According to Odaily Planet Daily, Agustin Carstens, General Manager of the Bank for International Settlements (BIS), and Nandan Nilekani, co-founder of India's Infosys, proposed the concept of "Financial Internet" (Finternet) in a recent paper. This is an interconnected financial system dominated by tokenized assets that aims to solve the problems of current financial asset transactions. Finternet is a series of interconnected systems that aims to integrate multiple financial functions into a single network and lower the entry barriers for participants. The paper defines Finternet as "multiple interconnected financial ecosystems that, like the Internet, put individuals and businesses at the center of their financial lives, thereby empowering them." The core of Finternet is tokenization technology, which allows RWAs and financial assets to be represented in a single system managed by smart contracts, enabling operations and transactions that are not possible with current technology. The paper points out that tokenization fundamentally reshapes the financial transaction process because tokens include "value and regulatory information that are usually recorded in databases."