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Ask Q directly to Ceo (gary froster) and post here, page-32

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    What do I particularly like about India's Aadhaar System? Before I answer that, please have a watch of this short video.



    Here's what Mr. Nilekani highlighted in the video presentation (see below)...

    * Over 1 billion Indian residents have an Aadhaar account already and this was achieved in just 5.5 years.

    * Aadhaar provides online authentication in real time. A person can go anywhere and provide their Aadhaar number and it gives authentication in real time.

    * No one else in the world has this system in place.

    * The Aadhaar system can authenticate 100 million transactions per day, in real time with capacity to grow exponentially as more and more people use the system.

    * It's also been designed to work with future devices. That's what the Chief architects had in mind from the start. It's also open API.

    * With the Aadhaar system integrated into smartphone it becomes a one click, two factor authentication. The smartphone one factor, the Aadhaar second factor.

    * The only country in the world where both factors of authentication are available as open platforms.

    * In other words anyone can create a better experience than anything currently on the market with a little innovation. That's the power here.

    * But it's what was highlighted about the UPI system in this article that has me most interested http://yourstory.com/2016/07/india-stack/

    * UPI, Aadhaar and smartphone will all be synched!

    * Mobile commerce is a high priority on TSI India's list.

    You all know what my dream market is. UPI, remittance markets all go hand in hand.

    Other reference:



    Tony
 
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