Protean Launches its 1st World-wide Hackathon on Account Aggregator
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With the purpose to assist speed up the fiscal inclusion agenda for India & Bharat, to address for much more than 160 Million Indians who are credit underserved, according to a recent TransUnion Examine
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Winners get opportunity to participate and network at the prestigious Singapore Fintech Pageant
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Winners to be judged by distinguished sector leaders – Rajesh Bansal (Reserve Bank Innovation Hub), Abhishek Singh (NeGD), T Koshy (ONDC), Nitin Chugh (SBI), Suresh Sethi (Protean), constituting the grand jury
With the purpose to assist speed up the fiscal inclusion agenda for India & Bharat, to address for much more than 160 Million Indians who are credit underserved, according to a recent TransUnion Examine
Winners get opportunity to participate and network at the prestigious Singapore Fintech Pageant
Winners to be judged by distinguished sector leaders – Rajesh Bansal (Reserve Bank Innovation Hub), Abhishek Singh (NeGD), T Koshy (ONDC), Nitin Chugh (SBI), Suresh Sethi (Protean), constituting the grand jury
Protean eGov Systems (Protean), a pioneer and current market chief in universal, citizen-centric and populace-scale e-governance alternatives, now announced the start of its 1st International Hackathon – Account Aggregator 2. at the prestigious Worldwide Fintech Fest 2023, held in Mumbai.
Protean launches its 1st Worldwide Hackathon on Account Aggregator
The most important target to start this World wide hackathon is to simply call for entries from the world’s most effective imaginative minds, like developers, architecture designers, startups, entrepreneurs, and industry experts, to collaborate on floor-breaking remedies that can speed up the adoption of the Account Aggregator ecosystem, serving to it obtain its probable as a transformative Digital General public Infrastructure (DPI) that India receives to offer to the entire world.
Esteemed marketplace gurus – Rajesh Bansal (CEO, Reserve Financial institution Innovation Hub), Abhishek Singh (President & CEO – Countrywide e-Governance Division), T Koshy (CEO, Open Community for Digital Commerce), Nitin Chugh (Deputy Controlling Director and Head of Electronic Banking and Transformation, Point out Bank of India) and Suresh Sethi (MD & CEO, Protean eGov Technologies) represent the Grand Jury and lend abilities and reliability to this initiative.
Winners from just about every of the 4 themes of the hackathon will get an special chance to take part and community at the prestigious Singapore Fintech Competition in November this calendar year.
This world wide hackathon start coincides with the go-live of Protean’s Account Aggregator solutions (Protean SurakshAA) not too long ago, with India’s major FIPs and FIUs. Protean SurakshAA is the best rated account aggregator app in India on the Google and Apple appstores nowadays.
Suresh Sethi, Handling Director and CEO, Protean eGov Technologies said, “We are thrilled to start Protean’s 1st Worldwide Hackathon – Account Aggregator 2. to push adoption and foster innovation at inhabitants-scale. With this launch we hope to carry together industrys authorities & the startup ecosystem together to support usher an era of data democracy. The AA framework is a initially-of-its-kind consent framework empowering an individual with handle above his or her information, and the potential to securely share the very same for availing a variety of economical services. Protean has been at the forefront of developing Digital Public Infrastructure for India for 28 years and we keep on to continue to be commited to our mission of financial & social inclusion.”
India faces a pronounced deficiency in capital accessibility throughout different sectors of culture. Investigation done by TransUnion CIBIL in 2021 unveiled that much less than 22% of the grownup population experienced entry to credit rating expert services in the place. Irrespective of substantial progress in maximizing money inclusion as a result of the JAM (Jan Dhan, Aadhaar, and Mobile) initiative, securing formal credit score for rural and lower-profits households continues to be a formidable obstacle.
Protean’s World wide Hackathon – Account Aggregator 2. is poised to tackle a range of significant troubles and opportunities in the financial landscape. It will concentration on building affordable Monetary Overall health Administration alternatives, enabling persons from numerous segments of culture to obtain and regulate their financial perfectly-being without having incurring exorbitant prices. It also aims to increase the performance of delivering governing administration techniques by leveraging the abilities of the Account Aggregator ecosystem, ensuring that suitable beneficiaries get their entitlements seamlessly. In addition, the initiative endeavours to revolutionize credit assessment by the development of more exact and predictive credit rating scoring styles and chance indicators, so contributing to sounder money choice-building.
Protean is delighted to spouse with the APIX hackathon system for this hackathon, which is an close-to-conclude on the internet platform for World Hackathons.
For even further information about the hackathon, which includes participation particulars and guidelines, make sure you pay a visit to:
hackolosseum.apixplatform.com/h1/proteansurakshaa
About Protean
Protean eGov Systems Constrained (formerly NSDL e-Governance Infrastructure Minimal) is a pioneer and Market place chief in universal, citizen centric and population scale e-governance solutions because its inception 28 many years in the past.
Digital Community Infrastructure – Protean has been instrumental for modernising the direct Tax Infrastructure ushering in on the net payment and collection of taxes by the federal government and incubated and applied the Tax Information Network (TIN), which brings with each other 68,000+ facilitation centres (PAN and TIN). Protean conceptualized designed and executed the infrastructure for Central File-trying to keep Company and capabilities as the central recordkeeping agency for National Pension System & Atal Pension Yojna.
Regulatory Tech – Proteans authentication solutions (eKYC, Aadhar Authentication, eSign) will allow governments, firms, startups and developers to utilise a unique electronic infrastructure for their digital client journeys. Protean also not long ago launched its Account Aggregator solutions by Protean SurakshAA – an individual consent led economic details sharing Account Aggregator platform enabling them with credit score services.
Open Networks / ODEs – Protean is contributing to and supporting open up electronic making blocks, like Open Network For Electronic Commerce (“ONDC“), accelerating commerce for the network contributors and payment gateways by means of its solution. It is also credited with creating network for corporate scholarship, grants and schooling financial loans as a result of Protean Vidyasaarathi & Vidya Lakshmi.
It a short while ago ventured into India-focussed Protean Cloud Companies an AI-run private cloud supplying for business enterprises and Protean InfoSec Providers Restricted provides companies in areas relating to cyber stability consulting, advisory, and evaluation services in the discipline of IT protection.
Disclaimer
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