Blockchain Technology for Smart Cities

Transcription

1 Blockchain Technology for Smart Cities ET, 9 Oct emudhra to setup an R&D center for blockchain applications Business Wire, 10 Oct emudhra to Launch R&D Centre in Bangalore to Develop Blockchain Based Technology Medianama, 10 Oct emudhra to setup an R&D center for blockchain applications UNI, 10 Oct emudhra to Launch R&D Centre in Bengaluru DataQuest, 10 Oct emudhra to Launch R&D Centre in Bangalore for Blockchain Technology Block Tribune, 10 Oct emudhra to Setup Blockchain R&D Center in Bangalore Computerworld, 10 Oct emudhra to launch R&D centre in Bangalore to develop Blockchain technology for smart cities CIO, 10 Oct emudhra to launch R&D centre in Bangalore to develop Blockchain technology for smart cities Enterprise IT World, 10 Oct emudhra to experiment with Blockchain at new R&D centre in Bangalore CIOL, 10 Oct emudhra to launch R&D centre in Bangalore to develop Blockchain-based tech

2 emudhra launches R&D centre for Blockchain based solutions, ET Bangalore based emudhra, a certifying authority which issues digital signature certifi-cates in India has launched an R&D centre for development of technology solutions and products based on the premise of Blockchain. The digital identity player has built this R&D centre in Bangalore and plans to introduce solutions to help different industry verticals in need of identity verification and authenti-cation for financial transactions. There is a roadmap to hire about 100 people for the same. In an interaction with ET, V. Srinivasan, Chairman, emudhra, says that they are working on a hybrid model to secure transactions with Blockchain and streamline ID verification while using Aadhaar or other forms of ID s by storing ID verification records on a Blockchain thereby automatically creating a shared registry that can be leveraged by other relying parties. "By allowing esign or digital signature based smart contract creation on Blockchain, it will result in verifiable identities and legal non-repudiation to the transaction. It will also help in storing smart contracts on digital locker running on a Blockchain." Ins pite of Blockchain not being considered as a legal platform in India, Srinivasan points out that blockchain implementation is not limited to cryptocurrencies and is primarily for the distributed tamper-resistant transaction framework. "There will be some challenges in implementation to existing use cases, which our R&D centre is working on. But legal policy change may not be necessary for the implementation of the Blockchain." The emudhra team also plans to use Blockchain based platform to create solutions for smart cities in India. The digitization of records on the Blockchain ensures administrative efficiency and drives stronger capabilities for urban planning. "In a smart city, Blockchain can also be critical in getting better access to public information and bring about a more accountable way of citizens participating in governance." The company also recently announced the launch of Aadhaar esign-based National Automated Clearing House (NACH) gateway to help large and small enterprises collect recurring payments from customers.

3 emudhra to Launch R&D Centre in Bangalore to Develop Blockchain Based Technology, BusinessWireIndia emudhra, a market leader in the secure digital identity and transaction management space, today announced the launch of an R&D center in blockchain related technologies to further enhance Blockchain based systems for Smart Cities. A Blockchain fundamentally deals with secure transactions using cryp-tographic keys and this development is in line with the company s mission to develop cutting edge technol-ogy that brings smarter governance for smart cities. The company also plans to introduce solutions that will help various industries which require identity verification and authentication in conducting transactions across smart cities. emudhra will also hire about 100 people to help accelerate efforts to bring about blockchain related solutions through its R&D center. On achieving this milestone, Mr. V. Srinivasan, Chairman, emudhra, said, We are already starting to see a lot of interest from Government and Financial Services on Blockchain. Investing in blockchain technology is a natural progression of things for emudhra. We deal with identity management every day and our expertise lies in simplifying a customers life while doing their financial transactions, ensuring full transpar-ency. The key features of our Blockchain platform is the ability to identify and digitally sign transactions on a Blockchain using e-kyc and esign. An integral part of Government of India s vision is to create Smart Cities that are model cities from a gover-nance perspective. The blockchain acts as an impenetrable shared ledger which can drive immense value to bring in accountability and transparency for private and public companies. The underlying technology can be used to record all communication between multiple parties, which in turn reduces the need for additional verifications and authentications, paper work, chances for forgery and importantly, digital storage of vital records that cannot be tampered. emudhra will look to work with the government and global technology companies in this regard. With an investment in a Blockchain solution, enormous benefits can be derived by developing smart contracts that can quickly verify identities, check creditworthiness, sign contracts and disburse money using existing payments infrastructure. Therefore, it significantly reduces the risk, costs and time consumed for both parties who enter into trade. emudhra will offer its Blockchain platform as a service - similar to esign, so the costs of adoption is significantly reduced for the transacting parties. The digitization of records on the blockchain ensures administrative efficiency and drives stronger capabil-ities for urban planning. In a smart city, blockchain can also be critical in getting better access to public information and bring about a more accountable way of citizens participating in governance. The company recently announced the launch of Aadhaar esign-based National Automated Clearing House (NACH) gateway to help large and small enterprises collect recurring payments from customers. About emudhra: emudhra is a technology, digital identity and transaction management company providing solutions which ease financial and statutory needs of consumers. emudhra was established in 2008 and is a Certifying Authority in India and Mauritius to issue Digital Signature Certificates. emudhra s current enterprise and consumer solutions include Digital Signature Certificates, esign, emsigner Paperless Office Solution, emas secure multifactor authentication for banks, emca for Digital Signature issuance and management and Prism Voice of Customer Analytics using Semantics.

4 emudhra to setup an R&D center for blockchain applications emudhra, one of the for esign service providers empanneled by the government and the UIDAI, will be launching an R&D center to explore various blockchain technologies for smart cities. The company will be hiring 100 people for the R&D center and develop solutions that will help various industries which require identity verification and authentication. emudhra is a KYC user agency (KUA) for the UIDAI and provides Aadhaar ekyc to perform e-signatures. The company added that it is looking to partner with government institutions for governance. Blockchain is the underlying technology for cryptocurrencies and bitcoins and distributed ledger where everyone in the system who has access to the blockchain knows exactly what is happening on each other s ends. Blockchains can be used to record all communication between multiple parties, which in turn reduces the need for additional verifications and authentications, paperwork, chances for forgery and digital storage of vital records that cannot be tampered. The interest in blockchains and smart contracts in increasing from governments. Earlier this week, the Andhra Pradesh government said that it will be implementing blockchains for land records in the state and assign a unique identification for the same. Smart contracts, a set of protocols that facilitate, verify, or enforce the negotiation of a contract. Smart contracts usually have a user interface which can emulate the logic of a contractual clause.they can also be used verify identities, check credit worthiness, sign contracts and disburse money using existing payments infrastructure. RBI s proof of concept Meanwhile, in January, the Reserve Bank of India s (RBI) research wing, the Institute for Development and Research in Banking Technology (IDRBT), concluded a proof of concept study using blockchains for trade finance applications. The proof of concept was run by the National Payments Corporation of India (NPCI), and banks like SBI, HDFC, Citibank and Deutsche Bank. The study had recommended banks set up and use the technology internally, followed by inter-bank adop-tion. The blockchain will also help set up a centralized KYC, cross-border payments, loan syndication, trade finance and capital markets applications.

5 emudhra to Launch R&D Centre in Bengaluru Bengaluru, Oct 10 (UNI) emudhra, a market leader in the secure digital identity and transaction management space, would launch an R&D centre in the city to develop blockchain related technologies to further enhance Blockchain based systems for Smart Cities. A Blockchain fundamentally deals with secure transactions using cryptographic keys and this development is in line with the company s mission to develop cutting edge technology that brings smarter governance for smart cities. The company also plans to introduce solutions that will help various industries which require identity verification and authentication in conducting transactions across smart cities. emudhra will also hire about 100 people to help accelerate efforts to bring about block-chain related solutions through its R&D centre, a company release here today said. Mr V Srinivasan, Chairman, emudhra, said a lot of interest from Government and Finan-cial Services on Blockchain was being witnessed. Investing in blockchain technology was a natural progression of things for emudhra. ''We deal with identity management every day and our expertise lies in simplifying a customers life while doing their financial transactions, ensuring full transparency. The key features of our Blockchain platform is the ability to identify and digitally sign transactions on a Blockchain using e- KYC and esign''. news/ html

6 emudhra to Launch R&D Centre in Bangalore for Blockchain Technology emudhra announced the launch of an R&D center in blockchain related technologies to further enhance Blockchain based systems for Smart Cities. A Blockchain fundamentally deals with secure transactions using cryptographic keys and this development is in line with the company s mission to develop cutting edge technology that brings smarter governance for smart cities. The company also plans to introduce solutions that will help various industries which require identity verification and authentication in conducting transactions across smart cities. emudhra will also hire about 100 people to help accelerate efforts to bring about blockchain related solu-tions through its R&D center. On achieving this milestone, Mr. V. Srinivasan, Chairman, emudhra, said, We are already starting to see a lot of interest from Government and Financial Services on Blockchain. Investing in block-chain technology is a natural progression of things for emudhra. We deal with identity manage-ment every day and our expertise lies in simplifying a customers life while doing their financial transactions, ensuring full transparency. The key features of our Blockchain platform is the abili-ty to identify and digitally sign transactions on a Blockchain using e-kyc and esign. An integral part of Government of India s vision is to create Smart Cities that are model cities from a governance perspective. The blockchain acts as an impenetrable shared ledger which can drive immense value to bring in accountability and transparency for private and public compa-nies. The underlying technology can be used to record all communication between multiple parties, which in turn reduces the need for additional verifications and authentications, paper work, chances for forgery and importantly, digital storage of vital records that cannot be tam-pered. emudhra will look to work with the government and global technology companies in this regard. With an investment in a Blockchain solution, enormous benefits can be derived by developing smart contracts that can quickly verify identities, check credit worthiness, sign contracts and disburse money using existing payments infrastructure. Therefore, it significantly reduces the risk, costs and time consumed for both parties who enter into trade. emudhra will offer its Block-chain platform as a service similar to esign, so the costs of adoption is significantly reduced for the transacting parties. The digitization of records on the blockchain ensures administrative efficiency and drives stron-ger capabilities for urban planning. In a smart city, blockchain can also be critical in getting better access to public information and bring about a more accountable way of citizens participating in governance. The company recently announced the launch of Aadhaar esign-based National Automated Clearing House (NACH) gateway to help large and small enterprises collect recurring payments from customers. - technology/

7 emudhra to Create Blockchain R&D Center in Bangalore emudhra will establish a research and development (R&D) center in Bangalore, India to explore various blockchain technologies for smart cities. The R&D center will be hiring 100 people to develop solutions that will help various industries which require identity verification and authentication. emudhra is also looking to partner with government institutions for governance. emudhra is a technology, digital identity, and transaction management company provid-ing solutions which ease financial and statutory needs of consumers. The company is a certifying authority licensed by the Controller of Certifying Authorities under the Govern-ment of India. emudhra caters to all kinds of subscribers who use digital certificates for income tax, MCA (ROC), tenders, foreign trade, banking, railways and many other needs. Last month, emudhra launched Aadhaar esign-based National Automated Clearing House (NACH) gateway with National Payments Corporation of India (NPCI) which aims to help large and small enterprises to collect recurring payment instructions from cus-tomers without the need for submitting physical forms. The solution aims to facilitate paperless electronic transactions which are repetitive and periodic in nature simplifying activation time for all parties, remove geographical barri-ers and bring about efficient banking for the customers. emudhra chairman V. Srinivasan said they are already starting to see a lot of interest from government and financial services on blockchain. Investing in blockchain technology is a natural progression of things for emudhra, said Srinivasan. We deal with identity management every day and our expertise lies in sim-plifying a customers life while doing their financial transactions, ensuring full transpar-ency. The key features of our blockchain platform is the ability to identify and digitally sign transactions on a blockchain using e- KYC (know your customer) and esign.

8 COMPUTERWORLD emudhra to launch R&D centre in Bangalore to develop Blockchain technology for smart cities emudhra, a market leader in the secure digital identity and transaction management space, announced the launch of an R&D center in blockchain related technologies to further enhance Blockchain based systems for smart cities. A Blockchain fundamentally deals with secure trans-actions using cryptographic keys and this development is in line with the company s mission to develop cutting edge technology that brings smarter governance for smart cities. The company also plans to introduce solutions that will help various industries which require identity verification and authentication in conducting transactions across smart cities. emudhra will also hire about 100 people to help accelerate efforts to bring about blockchain related solu-tions through its R&D center. On achieving this milestone, V. Srinivasan, chairman, emudhra, said, We are already starting to see a lot of interest from government and financial services on blockchain. Investing in block-chain technology is a natural progression of things for emudhra. We deal with identity management every day and our expertise lies in simplifying a customers life while doing their financial transactions, ensuring full transparency. The key features of our blockchain platform is the ability to identify and digital-ly sign transactions on a Blockchain using e-kyc and esign. An integral part of government of India s vision is to create smart cities that are model cities from a governance perspective. The blockchain acts as an impenetrable shared ledger which can drive immense value to bring in accountability and transparency for private and public companies. The underlying technology can be used to record all communication between multiple parties, which in turn reduces the need for additional verifications and authentications, paper work, chances for forgery and importantly, digital storage of vital records that cannot be tampered. emudhra will look to work with the government and global technology companies in this regard. With an investment in a Blockchain solution, enormous benefits can be derived by developing smart contracts that can quickly verify identities, check credit worthiness, sign contracts and disburse money using existing payments infrastructure. Therefore, it significantly reduces the risk, costs and time consumed for both parties who enter into trade. emudhra will offer its Block-chain platform as a service - similar to esign, so the costs of adoption is significantly reduced for the transacting parties. The digitization of records on the blockchain ensures administrative efficiency and drives stron-ger capabilities for urban planning. In a smart city, blockchain can also be critical in getting better access to public information and bring about a more accountable way of citizens participating in governance. The company recently announced the launch of Aadhaar esign-based National Automated Clearing House (NACH) gateway to help large and small enterprises collect recurring payments from customers.

9 CIO emudhra to launch R&D centre in Bangalore to develop Blockchain technology for smart cities The company also plans to introduce solutions that will help various industries in conducting transactions across smart cities emudhra, a market leader in the secure digital identity and transaction management space, announced the launch of an R&D center in blockchain related technologies to further enhance Blockchain based systems for smart cities. A Blockchain fundamentally deals with secure trans-actions using cryptographic keys and this development is in line with the company s mission to develop cutting edge technology that brings smarter governance for smart cities. The company also plans to introduce solutions that will help various industries which require identity verification and authentication in conducting transactions across smart cities. emudhra will also hire about 100 people to help accelerate efforts to bring about blockchain related solu-tions through its R&D center. On achieving this milestone, V. Srinivasan, chairman, emudhra, said, We are already starting to see a lot of interest from government and financial services on blockchain. Investing in block-chain technology is a natural progression of things for emudhra. We deal with identity manage-ment every day and our expertise lies in simplifying a customers life while doing their financial transactions, ensuring full transparency. The key features of our blockchain platform is the abili-ty to identify and digitally sign transactions on a Blockchain using e-kyc and esign. An integral part of government of India s vision is to create smart cities that are model cities from a governance perspective. The blockchain acts as an impenetrable shared ledger which can drive immense value to bring in accountability and transparency for private and public companies. The underlying technology can be used to record all communication between multiple parties, which in turn reduces the need for additional verifications and authentications, paper work, chances for forgery and importantly, digital storage of vital records that cannot be tampered. emudhra will look to work with the government and global technology companies in this regard. With an investment in a Blockchain solution, enormous benefits can be derived by developing smart contracts that can quickly verify identities, check credit worthiness, sign contracts and disburse money using existing payments infrastructure. Therefore, it significantly reduces the risk, costs and time consumed for both parties who enter into trade. emudhra will offer its Block-chain platform as a service - similar to esign, so the costs of adoption is significantly reduced for the transacting parties. The digitization of records on the blockchain ensures administrative efficiency and drives stron-ger capabilities for urban planning. In a smart city, blockchain can also be critical in getting better access to public information and bring about a more accountable way of citizens participating in governance. The company recently announced the launch of Aadhaar esign-based National Automated Clearing House (NACH) gateway to help large and small enterprises collect recurring payments from customers.

10 emudhra to experiment with Blockchain at new R&D centre in Bangalore emudhra announced the launch of an R&D center in blockchain related technologies to further enhance Blockchain based systems for Smart Cities. A Blockchain fundamentally deals with secure transactions using cryptographic keys and this development is in line with the company s mission to develop cutting edge technology that brings smarter gov-ernance for smart cities. The company also plans to introduce solutions that will help various industries which require identity verification and authentication in conducting transactions across smart cities. emudhra will also hire about 100 people to help accelerate efforts to bring about blockchain related solutions through its R&D center. On achieving this milestone, V. Srinivasan, Chairman, emudhra, said, We are already starting to see a lot of interest from Government and Financial Services on Blockchain. Investing in blockchain technology is a natural progression of things for emudhra. We deal with identity management every day and our expertise lies in simplifying a custom-ers life while doing their financial transactions, ensuring full transparency. The key features of our Blockchain platform is the ability to identify and digitally sign transactions on a Blockchain using e-kyc and esign. An integral part of Government of India s vision is to create Smart Cities that are model cities from a governance perspective. The blockchain acts as an impenetrable shared ledger which can drive immense value to bring in accountability and transparency for private and public companies. The underlying technology can be used to record all com-munication between multiple parties, which in turn reduces the need for additional veri-fications and authentications, paper work, chances for forgery and importantly, digital storage of vital records that cannot be tampered. emudhra will look to work with the government and global technology companies in this regard. With an investment in a Blockchain solution, enormous benefits can be derived by devel-oping smart contracts that can quickly verify identities, check credit worthiness, sign con-tracts and disburse money using existing payments infrastructure. Therefore, it signifi-cantly reduces the risk, costs and time consumed for both parties who enter into trade. emudhra will offer its Blockchain platform as a service similar to esign, so the costs of adoption is significantly reduced for the transacting parties. The digitization of records on the blockchain ensures administrative efficiency and drives stronger capabilities for urban planning. In a smart city, blockchain can also be critical in getting better access to public information and bring about a more accountable way of citizens participating in governance. The company recently announced the launch of Aadhaar esign-based National Automated Clearing House (NACH) gateway to help large and small enterprises collect recurring payments from customers.

11 emudhra to launch R&D centre in Bangalore to develop Blockchain-based tech ANGALORE, INDIA: emudhra today announced the launch of an R&D center in Bangalore to work in Blockchain-related technologies and to further enhance Blockchain-based systems for Smart Cities. A Blockchain fundamentally deals with secure transactions using cryptographic keys and this development is in line with the company s mission to develop cutting edge technolo-gy that brings smarter governance for smart cities. The digitization of records on the blockchain ensures administrative efficiency and drives stronger capabilities for urban planning. In a smart city, blockchain can also be critical in getting better access to public information and bring about a more accountable way of citizens participating in gover-nance. V. Srinivasan, Chairman, emudhra, said, We are already starting to see a lot of interest from Government and Financial Services on Blockchain. Investing in blockchain technol-ogy is a natural progression of things for emudhra. We deal with identity management every day and our expertise lies in simplifying a customers life while doing their financial transactions, ensuring full transparency. The key features of our Blockchain platform is the ability to identify and digitally sign transactions on a Blockchain using e-kyc and esign. The company also plans to introduce solutions that will help various industries which require identity verification and authentication in conducting transactions across smart cities. emudhra will offer its Blockchain platform as a service similar to esign, so the costs of adoption is significantly reduced for the transacting parties. emudhra will also hire about 100 people to help accelerate efforts to bring about block-chainrelated solutions through its R&D center.