WHAT IS INDIA STACK?
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. The Open API team at iSPIRT has been a pro-bono partner in the development, evolution, and evangelisation of these APIs and systems.
INDIA STACK PROVIDES 4 DISTINCT TECHNOLOGY LAYERS
Where a universal biometric digital identity allows people to participate in any service from anywhere in the country
Where digital records move with an individual's digital identity, eliminating the need for massive amount of paper collection and storage
Where a single interface to all the country's bank accounts and wallets to democratize payments
Which allows data to move freely and securely to democratize the market for data
THE EVOLUTION OF INDIA STACK
UIDAI was created with the objective to issue Unique Identification numbers (UID), named as "Aadhaar”.
UIDAI launched Aadhaar Auth API even before the first Aadhaar was issued.
NPCI launched Aadhaar Payments Bridge & Aadhaar Enabled Payments System which uses Aadhaar number as a central key for electronically channelizing the Government benefits and subsidies.
UIDAI launched eKYC which allows businesses to perform Know Your Customer verification process digitally using Biometric or Mobile OTP.
CCA launches eSign as an open API to facilitate an Aadhaar holder to digitally sign a document and MeitY launches DigiLocker, a platform for issuance and verification of documents & certificates in a digital way, thus eliminating the use of physical documents
NPCI launches Unified Payments Interface, the most advanced public payments system in the world to revolutionise digital payments in India
NeGD launches DigitalLocker, a a platform for issuance and verification of documents & certificates in a digital way
HOW DOES IT AFFECT INDIA?
Brings millions of Indians into the formal economy by reducing friction.
Fosters innovation to build products for financial Inclusion, healthcare & educational services at scale.
Brings a paradigm shift in the way government services are delivered in a transparent, accountable and leakage free model.