Crypto can be Added to UPI and Aadhar

India can leave behind China and the US to emerge as a global leader for decentralised finance. It should enable cryptocurrency functionalities on existing digital platforms such as UPI and Aadhar. This is what Balaji Srinivasan, former CTO of Coinbase contends in his concept notes. This adding could solve for oversight risks, India can attract investments too. India can lead a movement of countries for decentralised crypto protocols. All these countries would benefit, but no country would control. Cryptos can be added to IndiaStock, a software built by Ispirt which allows organisations to across rails (Aadhar, Digilocker and UPI) in a separate blogspot. A crypto on IndiaStock can bridge the gap of India’s SME finance. Indian starts ups could get crypto crowdfunding. Indian students can get personal tokens.

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