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5G Use Cases Lab for BFS-Meeting


× Welcome!!! Prof. D Janakiram Director IDRBT

Advisory Committee Meeting 5G Use Cases Lab for BFS


Date:November 4, 2021

Time:10:00 AM - 4:00 PM ET

Advisory Committee Members:

  • Prof. Abhay Karandikar – IITK

  • Dr. Aloknath De – Samsung

  • Mr. Abhijit Chakravarty – Axis Bank

  • Mr. Arif Khan – NPCI

  • Mr. Kulin Thaker – Kotak Bank

  • Mr. Sunil Soni – PNB

  • Mr. Pankaj Pandey – SBI General Ins.

  • Mr. Saurabh Shukla – B

  • Prof. D Janakiram – Director IDRBT

  • Prof. VN Sastry – Principal Investigator

  • Mr. S Lalit Mohan

  • Dr. Abhishek Thakur

  • Dr. N P Dhavale

  • Dr. N V Narendra Kumar

  • Ms. P Mrudula

    • Verticals Use Case Lab Model :

    Customer Validation

    • Vertical - reluctant to rely on MNOs for core business propositions
    • Hesitant to include network operations in their business processes
    • Communication and knowledge gap between potential customer demand and provider solutions

    Alignment

    • 5G may transformation of the complete value system of the telecom and vertical industries
    • Mapping of contributing stakeholders to deliver a solution can be more complex

    Business Model

    • Complexity of existing and new supply chains
    • Transformation of their current business activities (regulatory or competition specific)

    Trajectory

    • Complexity of existing and new supply chains
    • Economic evaluation of solutions uncertain

    5G Use Cases Lab for Verticals

      1. BFS is the first funded lab by DoT
        • Smart grids / agri / rail are being planned
      2. Significant worldwide efforts
        • Industry 4.0
        • Automotive to supply-chain
        • Smart cities / smart agriculture
        • Healthcare

    Project Objectives :

    ( From Banking and Financial Services : 5G Use Cases Lab (5G UCL))

      Vision:

      • Enable Banking and Financial Services to Exploit technologies on 5G and beyond

      Targets:

      • Develop, Demonstrate and Pilot 5G Use Cases
      • Nurture start-ups to implement Use Cases
      • Identify security gaps and propose a secure 5G environment.
      • Leverage existing 5G resources and test beds from industry, research and academic institutions
      • Set up 5G Experience Lab to demonstrate the use cases
      • Create 5G knowledge repository and conduct related training/awareness programs.

    Survey:

    • 5G Use Cases for Banking:



      • Participants of the Survey

      ( Conducted on August 20 )

      • Public, Private, Co-operative Banks
      • IT Head/CIO/CDO – 65%
      • CISO/Security Experts – 35%

    • 3G&4G - Major Services

      • eKYC: electronic Know Your Customer,

    • Challenges with the current mobile network



    • 5G – Use Cases Expectations

      • Language
      5%
      AI/ML
      5%
      VR/AR
      16%
      Block Chain
      2%
      Security
      2%
      Next-Gen ATM
      11%
      FI
      9%
      SDWAN
      2%
      IoT
      2%
      UX
      18%
      Video KYC
      27%

      5G – Use Cases Expectations




      • AI/ML: Artificial Intelligence Machine Learning
      • AR/VR: Augmented Reality and Virtual Reality
      • SDWAN: Software Defined WAN
      • IoT: Internet of Things
      • UX: User Experience
      • End 2 End Security
      • Additional layers of encryption
      • Biometric and Continuous Authentication
      • Dedicated for Banking Services
      • Network Slicing

      Approach for Collaboration






    Engaged Start-Ups:

    Vortex

    NextGen ATM - Teller Assistance - Virtual assistant in ATMs

    Block-Amour

    Zero Trust security for connected devices critical IoT infrastructure and 5G Networks

    Easiofy

    5G Augmented Reality Platform for futuristic Financial Services

    Imaginate

    Framework for usage of XR technologies in financial services industry

    Kaizen Secure Voiz

    Re-imagining the proof of life process for pensioners

    Next-Gen

    NextGen ATM - Teller Assistance - Virtual assistant in ATMs

    Niral

    5G Network Slicing Use case using DPI, DCSG, SDN and NFV for Virtual Banking and Financial Services

    Nivetti Systems

    AI powered 5G Edge Security Architecture

    Reverie

    Enabling Financial Inclusion with Indic Languages across different banking channels

    SBI

    SB RIA - State Bank Robotic Intelligent Assistant

    Signzy

    Faced-based payments using video authentications

    Techie

    Blockchain and IoT platform for loan monitoring to the farmers and moving supply chain finance on the Blockchain

    Xebia

    Creating Virtual Teller Machine (VTM) which enables rural customers to efficiently use the banking services powered by 5G connectivity

    Yoti

    Solutions with Yoti App to help disrupt banking and financial services