While all aspects have been covered by the speakers, I feel one important component is left out. When online is the key in all areas, it is imperative that we have an online identity as well. UIDAI has also sought solutions to generate an ID which can be available anywhere and anytime for the citizens. To realise the dream of smart cities, digital cities or in larger context a digital India, you need a digital ID, which differentiates the unique ID from the digital one. How does one achieve uniqueness? It is through biometric technology: Aadhaar number that helps match biometric numbers. One individual gets only one identity.
By this feature itself, Aadhaar can be used not only in financial but also in the non- financial sectors. Aadhaar could be used in many ways, but all these things are subject to the Supreme Court decision of allowing Aadhaar use in certain services. The mandate of UIDAI is to give every resident a unique online 12-digit identity, through which we generate a basic demographic name, address, date-of-birth, 10 fingers’ print. We have the largest biometric system in the world. We have attained about 94 crore IDs multiplied by 12. We are the world’s first country having highest online identity platform. We have scaled up 100 million authentic transactions per day.
The UIDAI has three services: Aadhaar using KYC to open bank accounts, transfer of money to individual-to-individual, Aadhaar-enabled payment system like withdrawal, deposit, and so on.