The core principles of India Stack is to lower the cost of transactions so that 1.3 billion people get access to socially and economically important services.
NFTs, which have been largely seen as art and collectibles so far, will move to showcasing the power of this technology layer. From showing the utility in terms of access to events, movie premiers, special sessions, meeting your favorite actors and influencers, to providing economic returns by staking rewards, gaming rewards, NFTs will now start becoming the gateways to the Metaverse.
Stack created a set of open protocols or standards that are implemented by the institutions concerned. This has opened up the private sector to innovate in the case of authentication services such as Aadhaar, digital signing of a document, facilitating payments and sharing data with consent.
Such services have helped individuals and small businesses to transact in a paperless manner. These have also led to companies across financial, health, telecom creating new services using the core ..
Such services have helped individuals and small businesses to transact in a paperless manner. These have also led to companies across financial, health, telecom creating new services using the core ..
Updated 3 years ago
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