Cashless Society

Paper Summary:

For many years, science fiction writers and futurists have predicted the end of the cash-based society. Advances in the technology which supports financial transactions has already greatly reduced the amount of cash necessary for many everyday events, and most individuals conduct at least some cashless transactions on a regular basis

From the Paper:

"Introduction
For many years, science fiction writers and futurists have predicted the end of the cash-based society. Advances in the technology which supports financial transactions has already greatly reduced the amount of cash necessary for many everyday events, and most individuals conduct at least some cashless transactions on a regular basis. The move toward a cashless society has occurred over centuries, but the technology of the twentieth century has propelled it faster than ever before. Yet despite the rapid technological advances of recent years, a cashless society remains well in the future. This research examines the factors which have moved society away from an entirely cash-based system as well as those factors which prevent society from being entirely cashless today."

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