eMudhra: Business Transformation Represented by Digital Signature and Paperless Transactions
Biometrics and digital identity are often perceived as threats to privacy and security. However, taken together these technologies have the potential to improve privacy, increase personal data control, and shift power relative to the monetization of consumer data. Ever since its inception in 2008, Bangalore headquartered eMudhra Limited has been working towards helping businesses realize the credibility of digital identity. The company is primarily a Certifying Authority licensed by Controller of Certifying Authorities, under Government of India. eMudhra offers products and solutions in the field of digital identity and transaction management providing cutting-edge solutions to ease out financial, statutory and security needs of the customer.emSigner and Blockchain Advancements
With eMudhra’s technically advanced solutions leveraging eSign technology, banking and financial institutions enjoy safe, quick and legally valid electronic customer on-boarding process. This approach eliminates paperwork, thereby driving increase in operational efficiency, faster turn-around-time in business processes which leads to better customer experience. eMudhra’s paperless office solution emSigner offers intuitive configurable workflows for HR, legal, finance, customer on-boarding that allow multi-party signatures, bulk signing, encryption and a whole host of other features for end to end digital contracts to make entire processes paperless. Along the same dilemma of identity chaos, with more transactions happening over the time, in cases where people didn’t know each other, identification and authentication has become a very important part of the process. As a well-established fact, Blockchain is a development around same direction, where it fundamentally deals with securing transactions using cryptographic keys.
It lets two different people to put different transactions into a block which cannot be tampered bringing in a whole new level of transparency. eMudhra is investing heavily into R&D on Blockchain for a variety of use cases across Banking, Smart Cities, and eGovernance. “We’re working with the NPCI and various central and state government bodies to help simplify payments and bring digital inclusiveness”, adds Biju Varghese, Head- Enterprise Security Solutions, eMudhra Limited.
Moreover, eMudhra’s Big Data Analytics platform, emStream helps organizations harness their data and use it to identify new opportunities. This digital identity enabler uses the speed of Apache Spark leveraging its in-memory analytics. With the new ability to analyze new sources of data, businesses are able to analyze information immediately – and make decisions based on what they’ve learned. With the help of eMudhra’s Gartner recognized big data analytics suite, focus is laid on achieving timely insights to make decisions about passing opportunities, get precise answers for complex problems and reveal new growth opportunities – all while using IT resources more effectively.
As an expert Certifying Authority, eMudhra became the first eSign Service Provider in India. With this enablement, over 1 billion citizens of India can sign any document on the fly. This has seen large scale adoption in e-Governance, banking, insurance, capital markets, and healthcare, which is expected to enable paperless, presence less transformation, in other words, Digital Transformation.
Big Data Analytics Platform
eMudhra is investing heavily into R&D on Blockchain for a variety of use cases across Banking, Smart Cities, and eGovernance
Moreover, eMudhra’s Big Data Analytics platform, emStream helps organizations harness their data and use it to identify new opportunities. This digital identity enabler uses the speed of Apache Spark leveraging its in-memory analytics. With the new ability to analyze new sources of data, businesses are able to analyze information immediately – and make decisions based on what they’ve learned. With the help of eMudhra’s Gartner recognized big data analytics suite, focus is laid on achieving timely insights to make decisions about passing opportunities, get precise answers for complex problems and reveal new growth opportunities – all while using IT resources more effectively.
As an expert Certifying Authority, eMudhra became the first eSign Service Provider in India. With this enablement, over 1 billion citizens of India can sign any document on the fly. This has seen large scale adoption in e-Governance, banking, insurance, capital markets, and healthcare, which is expected to enable paperless, presence less transformation, in other words, Digital Transformation.
