Mumbai: Neokred unveiled 'Blutic,' the futuristic consent manager platform at the Global Fintech Festival.
This combines Neokred’s technological expertise with advanced features to address the growing need for data compliance and user empowerment, helping businesses navigate the complex landscape of digital privacy regulations while building trust with their users.
In an era where data breaches can jeopardize business integrity, Blutic emerges as a comprehensive platform that goes beyond compliance, offering users enhanced control over their personal data.
Blutic's key feature set empowers users to determine which data is shared and how it is utilized, providing a transparent and secure data management environment.
Businesses benefit from this platform’s ability to anticipate regulatory changes, ensuring they stay ahead of evolving data privacy laws and avoid costly penalties.
Blutic's robust functionalities include encryption for secure data storage and a consent validity feature that clearly defines data retention timelines.
The platform's B2B solutions automate regulatory workflows, streamline onboarding processes, and simplify dynamic consent management, making compliance seamless for businesses.
Additionally, Blutic offers an open-source login system, a versatile SDK for integrating consent management, and a consent dashboard for tracking consent logs and analytics.
Tarun Nazare, Co-founder and Managing Director of Neokred, emphasized the significance of the DPDP Act introduced by the Government of India, which aims to enhance data privacy for individuals.
"Blutic is the future of data privacy and consent management in India," said Nazare. "It empowers both businesses and individuals to manage data consent responsibly, with features that allow for time-based consent management, revocation, and centralized control from a single platform."
Blutic further enhances user experience with multilingual options, one-click login for easy onboarding via Blutic OAuth, and a scoring mechanism to evaluate user authenticity. Businesses also receive dedicated support through a Customer Success Manager to assist with client and user queries.