-The Economic Times The world’s oldest networked infrastructure, money, is increasingly dematerialising and fusing with the world’s latest networked infrastructure, the Internet. As the network effects compound, disruptive acceleration hurtle us towards financial utopia, or dystopia. Our fate depends on what we get right and what we get wrong with the law, code and architecture, and the market. The Internet, unfortunately, has completely transformed from how it was first architected. From a...

-The Telegraph New Delhi: The Centre on Tuesday told the Supreme Court that the mandatory linking of Aadhaar with bank accounts and PAN cards was intended to screen genuine tax payers from dishonest elements evading taxes. The government made the comments while trying to allay fears that people could be harassed for money-laundering offences. Appearing for the Centre and the Aadhaar-issuing Unique Identification Authority of India, additional solicitor-general Tushar Mehta told a five-judge...

-The Times of India NEW DELHI: Aadhaar is blind to the purpose of authentication as it only establishes identity and nothing more, Unique Identification Authority of India (UIDAI) CEO Ajay Bhushan Pandey told the Supreme Court on Thursday, countering apprehensions that Aadhaar would result in “virtual surveillance” of citizens. In the course of a Power-Point presentation, Pandey said Aadhaar was a tool to establish identity and was not an aggregator of...

-The Hindu Chief Justice Misra asks why people preferring anonymity are also compelled to part with their personal data to access services. The government has assured the Supreme Court that Aadhaar is not a “fly-by-night effort to score some brownie points” and personal data collected from millions of people is safe from breach in storage facilities barricaded behind five-feet thick walls. Appearing before a Constitution Bench led by Chief Justice of India Dipak...

-The Times of India NEW DELHI: The Centre on Wednesday will start countering a mountain of legal issues heaped against Aadhaar in the Supreme Court by numerous petitioners in the last two months, primarily focussing on violation of individual’s Right to Privacy through collection and storage of biometric data. During 19 days of arguments spanning two months since it began on January 17, senior advocates Shyam Divan, Kapil Sibal, P Chidambaram, Gopal...