Institutional finance demands throughput, transparency, and provability at scale. We’ve spent six months working with Finternet Labs ideating and benchmarking a verifiable stack that solves this, and recently we proved and settled 7.5k TPS on Ethereum. Here’s why this matters 🧵

In April 2024, @NandanNilekani and @BIS_org published the Finternet paper. It laid out a blueprint for a unified, Internet-style financial system. The same team that built UPI and Aadhaar (used by more than 1B people and doing 500M transaction every day) is now powering Finternet Labs. They’re bringing billion-transaction expertise to next-gen finance.

Today’s financial rails are fragmented and opaque, they still rely on manual reconciliation and audits. Our vision is to move value like data-permissionless, verifiable, instant. Finternet is the TCP/IP of assets. It defines instruments on-chain, automates compliance, and replaces manual checks with privacy-preserving ZK proofs.

At Finternet, we needed a stack that was blazing-fast, efficient, and ready to scale proofs. The SN Stack combined with the UNITS engine checked every box – we hit 7K+ TPS in our benchmarks, with every tx settling on Ethereum. Read all the details here 👉

This is only the beginning. We're pushing privacy, global scaling and next-gen proof systems even further with the great team at Finternet Labs. Grateful for @imsiddshetty and @pramodkvarma's constant review and feedback, and excited to keep pushing with Finternet Labs and bring the real world on chain. Institutional-grade, trust-minimized finance coming soon.

@finternet_org Amazing work @apoorvsadana!

@finternet_org Pretty incredible.

@finternet_org Huge! 👏👏

@finternet_org This is massive