GVK’s Keshav Reddy bets big on India’s Digital Public Infrastructure with ID platform Equal

GVK scion Keshav Reddy together with Rajeev Ranjan on Tuesday introduced the launch of a platform that permits customers to securely and seamlessly share digital identities and paperwork by means of one-click. The platform — Equal, is inbuilt partnership with government-owned DigiLocker and public digital infrastructure India Stack.

It has about 10 lakh beta customers throughout lodge and co-working house check-ins, actual property transactions and verification for workers, mortgage and housing finance, insurance coverage declare, hospital check-ins, automobile buy, agriculture-related on-boarding, in line with a launch.

“Equal stores all personal identifiable information and data in a data vault, and uses tokenisation to enable further level of security. To ensure utmost protection, military-grade encryption is implemented, safeguarding the information from unauthorized access,” Reddy stated.

Reddy serves because the board member of Reddy Ventures, Aragen Life Sciences and the healthcare basis GVK EMRI.

He added that the platform makes use of the identical stage of safety as banks or bank card firms and additional ensures all safety measures endure testing by unbiased companies.

While the corporate envisions buying 100 million customers throughout current use-case sectors and white collar to blue collar staff, farmers, debtors and customers, as for his or her worldwide enlargement plans they “remain committed to building only for the 1.4 billion Indians at this point of our journey.”

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