BIS Boss Coins 'Finternet' Terminology Promotes Tokenization as a Tool to Address Shortcomings of Today's Financial System

BIS head Agustin Carstens and Infosys co-founder Nandan Nilekani proposed the idea of ​​a “Finternet”, an interconnected financial system driven by tokenized assets that would help overcome the shortcomings of trading financial assets today. The core of this system relies on the possibility of smart contracts to manage these assets programmatically. BIS Boss Highlights (…)