclusive.
- Speak the local language
- Number scheme that never runs out
- Should not reveal person’s identity by simply reading a number