ambani: View: How Mukesh Ambani will use finance to tighten DNA loop
A successful fintech loans platform draws upon what the Bank for International Settlements calls a self-reinforcing “DNA loop,” shorthand for data, network and activity. The digital trail people leave behind on e-commerce or social media sites can be used to bind them into a strong network, which can be harnessed to encourage borrowing activity, leading to yet more data on consumer behavior.
Mukesh Ambani Gautam Adani Reliance Industries Ltd International Settlements Bajaj Finance Ltd Mercadolibre Inc
Source: indiatimes.com