BIZ-NASSCOM

India needs a sandbox approach

in order to regulate emerging technological advancements which

are disruptive and creating a sea change in today's regulatory

environment, the Nasscom said Thursday.

The Sandbox approach will allow companies to test

products in a closed environment, a particular geography or

among a set of users, before they are allowed roll out

commercially meeting all regulations.

There are lot of challenges to the regulators to

protect the citizens from possible fallouts from such

disruptive innovations as artificial intelligence (AI),

machine learning, big data analytics and blockchain, Nasscom

president Debjani Ghosh said.

"Tech regulation is complicated. It's a completely new

world and it should be consultative and adoptive. India needs

sandbox approach where policy makers, academicians, industry

figure out and create a framework," Ghosh said on the

sidelines of the first Nasscom International SME Conclave

here.

Indian capital market regulator, SEBI, also said last

month it was contemplating to come out with a sandbox policy

for tech companies which will allow companies to test products

in a closed environment.

Ghosh said there should be focus on discussions at the

early stage of apprehensions and problems which are required

to be solved in the new tech environment where AI, machine

learning, big data analytics, distributed ledger technology,

and the Internet of Things (IoT) are seeping into mainstream

lives.

"Early stage of discussion needs to be done to fully

understand the problem you are trying to solve as there may be

many ways to solve that," she said.