Photo: economictimes.indiatimes.com
DPI platform Finternet to go live by 2026: Nandan Nilekani - The Economic Times
Nandan Nilekani announced that the Finternet platform will launch by 2026, facilitating seamless transactions of tokenized assets in India, impacting fintech and real estate sectors significantly.
- Finternet is designed to create a unified ecosystem in India, enabling transactions involving tokenized assets such as land, vehicles, and shares, enhancing accessibility.
- Nandan Nilekani, co-founder of Infosys, emphasized the importance of linking governments and banks within the Finternet platform to streamline financial processes by 2026.
- The platform aims to integrate advanced technologies, including artificial intelligence, to improve transaction efficiency and security within the burgeoning fintech landscape.
Why It Matters
The launch of Finternet represents a significant evolution in India's financial infrastructure, promoting innovation in fintech and real estate. It could set a precedent for similar initiatives worldwide, particularly in tech hubs like Singapore, San Francisco, and New York City.