Ujwal Sutaria’s Post

🚀 Introducing the Finternet: 𝐓𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 🌐 📣 Thrilled to share the ground breaking concept of the "Finternet," co-authored by Nandan Nilekani and Agustín Carstens, that’s set to revolutionize our financial world! 💡 🌍 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐅𝐢𝐧𝐭𝐞𝐫𝐧𝐞𝐭? Imagine a global, interconnected financial ecosystem where individuals and businesses can transfer any financial asset, at any time, using any device, securely and cheaply. 💸✨ 🔗 𝐊𝐞𝐲 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬: - 𝑻𝒐𝒌𝒆𝒏𝒊𝒔𝒂𝒕𝒊𝒐𝒏: Transform physical assets into digital tokens for seamless transactions. 💳➡️📱 - 𝑼𝒏𝒊𝒇𝒊𝒆𝒅 𝑳𝒆𝒅𝒈𝒆𝒓𝒔: Simplify and automate financial processes with programmable platforms. 🤖📊 - 𝑼𝒔𝒆𝒓-𝑪𝒆𝒏𝒕𝒓𝒊𝒄 𝑨𝒑𝒑𝒓𝒐𝒂𝒄𝒉: Break down barriers between financial services, promoting access for all. 🚀🌐 - 𝑪𝒆𝒏𝒕𝒓𝒂𝒍 𝒂𝒏𝒅 𝑪𝒐𝒎𝒎𝒆𝒓𝒄𝒊𝒂𝒍 𝑩𝒂𝒏𝒌 𝑪𝒐𝒍𝒍𝒂𝒃𝒐𝒓𝒂𝒕𝒊𝒐𝒏: Ensure trust and stability in the system. 🏦🤝 🛡️ 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬: - 𝑬𝒇𝒇𝒊𝒄𝒊𝒆𝒏𝒄𝒚: Reduce complexity and costs in financial transactions. 💡⚡ - 𝑺𝒑𝒆𝒆𝒅: Enable near-instantaneous, secure transactions. 🕒🔒 - 𝑹𝒆𝒈𝒖𝒍𝒂𝒕𝒊𝒐𝒏: Maintain robust oversight to protect value and prevent exploitation. 📜🛡️ - 𝑼𝒏𝒊𝒗𝒆𝒓𝒔𝒂𝒍 𝑨𝒄𝒄𝒆𝒔𝒔: Make financial services available to billions of people and businesses globally. 🌏🔓 💬 𝐖𝐨𝐫𝐝𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐨𝐫𝐬: - "Transforming the way we do financial transactions through tokenisation." - Agustín Carstens 🗣️ - "Combining technological advances with sound governance for a user-centric financial future." - Nandan Nilekani 🎯 🌱 𝐉𝐨𝐢𝐧 𝐭𝐡𝐞 𝐂𝐨𝐧𝐯𝐞𝐫𝐬𝐚𝐭𝐢𝐨𝐧: Let's discuss how the Finternet can reshape our financial landscape and empower every individual and business to take control of their financial lives! 🌟💬 #Finternet #Innovation #Finance #Tokenisation #DigitalEconomy #FinancialRevolution #FutureOfFinance

Finternet: The Innovative Frontier of Finance! Coined by visionaries Nandan Nilekani and Agustín at the BIS Innovation Summit 2024, it's the emergence of a new system in the financial ecosystem. But what exactly is Finternet? Let's explore together! #Finance #Fintech #Finternet

Jaclyn (Klabunde) Stanton, Wade Spencer and Michelle Borkowski attended Future Proof Retreat last month. Here are 3 things they took away from the experience in our latest "two-minute take": https://lnkd.in/dkeck9Hk What would you add? #wealthmanagement #wealthtech #fintech

Unlock the potential of Wealthtech Wonders with FINQ! 💼📈 Empower your financial decisions, invest wisely, and secure your future. Join the financial evolution! 🚀 #FINQ #FINQWealth #FintechInnovation #wealthtech

The Rise Of The Finternet A new model proposed by Nandan Nilekani and Agustin Carstens envisages multiple financial ecosystems interconnected with each other. What is Finternet? Multiple financial ecosystems interconnected with each other is called Finternet. The system has been proposed by Carstens, who is the general manager of the Bank for International Settlements (BIS), and Nilekani through a recent working paper of BIS. The problems that plague the financial system today, in terms of speed, cost, products, and availability of different products and services, need a multifaceted approach to solve them, said Shetty at the BIS Innovation Summit. The characteristics of safety and interoperability must be plugged in right from the start, he said. The finternet, much like the internet, can be made available to eight billion people and 300 million businesses, if it is universal, he said. What are your views on Finternet ? Please share them in the comments. #finternet #finance #financialecosystem #internet #linkedin

Tradescoop was created to help you find daily trade ideas effortlessly. Instead of relying on exaggerated claims, use our analytics and descriptive statistics to decide who to follow. Money and time saved. It’s that simple. See it yourself at www.tradescoop.io #socialTrading #fintech

Today marks the beginning of an exciting new journey for Third, as we’re now officially part of Nucleus Financial.     Through our combined expertise and resource, we can deliver even more to existing and future clients both in terms of products and service.    #wealthtech #fintech

Attention Financial Sector Professionals! Are you curious about how digital wealth management solutions are transforming the industry? Have you been wondering what benefits these innovations can bring to your work? Join the conversation and share your thoughts in the comments! Let's explore the exciting possibilities of this new era together. #digitalwealthmanagement #financialsector #innovation

💥 Boom: Finimize voted #1 in TechRound’s Fintech50 today! Massive kudos to our founder and CEO Maximilian Rofagha 👏 And don’t miss out—check what we’re all about on our app or website! 📲 #investing #madesimple #fintech

Are you building a product which has custom financial features with tricky data requirements, specialised ledger structures, or case by case variations? Do you need to get it done faster, with minimal code creation? Get in touch to see how fast it can happen with Luna Protocol #fintech #smartcontracts #futurefinance #tokenization #lendingsolutions #privatedebt #programmablefinance #lunaprotocol