One record for all financial assets of individual - This is hell RBI is taking us.
Eliminate paper trails - They are not even cryptic about it anymore
Only in the lala land - regulated - without a regulator / law can exist.
Experience in technology. Uncle Please we know. We saw that with MCA portal, GST, Income tax portal
Inverting paradigm based on information capital. 🪁🪁
For those uninformed and finding it irrelavent, please mute this thread. Sorry, should have put this PSA much earlier.
100s of informed consent - what are you launching now again then?
40% user base in 8 banks means - SBI is not on?
Since we don't like people have privacy, apps are available only in Android
Data driven society - Bank execs can't decide for society
so expect host, everyone else is speaking on pre-recorded videos?
Innovation will migrate to locations where there are lowest data protection standards.

And then they say India is innovation hub in data empowerment.

Tell one thing please
Today's event is much like every petrol pump owner putting up Modi banner. Every Financial sector executive, carefully reading scripted text
Too much stackware-washing.
Poverty Premium.. As they say - words don't have meanings.
The only app that will improve Indians' improve their financial lives uncle, is an app in which you write your resignation letter

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More from @logic

1 Aug
#eRUPI #UPI Vouchers for benefits is a radical departure from #DBT. Purpose and person aware #G2P payments are here. #SaveOurPrivacy
en.m.wikipedia.org/wiki/Ration_st… is digitized food stamps, but crucial digitization difference is it converts a bearer instrument like stamp / coupon into a person / purpose specific instrument, embedding automatic data emission about beneficiary upon use.
The naming of this is curious. When countries around the world are discussing #CBDC / issuing new digital currency, naming a private payment instrument #eRUPI is sign of things to come (?). One can only speculate at the moment.
Read 17 tweets
5 Jul
Nandan Nilekani To Join Government Panel To Curb Digital Monopolies ndtv.com/india-news/nan… via @ndtv

Irony just got its jab and #CoWIN certificate
How many digital monopolies were built by Nandan
The @DIPPGOI announced a committee previously on e-commerce.

medianama.com/2020/11/223-co…
Read 4 tweets
5 Jul
Are these countries also importing vaccines from India? Is #CoWIN being bundled here for vaccine access in the name of demand management tech? cc @anivar @asdofindia
Read 7 tweets
30 May
Draft Aadhaar (Authentication and Offline Verification) Regulations, 2021 - uidai.gov.in/images/Draft_A…

Draft put for consultation 'silently' by @UIDAI on May 20, 2021 and closing by June 2, 2021.

Some highlights on thread.

@SFLCin @internetfreedom @nixxin
The proposed regulations will supersede the Aadhaar (Authentication) Regulations, 2016 uidai.gov.in/images/regulat…

Context : This is the regulation relating to Authentication coming after #Aadhaar Amendments and the Aadhaar Good Governance Rules 2020
TLDR - This regulations is around authentication framework, including offline verification appointment of requesting entities and AUA/ASA, Obligations of Offline Verification Seeking Entities (OVSE), eKYC guidelines, regulations around logs, audit, transaction data
Read 23 tweets
11 May
From one-stop shop to no-stop shop: An e-government stage model sciencedirect.com/science/articl…
Proactive service delivery means that the government delivers a service to a citizen when a life event occurs, without the citizen having to request the service.
Predictive service delivery - where the government predicts that a life event will occur and triggers a service before it occurs, with the pre-emption in some cases preventing a potentially undesirable life event from taking place
Read 4 tweets

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