Technical hunt

The digital economy, as regarded by experts is the third industrial revolution, a new productivity platform that is changing the way payments are made. Due to Indian Government’s flagship programme ‘The Digital India’, we are transcending towards a digitally empowered society and knowledge economy that can be described as “Faceless, Paperless, Cashless”. According to Goldman Sachs  – India could be the second largest economy by 2030, comprising 15% of the world population, with a growth rate of 7 to 8%. And this new leadership new leadership considers the digital economy as a major growth enabler, as India continues to make steady progress toward becoming a “Cashless Economy.” and it is being enabled by various modes of digital payments. Have you ever wondered who is the truly responsible for enabling the Digital infrastructure for all the banks and payment bodies to interact with each other? Let’s take an example, If I want to access any other ban...

While creating the Aadhar card, the government stores fingerprints and retina scan data, which is called biometric data. It is used for base verification. You can lock this biometric data sitting at home. Visit the UIDAI website and Lock / Unlock Biometrics? Click on You will now have the option of Lock your Biometrics. Insert your 12-digit base number below it and send the OTP. After this there will be a one time password on your mobile. After that open the OTP in the OTP bar of the open page and click on Verify. Now check enabled biometric locking. After checking enabled biometric locking, click on the enable. If you want to disable the lock, then uncheck the enabled biometric locking. Disable it again. In this way you can lock / unlock your base biometric data. Explain that after locking the biometric data, the transaction based on the basis and request will be validated only through OTP sent to the mobile number. The thumb and iris scan facility will end.