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India Stack: Revolutionizing Digital Identity And KYC Costs From $7 To 4 Cents

India Stack: Revolutionizing Digital Identity And KYC Costs From $7 To 4 Cents

Business Today
Business Today
  • New Delhi ,
  • Apr 26, 2024,
  • Updated Apr 26, 2024, 7:02 PM IST

 

India Stack, a digital framework with components like Aadhaar, drives transformative solutions for millions. With nearly 1.4 billion Aadhaar users, it enables remote identity authentication, electronic record retrieval, and electronic document signing. Notably, Aadhaar authentication exceeds 113 billion, while KYC costs drop from $7 to 4 cents, marking a significant digital revolution

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