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Emerging FinTech
book

Emerging FinTech

by Paul Taylor
May 2022
Beginner
238 pages
5h 22m
English
Business Expert Press
Content preview from Emerging FinTech

CHAPTER 11

Trend 7—Digital Currency

Introduction

Digital currency is an area that is receiving a large amount of both good and negative attention at the time of writing (Winter 2021). However, like most new technologies and trends, one has to be able to separate the hype from the reality of what is happening.

What Is Driving the Movement Toward Digital Currency?

Digital currencies are part of the global trend of moving away from the traditional payment types (such as physical cash with coins/notes or cheques) to newer methods of payment (such as contactless payments). These methods are more convenient (i.e., one does need to carry cash around), are more secure (one does not need to write a paper cheque and post it), and do not require physical ...

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Publisher Resources

ISBN: 9781637422489