'Finternet' is the future of financing system: Nilekani
Business Standard|August 29, 2024
Terming 'Finternet' as the future of financing systems, Nandan Nilekani, Infosys co-founder and chairman, provided a glimpse into how India's fintech landscape would look like in the near future.
SHIVANI SHINDE
'Finternet' is the future of financing system: Nilekani

According to Nilekani, Finternet will be user-centric, unified, which means it will cover all types of assets, with a universal infrastructure.

He offered insights on the concept of tokenisation of assets in the digital world with the help of advances in cryptography.

"The Finternet is a new approach to global finance which is defined by the three 'U's' - it is user centric, unified, and universal - that is keeping the user at the centre and it has to be universal, that is it has to cut through asset classes of all types. The Finternet combines the best of the regulated world with the best that tokenisation technology can offer us.

هذه القصة مأخوذة من طبعة August 29, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة August 29, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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