All Posts

As financial systems digitise and interconnect, weaknesses in data integrity and verification increasingly transmit systemic risk. This article examines how digital trust and authoritative registries are becoming central to financial stability, shifting the focus from post-crisis intervention to infrastructure-level resilience.

As registries proliferate across digital systems, authority has become the defining factor that separates reference infrastructure from simple data repositories. This article examines the institutional, legal, and governance conditions that make registries authoritative and explains why authority is essential for interoperability and programmable finance.

Financial systems are increasingly embedding rules directly into infrastructure rather than enforcing them after transactions occur. This article examines why programmability is emerging as a structural response to scale, complexity, and regulatory demands, and why trust registries are essential to making programmable finance reliable and accountable.

Climate finance continues to face credibility and coordination challenges despite growing volumes of data and reporting platforms. This article argues that authoritative and interoperable registries, rather than dashboards alone, are essential to establishing trust, traceability, and accountability across climate finance markets.

This report outlines how crypto has entered a structurally mature phase, moving beyond boom–bust cycles into steady, institution-led growth. Bitcoin’s traditional four-year halving cycle is weakening as ETFs, corporates, and sovereign allocators provide persistent inflows, reducing volatility and positioning Bitcoin as a macro hedge rather than a speculative asset. Crypto ETPs are projected to surpass $400B in assets, while stablecoin supply is expected to reach $1 trillion,

Cross-border payments remain costly and fragmented due to the absence of shared trust infrastructure across jurisdictions. This article argues that interoperable trust registries, rather than new payment rails alone, are essential to reducing friction and enabling scalable, accountable international payments.

As digital money moves from experimentation to policy reality, central bank digital currencies and stablecoins are increasingly viewed as complementary rather than competing instruments. This article examines how their coexistence depends less on instrument design and more on the trust infrastructure that connects monetary systems.

India’s financial ecosystem is evolving from digital inclusion to digital trust. As Aadhaar, UPI, DigiLocker, and ONDC mature into interoperable systems, the next phase will link institutions, assets, and registries through common standards. This piece examines how policy, technology, and trust frameworks are converging to define India’s new financial architecture.

The Moneycontrol India Web 3.0 Summit 2025 convened government leaders, technology pioneers, and industry experts to discuss how India can lead the global Web 3.0 revolution. The sessions explored themes spanning governance, digital infrastructure, fintech innovation, and cybersecurity, offering a holistic view of India’s emerging digital economy. The event opened with a welcome note by Nalin Mehta, setting the stage for an evening focused on innovation and governance in the

India's Web3 moment is here! But what should our Web3 stack look like and how do we shape the right regulatory path, especially on tax and user protection? In this panel, led by Dr. Arvind Gupta (Head & Co-founder, SUTRA & Digital India Foundation) and global leaders, Rachel Conlan (CMO, Binance), Sumit Gupta (Co-founder & CEO, CoinDCX), Edul Patel (Co-founder, Mudrex) and Beatriz Callanghan (Sales Director, Canton Technologies) discuss how India can turn its talent and scale

The SUTRA Charter formally sets out the consortium’s vision, guiding principles, and governance framework for advancing trusted and interoperable digital registry systems. It defines the shared foundation on which partners will collaborate to strengthen digital public infrastructure and promote secure, verifiable exchange across sectors.

SUTRA, in partnership with Moneycontrol, will host an invite-only convening in Mumbai on 30 October 2025 focused on the future of digital trust and interoperable financial systems. The event will bring together policymakers, regulators, industry leaders, and technologists to reflect on how trust registries, tokenisation, and emerging digital frameworks are shaping India’s financial transformation.

This report highlights a strong resurgence in the crypto industry driven by both technological and market momentum. Developer activity across key blockchain ecosystems continues to rise, with Ethereum maintaining its dominance while newer platforms like Solana, Base, and Near show significant growth. The report emphasizes that this “builder energy” is fueling innovation across decentralized finance (DeFi), Web3 applications, and infrastructure, setting the stage for mainstrea

The report presents a cautiously optimistic outlook for crypto markets heading into Q4 2025. Despite a sharp leverage correction in October, analysts remain positive due to strong liquidity, potential U.S. Federal Reserve rate cuts, and growing regulatory clarity. Institutional participation, particularly from digital asset treasury companies (DATs) that now hold around 3.5% of Bitcoin’s and 3.7% of Ethereum’s supply, continues to underpin demand. However, uncertainties like

The study surveys notable case studies, including Georgia’s national blockchain registry, Sweden’s property transfer automation, Brazil’s municipal pilots and Switzerland’s DLT-regulated real estate markets to draw cross-country policy lessons. Beyond the technology, the analysis focuses on institutional governance, regulatory coherence, and stakeholder integration as key determinants of sustainable implementation. It argues that blockchain’s role lies not in decentralization

The Digital India Foundation, in collaboration with Project Sutra (Shared Unified Trust Registry Architecture) , convened a closed-door...

In Kenya, digital lending expanded faster than regulation could adapt. By the late 2010s, millions of mobile users were accessing instant...

When India’s Open Network for Digital Commerce (ONDC) began operations in 2022, it set out to do something unusual. Instead of creating...

Across Africa, a quiet transformation is taking shape. Governments, regional bodies, and innovators are designing digital systems meant...

The European Union’s Digital Identity Framework, known as eIDAS 2.0, is setting a new benchmark for how countries can approach trust and...