Nandan Nilekani On How ‘Finternet’ Will Change Transactions In The Financial Landscape

At the Global Fintech Fest 2024, Infosys Co-founder and Chairman Nandan Nilekani highlighted the benefits of "Finternet," a concept similar to the internet but for finance. Finternet connects multiple financial ecosystems, focusing on three key principles: being user-centric, unified, and universal. It will allow users to control their assets, whether digital or real-world, represented by tokens on a unified ledger. This system ensures universal interoperability, quick dispute resolution, and enhanced security, placing users and businesses at the core of financial applications.