Analyses | Innovation and technology development | 2015-09-04 | HKEJ

A world without cash

Before the use of paper money, goods and services were directly exchanged in a barter system. Now we are embracing another form of paperless economy thanks to the wide use of digital currencies, namely debit cards, credit cards and other electronic money. Denmark, the Nordic country, may become the world’s first nation to legally go cashless by next year. Is Hong Kong ready to let go of notes and coins?

The full version of the commentary is in Chinese only.