Cashless Society Essay

CONCEPT OF CASHLESS SOCIETY directly this world is heading towards industrialization,privatization and globalization and the only thing whichplays an important component is strong capital. Globall(a)y the most dominant currency is GREEN lulu ($dollar) & everyone is headstrong to grab this.Now a days money is everything name, fame, power, desire, wellness and wealth. Let us halt here for a second and call our divine senses. Is that money really important for us to become a good soul With little stress on grey cells we look that thousands of year ago our ancestors did not use coin at all because their basic requirement was only food and shelter. Because of the cash, man becomes greedy, selfish,defiant,stubborn and notorious and he demolished his actual purpose of life.As man is a amicable animal so he has lots of responsibility towards society to advert it free from evils like crime, cast ism, racism,discrimination,women exploitation etc. So call up abouta society in which no o ne has a cash(liquid asset) andthe survival is based on talent ,efficiency ,analytical ability and knowledge. YESinstead of cash ,manexchange services to fulfill their requirement.The cashless society has multiple advantage much(prenominal) as reduced crime(no physical money in banks), increased contest purely based on skills ,labour and talent ,convenience in wages between friends and most importantly increase social interaction. For this we can control access to money via credit cards and mobile transactions and by using disruptive technology. A disruptive technology is the phenomenon occurring when two or more separate technologies converges unexpectedly to a new type of technology. If no physical money existed ,the social interaction would probably be opposite too.