Finternet: The Next Big Thing in India

Nandan Nilekani unveils 'Finternet,' a user-centric, unified, and universal approach to finance at GFF 2024 in Mumbai.

What is Finternet?

Finternet aims to tokenize all asset classes, allowing secure, regulated access over a universal infrastructure.

Three U's of Finternet

Nilekani describes Finternet as User-centric, Unified across asset classes, and built on a Universal infrastructure.

Tokenization of Assets

Tokens will represent real-world assets like land, bonds, or art, ensuring security through cryptography and blockchain.

The Role of Cryptography

Cryptography ensures immutability, security, and privacy of tokenized assets in the Finternet ecosystem.

A Tokenized Future

Nilekani's team showcased a demo of Finternet, highlighting the potential of a tokenized asset economy.