Moneycontrol PRO
HomeNewsBusinessInsights from Nandan Nilekani: Crypto is as centralised as the old world and more

Insights from Nandan Nilekani: Crypto is as centralised as the old world and more

In his third book, 'The Art of Bitfulness', Nilekani aims to help readers use their devices better and proposes a collective solution to wrest control back from Big Tech and social media apps.

February 09, 2022 / 15:30 IST
Rank 5 | Nandan Nilekani | Company: Infosys | Donation: Rs 183 crore | Primary cause: Societal Thinking
-
Open Trading A/c
-
0 (0%)
Todays L/H
0
0

Weeks before the Union Budget 2022, Infosys co-founder and Aadhaar architect Nandan Nilekani spoke to Moneycontrol on why crypto as an asset class should be encouraged. He also said the Indian alternative digital public goods has created much more interoperable and competitive systems that a billion people can use.

On whether Web3 is really decentralised, Nilekani mentioned in an interview last month that there was as much centralisation in the world of crypto as there was in the old world.  Three-four crypto exchanges dominate the world and decide the rules of the game.

Read more of his views and tidbits of his new book, The art of Bitfulness, in this detailed, insightful interview here.

Moneycontrol News
first published: Feb 9, 2022 03:30 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advertisement

Crypto Basket
Powered By Mudrex

Bitcoin
Current Price ₹ 8,830,817.75 1D returns -7.20%
Buy Now
Ethereum
Current Price ₹ 290,881.05 1D returns -8.68%
Buy Now
Ripple
Current Price ₹ 209.66 1D returns -9.45%
Buy Now
BNB
Current Price ₹ 84,434.00 1D returns -5.38%
Buy Now
Solana
Current Price ₹ 12,863.05 1D returns -10.46%
Buy Now
USD Coin
Current Price ₹ 92.56 1D returns 0.07%
Buy Now
DeFi Tracker
1W returns-2.85%
Invest Now
Crypto Blue Chip - 5
1W returns-7.24%
Invest Now
BTC 50 :: ETH 50
1W returns-7.43%
Invest Now
AI Tracker
1W returns-12.76%
Invest Now
Web3 Tracker
1W returns-15.41%
Invest Now

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai