IIT Kanpur NPCI Join Hands for Sharing Knowledge and Collaboration, Details Here

IIT Kanpur NPCI: The Indian Institute of Technology (IIT), Kanpur, and NPCI have together signed an agreement to share knowledge. IIT Kanpur and the National Payments Corporation of India (NPCI) have also agreed to join hands for innovative ideas. They are also collaborating on the development of indigenous digital payment solutions.

The institute said that this collaboration will help the NPCI to have control by increasing cybersecurity. It also gives control of its subsidiaries’ products and services. A wide array of collaborations between NPCI and IIT Kanpur will precipitate the MoU.

Words from IIT Kanpur (NPCI)

The eminent faculty members will conduct deep informative sessions with this collaboration. They will also be delivering lectures for NPCI personnel on Artificial Intelligence (AI), Security Product Roadmaps, Cybersecurity, and Distributed Ledger Technologies (DLT). On the other hand, NPCI will offer lots of internships to the students on different projects. They will offer internships to Kanpur students. Students will gain valuable experience working on live projects at NPCI.

It said that, the knowledge of IIT Kanpur students is domain centric. Their expertise will help NPCI in expeditiously executing the ever-evolving requirements of consumer-oriented offerings.

Words from the Director of IIT Kanpur Abhay Karandikar

Abhay Karandikar is the director of IIT Kanpur. He said that IIT Kanpur is always at the forefront of innovative solutions and developing secure storage of data and digital transactions. The institute stores a C3i Hub dedicated to developing cyber physical systems and cyber security solutions. The collaboration with NPCI will strengthen the goal of achieving a holistic cyber secure ecosystem for the country. The association will cover the best of both institutions in developing a tough digital payment system. However, it will also make way for opportunities for multi-disciplinery research.

Words from Antony Prakash

Antony Prakash, the Chief Information Security Officer (CISCO), said that the NPCI is committed to building a tough digital payment infrastructure. They are creating unique offerings for a seamless payment system. They are providing IIT-K and NPCI an excellent opportunity to develop advanced technical solutions. This will give customers with a safer and more convenient payment experience.

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Words from Professor Sandeep K Shukla

Professor Sandeep K Shukla said that IIT Kanpur is making way for critical research in cyber security. They are making developments in digital data privacy. In recent years, IIT Kanpur has developed several multi disciplinary cyber security initiatives and is blockchain-based. The association with NPCI is more holistic in nature and will secure collaborative research initiatives in the future.

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