Zoho's Sridhar Vembu said Nandan Nilekani's idea of tokenisation of land is "seductive" but could "lead to ruin". "A person with...drinking problem could...easily monetise a part of their home to fund their habit," Vembu said. "Companies would arise to offer 'instant cash out' of tokens on farmland, homes and so on. I'm afraid where this path would lead," he added.