Microsoft to introduce Skype with Aadhaar authentication for banking 

Initiating a big step in the field of cloud computing, Microsoft Corporation will soon launch Skype with Aadhaar authentication to allow access to bank accounts using webcam.

Reportedly, the US technology giant is all set to bring cloud and world class artificial intelligence (AI) technologies to India. Use of this technology will  help in cutting the expenses and remove frictions, reported The Times Of India.

“Data is clearly the new currency, whether it’s industry, education or the public sector. The function is not just collecting data but drawing insights from it,” said Satya Nadella ,  Chief Executive Officer (CEO), Microsoft.

“We are also working with the India Stack in a very strategic way. So when we bring in our cloud, it is not just about our cloud, but about how does it compose or work with and integrate with the India Stack,” he added.

“We in fact are going to launch Skype with Aadhaar authentication. So, you can as a consumer now not only use Skype but you can in fact use Skype to access whether it is bank accounts, or it is the ration shop or anything else because of the ability to have the India Stack come to their work right in Skype.”

Nadella said State Bank of India (SBI) is moving to cloud. “As a regulated entity this is I think a very big milestone for them to adopt the cloud, bring the next level of productivity tools for all employees of the bank and how they in fact work with their customers. So, that is another big initiative,” he said.

The building of unique identification Aadhaar infrastructure is a vision of going from presence less to paperless, he added.

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