India is the only country in the world where a billion people can now enjoy cashless transactions through their mobile phones using this infrastructure that will eventually reduce costs. Once the costs are reduced, inclusion will happen automatically, added Nilekani on this fundamental strategic outlook.
He also said that the question of how data use can address inequality has not been discussed enough, but a unique digital ID is a good way to authenticate oneself through a system and get the own data out.
India is the only country in the world where a billion people can now enjoy cashless transactions through their mobile phones using this infrastructure that will eventually reduce costs. Once the costs are reduced, inclusion will happen automatically, added Nilekani on this fundamental strategic outlook.
ReplyDeleteHe also said that the question of how data use can address inequality has not been discussed enough, but a unique digital ID is a good way to authenticate oneself through a system and get the own data out.
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