NPCI Forms New Unit to Push Into AI and Blockchain
India's payments regulator NPCI has formed a new unit to push further into artificial intelligence and blockchain technology. The move suggests the body wants these tools to play a bigger role in how payments work. The report shared no timeline, budget or product details.
Quick glossaryNPCI, blockchain
- NPCI
- National Payments Corporation of India, the body that runs UPI, India's popular instant payment system.
- blockchain
- A shared digital record kept across many computers so that entries are hard to change or fake.
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