AI To Be Part Of India Stack’s Innovation Journey: MoS IT Rajeev Chandrasekhar

As the country hosted the first India Stack Developer Conference on Wednesday (January 25), Minister of State (MoS) for Electronics and Information Technology Rajeev Chandrasekhar said that India Stack will become more sophisticated over time and will also use AI going ahead.

“What we have today is #IndiaStack 1.0. It will become more nuanced, intelligent and sophisticated, and will keep evolving with time. Using data datasets and AI will be part of the innovation journey of India Stack,” Chandrasekhar said during the conference.

The conference saw participation of over 100 digital leaders from industry associations, industry, system integrators and top executives of startups. The event was also attended by delegates of the G20 countries.

Chandrasekhar said that the objective of the conference is to increase access and adoption of India Stack for countries that are keen to adopt and integrate it as per their requirements and to create a robust ecosystem of startups, developers and system integrators working around it on the next-generation innovations.

“Our mission as a nation is to offer India Stack or the part of the Stack to those enterprises and countries across the world who want to innovate and further integrate, execute, and implement digital transformation,” the minister said.

Additionally, he also said that five-seven countries are expected to sign up for partial or full adoption of India Stack by February-March.

India’s digital stack or the India Stack is a set of open application programming interfaces (APIs) and digital public products covering identity, payments, among others. It includes Aadhaar, account aggregator framework, UPI, among others.

For example, the government has been promoting UPI at an international scale, with as many as 30 countries from across the world in talks with India for deploying the payments framework in their countries.

Earlier this month, a senior official of the Monetary Authority of Singapore said that the integration of UPI with its Singaporean counterpart PayNow is expected to go live soon.

Recently, the National Payments Corporation of India (NPCI) also instructed members of UPI to allow non-resident account types such as non-resident external (NRE) and non-resident ordinary (NRO) accounts with international mobile numbers to use UPI.

The Centre is also planning to introduce a certification mechanism for Indian startups who seek to help foreign countries integrate their existing digital infrastructure with the APIs of various digital public goods part of the ‘India Stack’.

The post AI To Be Part Of India Stack’s Innovation Journey: MoS IT Rajeev Chandrasekhar appeared first on Inc42 Media.