Nilekani, Carstens propose digital ID, CBDC-powered ‘Finternet’ to be ‘the future financial system’: BIS report

The finternet will merge into digital public infrastructure where anonymity is abolished, money is programmable & citizens are coerced into compliance: perspective India’s digital identity architect Nandan Nilekani and Bank for International Settlements (BIS) general manager Agustin Carstens propose creating the “finternet,” which they believe will be “the future financial system” powered by digital ID, … Continue reading Nilekani, Carstens propose digital ID, CBDC-powered ‘Finternet’ to be ‘the future financial system’: BIS report