‘Can lead to ruin…’: Sridhar Vembu raises red flag over Nandan Nilekani’s land tokenisation proposal
As Nandan Nilekani pushes for the tokenisation of land to unlock dormant wealth, Zoho’s Sridhar Vembu has issued a stark warning. Making every asset liquid might look like progress, he says—but it’s a slippery slope. “Companies would arise to offer ‘instant cash out’ of tokens on farm land, homes and so on. I am afraid … Read more