UIDAI is collaborating with cybersecurity startups to create products for quantum computing
- ByStartupStory | January 26, 2023
In order to develop quantum computing-based solutions, the Unique Identification Authority of India (UIDAI), which manages the Aadhaar database, is collaborating with two cybersecurity firms.
“We are already working with two startups in the cybersecurity field to develop products that are quantum computing based. Nasscom has been a supporter in this and we hope to collaborate with them,” UIDAI chief Saurabh Garg said at the India Stack Developers Conference on January 25.
The Indian government organised the conference to interact with a variety of stakeholders, including entrepreneurs, foreign governments looking to embrace IT architecture, and developers creating products on top of the India Stack.
At the conference, Garg said that Aadhaar had contributed to the reduction of the cost of bank authentication from Rs 20 to Rs 3.
Of the daily Aadhaar authentications that are performed, banks already perform 40% of them, while the public distribution system is responsible for 20% of them (PDS).
“We are working on now to expand the number of authentication user agencies. The banking sector is more or less fully on board. We have a large number of NBFCs – nearly 300 of them have come on board in the last six months alone and we are expanding that network,” said Garg.
“We are expanding our capacity to handle 20 crore authentications a day,” he added.
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