India’s NPCI Explores Blockchain Integration for UPI at India Blockchain Week 2025
The National Payments Corporation of India (NPCI), architect of the revolutionary UPI payment system, will take center stage at India Blockchain Week 2025 in Bangalore. This strategic MOVE signals India's intent to modernize its digital infrastructure through decentralized technology.
NPCI's presence at Stall S02 underscores its commitment to evaluating blockchain's potential to enhance UPI's capabilities. The focus areas include real-time settlement scalability, secure identity authentication, and streamlined cross-border remittances—critical pain points in global finance.
With UPI processing billions of transactions monthly, this exploration could redefine financial interoperability. The initiative aligns with growing central bank interest in distributed ledger technology, particularly for high-volume payment rails.