Is the World Ready for Cashless Currency?

Hello everyone.

My Name is Sagar Rathee.

In my opinion, apart from the digitalisation of the world, we are not at that stage of inclusion of each and every person in this process.

Here, it requires a plethora of stringent steps at national and international level both:

1) To aware and educate the minorities which are still deprived of technology.

2) to enhance the budget expenditure in digitalisation so that everyone can have access to technology.

3) to install a rich Web of the network as a proper Internet is the main pre-requisite.

4) and also to set up programs or committees for awareness regarding Cyber Security.

Hence the concept of cashless economy is a necessary evil. After taking proper steps in upcoming 5 to 10 years we can head toward a complete cashless economy.

Thanks a lot.

Hello everyone.

According to my opinion, the world is ready for cashless economy. It is one of the great idea.

Now the online transactions will be done through some apps like paytm, google pay and other apps which made the life easier. There will be no carrying of money in hand or in the bag to transfer the money by standing in que in banks because of cashless economy. Cashless economy is good initiative as it consumes less time to transfer our money to anyone.

This is very useful for today's generation as everyone has cell phone.

Hi,

Thank you for giving an opportunity for me to share my knowledge on this topic.

According to me, the world is not ready because all the people don't know how to use online because some people are from the village and some are uneducated and some people fear about online problems because of this all are not ready to cashless currency.

Absolutely, the world is ready for cashless currency but few countries are not much developed but most of countries are going to side of cashless currency it has lots of benefits you don't have carry money so just need smart phone and a strong internet connection. By this, robbery cases, theft cases have less. You can make transactions of millions in few seconds. But all these benefits we have to look after some points also because it require awareness among people. We have to educated each and everyone to safe from cyber attacks.

Good morning everyone. My name is Rohit Lohar and today we are going to discuss, is the world ready for cashless currency.

In my point of view, today world is not ready for cashless currency.

Because many countries are remains to develop and many countries are still developing. If we start cashless curency that day there will be many problems in all over the world. Some countries like USA, China, UK, Britain are the developed countries, they can use useless currency. If we wants to do cashless currency then we have to develop our country in every respects. We have to increase our G.D.P. For cashless currency, a country should independent in all respects. It may be in future but now a days it is not possible.

THANK YOU.

Hi, This is Chandan.

Thank you all to me giving this wonderful opportunity.

According to me, the world is absolutely ready for the cashless currency there are some following points:

Save time: people don't have a sufficient time to one place to another place to save time it is a good way to transferring a money and go cashless.

Security: The cashless transaction is totally secure there is a very less chance that you May lost the money otherwise it ja totally secure.

These are some points that make a cashless transaction good and very efficient.

Part of this people is getting some amazing price for using cashless transaction so it is also making them very interesting.

But also one disadvantage is that it is making an addiction to the people are getting addicted to their mobile phones that is not good.

Thanks.

No, because if we go digital our currency has 85%chance to got stolen because on the other hand there is cybercrime.

Yeah. First of all, thank you so much for giving the opportunity. Myself I'm Aslaam. So now coming to our topic, the topic is cashless currency.

1. Nowadays digital marketing is the very fastest growing thing. We would like to continue this up to our next generations. A few years back we don't know about ATM, CDM, Net banking, Mobile banking, etc.

But now we know very well about that all things. As same as some villagers also don't know about the above things. But now they using very well even uneducated people's also.

I think in future those who are villagers also can know how to use digital marketing. Paperless transactions.

When we are using paperless work even we can reduce global warming also.

Every new thing is quite difficult initially but once it become routine it will be more helpful to us. Cashless currency is an advantage to everyone but it will be more convenient to workers who are not always ready to connect with banks at all times. Cashless economy will save time of ours and it will become easy for transaction of money.

Now-a-days we see that almost each person (atleast one) in a home have android mobile phones which will be suitable for transactions of money. As these android applictions are not very tough to handle everyone can able to drive it. Some basic and easy steps we have to follow.

There's present 4G connections at every places even in rural area also, hence thse problems also can be resolved.

Hi, all.

My view is,

The world ready for cashless currency, it had a lot of advantages for cashless. Every transaction is recorded and we are reduced to fake currency, we are purchased through online, we don't carry to liquid cash.

Few countries are not ready for cashless, most of the people not trusted cashless transactions. They scared about cashless.