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Advisor(s)
Abstract(s)
Cash, standardized physical tokens that represent economic value, has been a key instrument in
the evolution of human civilizations for around 3000 years. However in the last few decades cash
has been progressively losing its preeminence in favour of electronic handling of money transactions.
The shift to a cashless society, in which physical money is completely or almost completely
replaced by electronic records is on the horizon. Regardless of its advantages and disadvantages,
electronic handling of money needs the support of a complex technological
infrastructure which operation depends on many factors. This paper discusses this subject in
detail, identifies the main threats linked to electronic money handling and evaluates their possible
impacts on societies that no longer rely on cash.
Description
Keywords
Cash Cashless society Electronic cash