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Offline Aadhaar heralds a digital-age KYC process, but stops just short of making a complete shift

Grey areas remain in conducting KYC with offline Aadhaar — the inherent risk of several identical files floating around; the hardware and software required to read the files; and the need to share the digital file and the share code with intermediaries.
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wriju113
25 Mar 2019 4 Mins Read 1 comments
A Niti Aayog employee marks her attendance through an Aadhaar-based system in New Delhi. Getty Images
A Niti Aayog employee marks her attendance through an Aadhaar-based system in New Delhi.
If the Supreme Court’s Aadhaar judgment on September 26 last year shocked the industry into silence, the Aadhaar and Other Laws (Amendment) Ordinance, has given it a new lease of life. However, questions remain on how Aadhaar can be unshackled and its use permitted beyond government subsidies, bank accounts, and telecom. One of the ways this might happen
is possible to instantly read and verify digital ID cards and confirm that an Aadhaar holder is present. Aadhaar XML is now compelling regulators to recognise this and adapt the regulations accordingly. ( Wriju Ray is co-founder and chief business officer at IDfy, one of world’s top 100 companies in regulatory technology (REGTECH 100); Twitter handle: @wriju_ray)
If the Supreme Court’s Aadhaar judgment on September 26 last year shocked the industry into silence, the Aadhaar and Other Laws (Amendment) Ordinance, has given it a new lease of life. However, questions remain on how Aadhaar can be unshackled and its use permitted beyond government subsidies, bank accounts, and telecom. One of the ways this might happen is possible to instantly read and verify digital ID cards and confirm that an Aadhaar holder is present. Aadhaar XML is now compelling regulators to recognise this and adapt the regulations accordingly. ( Wriju Ray is co-founder and chief business officer at IDfy, one of world’s top 100 companies in regulatory technology (REGTECH 100); Twitter handle: @wriju_ray)

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