We all use paper in our day to day life for various purposes. The cons of using physical paper ,in today’s day and age definitely outweigh the pros. Firstly , 90% of the paper that is used is rendered redundant sooner or later and most of this volume ends up in landfills . The important documents that make way to our lockers entail the risk of being lost .
India Stack is one platform which provides a solution to replace physical paper in an efficient and effective manner . They build mobile or web front apps. One can store all the physical papers in digital format by linking the Aadhaar number with bills, medical report, prescription etc.
We need not carry cash anymore by simply maintaining the online wallet application. India Stack’s solution of UPI payment system is linking the bank accounts with the Aadhaar number. As per the government rules all Indian citizens have to associate their bank account with Aadhaar number. UPI enables citizens to carry out their transactions smoothly by just remembering one Email ID and password.
The above initiatives require our co-operation to make a huge difference not only to ecology but also towards transitioning India to a digital economy .
Pace Wisdom Solutions Pvt. Ltd.
Posted By :Pace Wisdom