SUIIC : “ Your Unique Identity “ Platform - about to be born ?
Context :
Blockchain-based digital ID platform being built by group of research bodies / ET / 27 April 2022
Extract :
Imagine not having to fill up a single know-your-customer (KYC) form before opening any bank or demat account or even for receiving money directly from the government in your digital wallet.
In the future, all your data could be stored on a blockchain-based platform and you could pick and choose exactly which data you want to part with for any entity to avail its financial services.
Fourteen researchers from three apex institutions of the country – the Institute for Development and Research in Banking Technology ( IDRBT ), IIT – Hyderabad and IIT – Bhilai are building the next generation Digital Identity platform , an Aadhar 2.0 of sorts. Supported by the RBI Innovation Hub , it will enable innovation in India’s financial space
These institutions have received a funding of Rs 23 Cr from Ministry of Electronics and Information Technology
D Janakiram, [ djram@idrbt.ac.in ] director of country’s apex banking technology research organization IDRBT, explained that a key component will be a machine-learning based VIDEO AUTHENTICATION TOOL
“ Once this PLATFORM gets evolved, I think it is going to become the basis for an AUTO POWERED , 24x7 available SYSTEM for you to just finish your KYC requirement at any given point of time “, Janakiram said
“ You may be able to interact with this PLATFORM through multiple modes such as PHONE or ATM kiosk , where you show all your documents ON VIDEO and it then gets STORED in the SYSTEM “ , he said
He pointed out that if a bank or any other entity requires KYC , they can interact with the SYSTEM based on the customer’s consent
Once this PLATFORM is built, he said it will fuel financial innovation a the SYSTEM can have a provision of a WALLET where the government can directly transfer money
He said that in Aadhar the biometric data collected acts as an IDENTITY PROOF of the citizen but when it comes to availing certain financial services, just Aadhar is not enough. There could be more documents that could be required as part of the KYC process
The SYSYEM will serve as a ONE STOP SOLUTION for KYC requirements for ALL FINANCIAL SERVICE requirements
The new PLATFORM is expected to be ready for transfer to financial institutions in around two years, he added
MY TAKE :
Thank you, Shri Ashwini Vaishnawji – Shri Rajeev Chandrasekharji ( MeITY ) :
The “ UNIQUE DIGITAL IDENTITY “ platform that you have asked these Institutions to develop ,has the
potential to be adopted all over the World
I am glad that this PLATFORM, will incorporate most of the suggestions made in my following e-mail :
Ø I am One , I will become Many………………. [ 06 Jan 2020 ]
Extract :
Following is my suggestion :
# Central Govt to launch a online portal called,
www.SUIIC.gov.in ( Single Unified Identity for Indian Citizen )
# By appropriately enacted Law, Central Govt will order all CARD ISSUING
AGENCIES to upload their “ Card Related Databases “ onto SUIIC web server
and continue to do so DAILY for new additions to their databases
# SUIIC will use AI - Machine Learning- Big Data Analytics etc., to merge /
collate all kinds of structured / unstructured databases pertaining to all kinds
of Cards / unique IDENTIFIERS, issued by any entity,to any citizen
These will include Mobile Service Providers and E Mail ID providers
# This exercise will lead to creation of UNIQUE PROFILE for each citizen, and
named :
YUP ( Your Unique Profile )
YUP ( with unique serial number ) will be that SINGLE CARD which
replaces all CARDS
# YUP will also be the name of a Mobile App supported by SUIIC web server
# Any citizen can download the YUP ( absolutely VOLUNTARY ), open it on his
smartphone , enter his mobile number / E Mail ID and take a SELFIE of
his own FACE
# The Mobile App will automatically and instantly, upload the FACE IMAGE
onto SUIIC database and the matching YUP of that person
# SUIIC will embed into the FACE PHOTO, all data of all the CARDS ever
issued to that person ( using STEGANOGRAPHY ), and send it back to the
owner’s mobile phone
# Just under the FACE PHOTO, there will be a DROP LIST of all the Cards
/ Identifiers which have been embedded. Touching any item, will reveal
the actual Physical Card embedded. Touching any item, will reveal the
actual Physical Card
# This will enable that citizen to EDIT his personal data online and click SUBMIT
# ANYTIME REQUIRED IN FUTURE, THAT CITIZEN CAN SHOW THAT YUP PHOTO TO ANY PARTY
# There will be no compulsion for any citizen to use YUP . He may continue using his Physical Cards, if he
so desires
=============================
This is a very broad “ CONCEPTUAL FRAMEWORK “ – and certainly not comprehensive by any standard
Eg :
Going beyond merging / aggregating /
# Enabling him to use YUP to create ( for the first time ), an altogether different card ?
# Enabling a person to create a new Voter Card, upon attaining the age of 18 ?
I urge Shri Ravi Shankar Prasadji to get this examined by some eminent technologists
With regards,
Hemen Parekh / hcp@RecruitGuru.com / 28 April 2022
Related Readings :
Ø Morphing of DigiLocker : Caterpillar to Butterfly ?................ [ 17 Mar 2022 ]
Ø DigiLocker = Single Unified Identity for Indian Citizen ? ……….[ 06 Mar 2022 ]
Ø How many NATIONAL databases of Indian Citizen ?.............. [ 03 July 2021 ]
Ø Digital Locker Project……………………………………………………………
Ø Universal Payments ID : How about Unique Personal ID ?....... [ 06 Apr 2021 ]
Ø Thank You, Piyushbhai……………………………………………………
Ø Thank You, Shri Saurabh Garg ……………………………………… [ 18 Dec 2021 ]
Ø One Small Step ………………………………………………………….[ 10 Jan 2020 ]
Ø Tamil Nadu : # 1 on “ Ease of Living “ Index ?........................ [ 13 Feb 2020 ]
CC:
anil@iith.ac.in
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