Nandan Nilekani launches open credit protocol network
At the Global Fintech Festival, 2020, Nandan Nilekani announced the launch of a new credit protocol infrastructure called the ‘Open Credit Enablement Network (OCEN) protocol, which Indian Software Product Industry RoundTable (iSpirit) has built and worked over the past months
Nandan Nilekani, founding architect of Aadhaar and co-founder and non-executive chairman of Infosys Ltd, said India needs to democratise credit for small businesses, to ensure the revival of the economy, which has been hit by the ongoing covid-19 pandemic.
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