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Jñāna Kosha · ज्ञान कोश

The research behind the risk markets.

A living library of long-form essays on distressed debt, private credit, sovereign risk and the intelligence economy — the frameworks behind Solvendo's products, thought through in the open.

8 essaysUpdated regularly
Featured
Risk & Underwriting

The Evolution of Underwriting

Reinsurance in the Age of the Intelligence Economy

Every era has its own characteristic forms of risk. As the Industrial Economy gives way to the Intelligence Economy, underwriting itself must evolve — from a periodic, backward-looking exercise into a continuous, intelligence-driven discipline.

Yadunath Bhargavan29 Jun 2026 · 12 min readRead essay
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Credit Markets8 min

Private Credit’s Illusion of Safety

What appeared to be a stable and superior asset class is beginning to reveal structural fragilities. Credit’s seniority does not guarantee resilience in a world of rapid disruption — safety must be engineered, not assumed.

6 Apr 2026 · 8 min read
Future of Finance6 min

The New Delhi Moment

The institutions that govern the global economy were built for a world that no longer exists. As the world turns multipolar, intelligence itself is becoming a form of economic infrastructure.

10 Mar 2026 · 6 min read
Sovereign & Systemic7 min

Information Utility: Critical Financial Infrastructure

As stablecoins and digital assets transition into the regulated space, an Information Utility that democratizes data and intelligence becomes critical to consumer protection, oversight, and sustainable financial innovation.

20 Dec 2025 · 7 min read
Risk & Underwriting6 min

An Early Warning System for Distress on the Chain

Blockchains make financial data available in real time — but turning that data into trustworthy intelligence is hard. BetygFi scores DeFis, coins and wallets to surface distress before it spreads.

6 min read
Sovereign & Systemic7 min

Sovereign Debt Crisis

Emerging nations carry a $9 trillion debt stock and a resolution system built eight decades ago. An Information Utility that enables transparency and automation could make the Common Framework finally workable.

7 min read
Future of Finance11 min

The Future of Finance

A view of where finance is heading as intelligence becomes a factor of production — and what a financial system built for complexity, resolution and access looks like.

11 min read
Credit Markets5 min

Solvendo’s Solution for Credit Markets

How Solvendo approaches credit markets — pricing risk from reliability curves rather than narratives, and building the infrastructure for resolution and recovery.

5 min read