NXP Semiconductors is working with Glodyne Technoserve, a technology service
provider of the Indian State Government of Bihar, to rural communities with
access to banking and social welfare facilities.
Residents of Bihar can use the SmartMX-based e-Shakti card as their identity
card, employment card, and bank card.
The e-Shakti transformation project aims to improve the purchasing power of
Bihar’s large rural population, to stimulate the rural economy and to further
develop the Bihar region.
Using an end-to-end solution based on cutting edge technologies such as NFC,
government officials can register participants as they arrive at work and pay
wages directly into their newly created bank accounts — bringing banking to
Using secure handheld terminals, bank clerks can set up virtual banks in even
the most rural areas, providing access to full banking services and eliminating
the cost and effort required to set up physical branches.
The terminals are equipped with NXP’s NFC technology, integrated biometrics,
and GPRS and GPS technologies to connect directly to the bank’s central server.
The NFC reader built into the terminals authenticates the user via their contactless
SmartMX-based card while biometric data stored on the chip provides an
additional level of security.
India’s e-Shakti scheme is an example of the added-value NXP’s advanced
multi-application ID solutions can bring to millions of people.
“Our ID technology offers a secure, robust and convenient way for the
residents of rural Bihar to identify themselves. In doing so, they gain access
to a multitude of services accessed on a daily basis by those living in
cities,” said Steve Owen, vice president, global sales Identification, NXP
Multiple application schemes are enabled by NXP’s advanced SmartMX technology
that is specifically designed for running different applications on a single
chip, without compromising on convenience, performance or design productivity.
“To implement this project, Glodyne has partnered with technology
providers who deliver high quality, efficient and best-in-class solutions.
Basing card and banking terminals on contactless technology offers numerous
benefits,” said Binod Mishra, senior vice president and project director
at Glodyne Technoserve.
In addition to the e-Shakti project, eGovernance is high on the agenda of the
Indian government. NXP is involved in several of the country’s eGovernment ID
projects, including the National ID card and electronic driving license
schemes. The e-Shakti scheme complies with the National Rural Employment
Guarantee Scheme (NREGS), which guarantees 100 days of paid work a year to
unskilled manual workers.
“With approximately 100 million citizens, Bihar is the third most
populated state in India, with 85 per cent of people living in rural areas. The
e-Shakti scheme is a groundbreaking project that ties in closely to the Indian
Central Government’s desire to promote financial inclusion for the entire
population of India,” said Ajesh Kapoor, director, NXP Semiconductors.
By Telecomlead.com Team