NPCI and IISc Collaborate to Establish CoE for Blockchain and AI Research
| Event | Details |
|---|---|
| Partnership Announcement | National Payments Corporation of India (NPCI) partners with the Indian Institute of Science (IISc), Bangalore. |
| Objective | Establish the "NPCI-IISc Centre of Excellence (CoE) for Deep Tech Research & Development" to drive fintech innovation. |
| Focus Areas | - Scalable Blockchain Platforms: Addressing scalability challenges.- Multi-Modal Analytics over Fintech Data: Advanced analytics techniques for financial data. |
| Collaborative Efforts | Interdisciplinary faculty from five IISc departments will collaborate with NPCI researchers. |
| NPCI Overview | - Established in 2008.- Operates retail payments and settlement systems.- Key products: RuPay card, UPI, BHIM. |
| IISc Overview | - Established in 1909.- Premier institute for advanced scientific and technological research.- Recognized as an Institution of Eminence (IoE) by the Government of India. |