Article: Data security: The paramount aspect of open banking

Access, API, Money, Open Decision-Support, Open Governance, Open Infrastructure

Data security: The paramount aspect of open banking

Open banking, a practice that provides third-party financial service providers an open access to consumer banking, transaction, and other financial data from banks and NBFCs through the use of application programming interfaces (APIs), has been rapidly catching up and is said to be the future of financial technology.

While this has several benefits, the innovation is also a high-risk practice as it involves sharing of and trading vast amounts of data. And while financial technology, over the past few years, seen tremendous growth in India, the Covid pandemic has facilitated a huge surge.

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Article: Github Announces Open Source Grants For Indian Developers; Will Offer A Total Sum Of Rs 1 Crore

Code, Free, Open Software, Open Source

Github Announces Open Source Grants For Indian Developers; Will Offer A Total Sum Of Rs 1 Crore

GitHub, has announced an Open Source Grants for Indian developers, where it will offer a total sum of Rs 1 crore to select developers. The program will support and fund open source maintainers and contributors in their work. Github will have a jury of three, including Amit Ranjan, who is currently Architect for the Digital Locker & OpenForge at the government of India, to select the best projects. Github, which is the world’s largest open source developer community platform, had set up an official entity in India last year.

“We had over 1.8 million developers who joined GitHub in India just over the past year, which brings the total to 5.8 million developers on the platform. When we extrapolate that forward, we’re hoping by our third anniversary of operating in dia, which is in February 2023, we will have more than 10 million developers on the platform from India,” Erica Brescia, Chief Operating Officer at GitHub told indianexpress.com.

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Article: What Trends Will Shape Fintech In India In 2021?

API, Money, Open Governance, Open Infrastructure

What Trends Will Shape Fintech In India In 2021?

“Financial Technology” or popularly known as  “FinTech” has come a long way from merely automating the delivery and use of financial services. Today Fintech has transformed and improved the entire financial sector by bringing out various innovative offerings across payments & transfers, financing & banking and capital markets & personal financial management.

India has also not been far behind,  today India is one of the largest FinTech Market with highest FinTech adoption rate of 87% in the globe. Especially after post-Covid, India, along with some of its global peers, has seen tremendous growth in FinTech.

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Article: At ₹3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21

Access, Energy, Open Provisioning

At ₹3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21

In its order notified last week, the Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85/kWh. This implies that for wind or solar generators that are regional entities and selling power under open access, which is not accounted for RPO compliance of obligated entities, and for captive power plants where PPAs do not exist, settlement shall be done at APPC determined at the national level. It is part of CERC’s remit to determine the APPC for settlement of charges at national level.

The APPC would be applicable during the financial year (FY) 2021-22 or until further orders for deviation settlement regarding open access and captive wind and solar generators fulfilling regional entities’ requirements.

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Article: Ushering in the age of greater data demand

Geospatial, Open Data

Ushering in the age of greater data demand

The availability of marine open data infrastructure has significant economic and societal potential for coastal nations to facilitate marine domain interoperability and the World Wide Web Consortium’s (W3C) best practices for marine spatial data publishing on the Web.

With the recent Indian directive on open data and the reuse of public sector information, IIC Technologies is ideally positioned to serve the Indian coastal and inland waterway segments in facilitating a continuous data capturing of spatial-temporal physical phenomena and human activities in coastal areas and riverbanks, doing the corresponding data analysis, and the decision- making for achieving continual improvement in the marine planning and management processes.

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Article: Global Open Source Services Market Research Report 2021- Coherentmarketinsights.com

Innovation, Open Source, Open Space

Global Open Source Services Market Research Report 2021- Coherentmarketinsights.com

The Global Open Source Services Market study offers important upgrades of industry, business scope, international competition also improvements research on revenue growth sectors. The report contains intelligence on the strategic activities of product scope, sales, mergers, acquisitions, and collaborations.

The major factors to drive the businesses are recent trends, technology, revenue, sales, price structure, business scope, and developing strategy analysis. In addition, the research provides a complex scenario on Abc Market Outlook 2021-Industry detailed analysis 2027. The objective of this report is to define, describe and forecast the different services across regions such as North America, Japan, China, Brazil, and India.

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Article: Government’s prioritisation of open source & cloud is paying off

Open Governance, Open Source, Standards

Government’s prioritisation of open source & cloud is paying off

Aadhaar and UPI are acknowledged to be path-breaking technolological successes and both have emerged from governmental institutions.But those are only the more well-known public projects.

The government has been at the centre of building a variety of scalable infrastructure using open source technologies. The Aarogya Setu contact-tracing app turned one on April 2, and it has already seen 17.5 crore downloads.

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Article: The tale of the Chinese citizen who makes pro-China edits to open-source maps of the Line of Actual Control

Geospatial, Open Data

The tale of the Chinese citizen who makes pro-China edits to open-source maps of the Line of Actual Control

OpenStreetMap.org is a project that creates and distributes free geographic data to the world. Major corporations like Facebook, Amazon, Apple, Microsoft, etc. utilize the services of OpenStreetMap (OSM).

It is a free and editable map of the world built up by volunteer users from around the world. Naturally, the editable nature of the map has led to some users propagating the strategic territorial interests of their own countries in the form of OSM edits, demarcating any disputed or non-disputed territory in favour of their own particular country.

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Article: India Emerges As Fastest Growing Country In World By Open Source Contribution

Code, Open Software

India Emerges As Fastest Growing Country In World By Open Source Contribution

GitHub has announced new programs for developers, students and startups in India at the GitHub Satellite India virtual event, kicking off today, attracting participants and speakers from across the country. The two-day virtual conference celebrates India’s vibrant developer community and innovative open source projects, with hands-on workshops and expert sessions.

India is home to GitHub’s third-largest community of developers and since GitHub officially launched its operations in India in February last year, the company has witnessed phenomenal growth in the country.

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Article: India emerges as the fastest growing country in the world by open source contribution

Code, Open Software, Open Source

India emerges as the fastest growing country in the world by open source contribution

GitHub has announced new programs for developers, students and startups in India at the GitHub Satellite India virtual event, kicking off today, attracting participants and speakers from across the country. The two-day virtual conference celebrates India’s vibrant developer community and innovative open source projects, with hands-on workshops and expert sessions.

India is home to GitHub’s third largest community of developers and since GitHub officially launched its operations in India in February last year, the company has witnessed phenomenal growth in the country. Over 1.8 million new developers have joined GitHub in India over the past year with the community in India now totalling 5.8 million developers.

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