Cashless Germany
active 4 years, 3 months agoA cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes or coins, but rather through the transfer of digital information between the transacting parties. Cashless societies have existed from the time when human society came into existence, based on barter and other methods of exchange, and cashless transactions have also become possible in modern times using credit cards, debit cards, mobile payments, and digital currencies such as bitcoin. However this article discusses and focuses on the term “cashless society” in the sense of a move towards, and implications of, a society where cash is replaced by its digital equivalent—in other words, legal tender exists, is recorded, and is exchanged only in electronic digital form. (From: https://en.wikipedia.org/wiki/Cashless_society)
Home
This is a private project idea. To join you must be a registered site member and request project idea membership.