India’s approach to national biometric ID applicable to ‘all economies’

BIS paper examines how India created digital financial infrastructure as a public good

India

India’s approach to creating national biometric identification systems could be replicated worldwide as a means of opening up financial services, a study by the Bank for International Settlements concludes.

The Aadhaar programme was the world’s first initiative to extend biometric ID to a whole population, write authors Derryl D’Silva, Zuzana Filkova, Frank Packer and Siddharth Tiwari. Aadhaar gives Indians a means of verifying their identity, and the system now underpins a whole “stack” of

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