Future of MoneyApr, 2020
Do you still carry cash? Predictions say cash will disappear by around 2030. Our Future of Money special report, published in The Times, explores how currencies and payments are changing from businesses to individuals. It looks at why closed-loop payments might be good for customer loyalty and consumers, but cutting out banks might not be for the best. It examines why blockchain offers numerous benefits when it comes to payments security, but it won’t eliminate fraud altogether. Finally, the featured infographic looks at the varying global attitudes towards cryptocurrency and the reasons behind what is driving or hindering adoption.
Cryptocurrency adoption varies greatly depending on where you are in the world, with as many as one in five citizens in Turkey having used or owned cryptoassets, compared with one in twenty Americans. But it is not just attitudes towards technology that are driving or hindering adoption, the reasons are often complex and tied to deep political and economic issues