Sandbox Entity

Product Description

Exto India Technologies Pvt. Ltd.  (Partner financial institutions: Transcorp International Ltd., Common Services Centre, YPay Card (Bitoodle Online Services Pvt. Ltd.))

The product is an offline digital payment solution which utilises Distributed Ledger Technology (DLT) in combination with private biometric authorisation to enable offline card-to-card and card-to-phone transactions. The innovation is related to use of cryptography of distributed ledgers, on-card biometric authentication and time limited balances to secure against double spend.