New Delhi: According to UIDAI CEO Saurabh Garg, there are over five crore Aadhaar authentications every day, and over 40 crore banking transactions every month through the Aadhaar-enabled payment system (AEPS).
Speaking at the 16th edition of India Digital Summit 2022 organized by IAMAI, he said the number goes up to over 5 crore when offline authentication is considered. He said, “We needed any time, everywhere authentication capabilities. We have introduced and validated the offline verification option for those who do not want to use the internet authentication capability. Free any offline verification access. can do in
“On the payments front, we have an Aadhaar-enabled payment system for the last mile banking network, which is rapidly growing in numbers.” In the times of COVID, AEPS has served the nation commendably. Every month, around 400 million last-mile banking transactions are completed on the AEPS system through 50 million micro-ATMs.”
He said that Aadhaar authentication is free for individual citizens and will always be free. UIDAI has recently reduced the cost of certification from Rs 20 per instance to Rs 3 per instance, to allow companies to use their infrastructure to provide better lifestyle to people through multiple services and benefits. So to receive.
Referring to Aadhaar 2.0, he said that it will rapidly provide automated biometric matching solutions, with a primary focus on ecosystem security. He added that the authority is investigating the use of blockchain and quantum computing.
“We are looking at what blockchain has to offer, whether blockchain can be used in any way to provide decentralized level solutions, and that is on the horizon.” We are investigating personal computing as a cost-effective but secure Aadhaar data wall solution, as well as a technology for authentication. “We need to see if there are quantum robust security solutions in quantum computing,” he said.
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