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upGrad • 1y
UPI system is a layered one. First thing is aadhar i.e. identification layer. Kindly note that aadhar was introduced in 2009 and UPI was launched in 2016. So there is around 7 years time to develop the tech post you have ground ready. Aadhar like system will never be implemented in USA as they are paranoid about privacy and they will never give fingerprint and retina scan to govt.
Tech guy with a busi... • 4m
Super.money dropped in July 2024, backed by Flipkart—and didn’t take long to shake up the UPI game. Fast forward to Feb 2025, and it’s already sitting at #5 among third-party UPI apps with 139M+ transactions and 0.86% market share. Not bad for the n
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Dexter Capital Advisors • 1y
India beating Brazil to build a UPI for Peru is big for 3 reasons! 🇮🇳🙌 This is such a big and remarkable event. But, it’s sad we aren’t talking much about it. Let’s change that, and learn all about it! .. 1️⃣ Brazil also has a UPI-like real-ti
See MoreBe an entrepreneur, ... • 2m
A universal currency that completely replaces both physical and digital forms. Some ideas:- 1. Biometric/Physical Identity-Based Currency Idea: Each person's unique biological data (DNA, advanced fingerprint, retina/neural patterns) becomes their c
See MoreSoftware, Physics, P... • 5m
Everyone wants a seamless, instant digital payments system — until it fails. UPI processes over 580 million transactions daily, silently powering India’s cashless economy. But today’s outage was a stark reminder: even the most advanced systems are o
See MoreThatmoonemojiguy 🌝 • 3m
Startup Story 🌝 | The Man Who Sold Water in a Desert 2009. A man walks into a room full of VCs. His pitch? “I want to sell bottled water… for Rs. 20... on the streets of India.” They laugh. “Who’ll pay for something they can get free from a tap?”
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