On May 17, 2023, Sharad Sharma, iSPIRT Foundation, presented at Connection Science of MIT Media Lab and Global Enlightenment Mountain (GEM) with the topic “India Stack: What it is? Its relevance to Digital Economy?” MIT professor Alex Sandy Pentland, co-founder of the Global Enlightenment Mountain (GEM), was the moderator.
Sharad highlighted:
Digital Public Infra (DPI) = India Stack + Open Networks
India Stack, Foundational Digital Public Infrastructure:
– Flow of information
Low digital transaction cost, Personal Data & Training Data
– Flow of people
– Flow of money
Societal Benefits:
1) Creation of New Market Ecosystems
aka Open Networks:
– Open Credit Enablement Network (OCEN)
– Open Health Services Network (OHSN) aka UHI
– Open Network for Digital Commerce (ONDC)
2) Reform of Social Service
Direct Benefits Transfer, CoWIN
3) Delivers Inclusion
The Global Enlightenment Mountain (GEM) supports and coordinates India Stack.