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India to leverage AI for making digital public infrastructure more efficient
The post India to leverage AI for making digital public infrastructure more efficient appeared on BitcoinEthereumNews.com. India intends to integrate artificial intelligence (AI) technology into digital public infrastructure to improve efficiencies and redefine the country’s digital ecosystem. India’s DPI includes a Unified Payments Interface (UPI) public platform and Aadhaar, touted as the world’s largest biometric identification system. “The seamless fusion of Digital Public Infrastructure (DPI) with artificial intelligence propels us into a new world of ‘Digital Public Intelligence,’ representing a transformative leap forward,” India said in its report on the G20 Task Force on Digital Public Infrastructure. The work of the Task Force led to the acceptance of the definition and framework of DPI during India’s G20 Presidency, and it is expected to be taken forward during the Brazilian and South African G20 Presidencies. India’s Ministry of Finance said that the report is also expected to play a key role in defining the future course of the DPI approach and actions around the globe. India held its G20 presidency in December 2022, with digital asset regulation as one of its agendas. The G20 is an intergovernmental forum of the world’s major developed and developing economies, collectively accounting for 85% of global gross domestic product (GDP) and 75% of international trade. “Looking ahead, as we have seen, it will continue to be useful to deal with the complex and pressing challenges like achieving sustainable growth, financial inclusion, reducing cost of payments, harnessing data for development. With the appropriate application of emerging technologies, including AI, the impact of DPI can easily be amplified further,” the report said. India’s DPI—digital identity, fast payment system, and consent-based data sharing—has demonstrated how 1.4 billion individuals can access socio-economically important services in finance, health, education, e-governance, taxation, skills, etc. This infrastructure is the result of strong partnerships between the public and private sectors, unlocking innovations to address the size and diversity of…
The post India to leverage AI for making digital public infrastructure more efficient appeared on BitcoinEthereumNews.com.
India intends to integrate artificial intelligence (AI) technology into digital public infrastructure to improve efficiencies and redefine the country’s digital ecosystem. India’s DPI includes a Unified Payments Interface (UPI) public platform and Aadhaar, touted as the world’s largest biometric identification system. “The seamless fusion of Digital Public Infrastructure (DPI) with artificial intelligence propels us into a new world of ‘Digital Public Intelligence,’ representing a transformative leap forward,” India said in its report on the G20 Task Force on Digital Public Infrastructure. The work of the Task Force led to the acceptance of the definition and framework of DPI during India’s G20 Presidency, and it is expected to be taken forward during the Brazilian and South African G20 Presidencies. India’s Ministry of Finance said that the report is also expected to play a key role in defining the future course of the DPI approach and actions around the globe. India held its G20 presidency in December 2022, with digital asset regulation as one of its agendas. The G20 is an intergovernmental forum of the world’s major developed and developing economies, collectively accounting for 85% of global gross domestic product (GDP) and 75% of international trade. “Looking ahead, as we have seen, it will continue to be useful to deal with the complex and pressing challenges like achieving sustainable growth, financial inclusion, reducing cost of payments, harnessing data for development. With the appropriate application of emerging technologies, including AI, the impact of DPI can easily be amplified further,” the report said. India’s DPI—digital identity, fast payment system, and consent-based data sharing—has demonstrated how 1.4 billion individuals can access socio-economically important services in finance, health, education, e-governance, taxation, skills, etc. This infrastructure is the result of strong partnerships between the public and private sectors, unlocking innovations to address the size and diversity of…
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