Solana
Solana|Mar 11, 2025 19:55
🌎 THE FINTERNET WORLD TOUR IS COMING 🌏 But first, what is the Finternet? Glad you asked. ELI5: Ok so you're 5. Imagine if your piggy bank only accepted quarters, your wallet only took dollars, and your friend's purse only used euros — and they couldn't exchange with each other without lengthy paperwork and hefty fees. frustrating, right? That's our financial system now — stocks, loans, real estate, and crypto all in separate boxes. The Finternet aims to make all money jars work together. Your piggy bank can share with mom's bank app and dad's work money, all super fast 24/7 with no grown-ups saying "that will take 3-5 business days." Now assets flow as easily as text messages and you're at the center controlling it all from your phone. Bankers are smiling (rare) and you're financially sovereign (measured in freedom, not just dollars). The Finternet was developed by Agustín Carstens from BIS along with @NandanNilekani and @imsiddshetty who already built UPI in India — a system handling 100 billion transactions in 2023 alone and around 240 billion in payments per year. Solana could serve as the scalable, open settlement layer where all assets are tokenized — and help make the Finternet vision a reality.
Share To

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads