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by Koremat6666
2352 days ago
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> This is the brainchild of Nandan Nilekani. He also developed UPI and Aadhaar. The former is amazing. The latter is... controversial at best. UPI is one of the shadiest thing ever. A non profit whose owners are unknown built a suite of technologies and UPI was one of them. I think they did not even build it, it was built by some for profit company and non profit was a front to pimp this idea to government. When India went through the horror show of demonetization the government forced all the banks (most of which I government owned) to implement UPI, these banks who can not develop a webpage without getting their panties in twist suddenly had UPI stack working for them within few weeks (India's largest bank is SBI and their homepage is named mypage.htm, they do not allow ' $ and " in their passwords because they are "hacking characters"). Some people who work with the non-profit Indiastacks were in bay area recently trying to earn some silicon valley creds to pimp this to African countries. UPI is great and works well but I am not sure the backstory is clean. |
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