Exploring the Transformation Towards a Cashless Society On September 1, 2015, the increase in the contactless payment limit from ÂŁ20 to ÂŁ30 marked a crucial milestone, signaling the rise of a cashless economy. While analysts and futurists speculate that the peak of this transition may occur within the next decade, the debate surrounding the decline…
Is Cryptocurrency the Future of Money?
Massive computer advances over the last several years have irreversibly altered many facets of our life, particularly the financial industry. The traditional methods of dealing with money, such as utilizing currency and ATMs, are gradually being phased out in favor of more accessible, decentralized alternatives. People increasingly keep their money on their phones through new-age…