{"product_id":"a-cashfree-society-9781442227422","title":"A CashFree Society","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eInformation technology is changing the world through automation, by bypassing middlemen and by digitization. We see dramatic effects today in the music industry, going from CDs to streaming, in newspapers, from paper to online, and in the banking industry, from branch offices to the Internet. One of the most fundamental changes is  the replacement of physical cash, money and coins, by bits in a computer. A Cash-Free Society is about this dramatic change. It shows the advantages and disadvantages and discuss how we  consumers, businesses and the society -can prepare for a new world where cash is no longer king. Banks are closing down branch offices and removing cash services. Customers wishing to withdraw money as cash are directed to ATMs. But the number of ATMs is declining. Mobile payments, either for paying bills or for person to person transactions will be the last nail in the coffin for cash.These changes are fed by the overwhelming advantages, both for consumers and businesses, t\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003eAn original, detailed, informative, impressively presented, thoughtful and thought provoking study, \"A Cash-Free Society: Whether We Like It or Not\" is an essential and unreservedly recommended addition to community, college, and university library Contemporary Economics collections and supplemental studies lists. * Midwest Book Review *\u003cbr\u003eA Cash-Free Society provides a simple and clear explanation of the movement toward new forms of financial transactions. Olsen again demonstrates his ability to tell a story that everyone can understand.  He manages to stay true to the complexity of the underlying technology while helping the reader to see the transition in easy to understand terms.  The book is worth reading just for his brief introduction to computer applications and his story-telling reaches new heights with 'Uncle Joe’s Island.' -- Michael B. Spring, Professor, School of Computing and Information, University of Pittsburgh\u003cbr\u003eWe are living in a digital world.  Digital currency’s supporting infrastructure is inevitably taking over cash payments. Moving towards a cash-free society may be challenging.   In this excellent book,  Kai Olsen wisely describes technologies, processes, and implications  of this movement, providing the reader with a complete picture of this crucial topic for our future society. -- Alessio Malizia, Professor of User Experience Design, University of Hertfordshire, UK\u003cbr\u003eThe cash-free society is arriving without much notice, and Olsen highlights important implications, offering a forward looking discussion of this significant transition. -- Petter E. Bjørstad, Professor, University of Bergen\u003cbr\u003eOlsen outlines alternatives for using cash and explains complications associated with those alternatives. He describes the history of gold, silver, coins, banknotes, checks, and credit cards. Barcodes, transaction fees, digital credit, and debit cards, bitcoin, and blockchains complicate the transition to the digital world. The best part of the book is the summary of the strengths and weaknesses of the digital economy. Recommended. * CHOICE *\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003ePreface vii  1. Moving to a Digital World 1  Part One – Computer Applications 7 2. Computer Applications 9 3. Complex Computer Applications 25  Part Two – The Cash-free Society 41 4. Money 43 5. Uncle Joe’s Island 53 6. From Analog to Digital 57 7. Fundamentals for a Digital Economy 65 8. Infrastructure for Digital Payments 71 9. Digital Payments 81 10. Internet Banks 87 11. Virtual Currencies 93 12. Advantages of a Digital Payment System 101 13. Disadvantages of a Digital Payment System 111 14. Case: Norway 123 15. New Systems 141 16. The Cash-free society 147  Index 153 About the author 157","brand":"Rowman \u0026 Littlefield","offers":[{"title":"Default Title","offer_id":51039887360343,"sku":"9781442227422","price":27.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781442227422.jpg?v=1750945159","url":"https:\/\/bookcurl.com\/products\/a-cashfree-society-9781442227422","provider":"Book Curl","version":"1.0","type":"link"}