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China: the journey to a cashless society

May 29, 2021 by Rich Turrin

I am deeply honored that Rick Huckstep founder of the Wiser! – Tech Economy Newsletter devoted an entire issue to “Cashless!”

Please follow the link below to read the article.   Article snippet below but it doesn’t do justice to Rick’s beautifully illustrated article.

Link to article

Wiser! – Tech Economy Newsletter: China the journey to a cashless society

China: the journey to a cashless society

A vision of what’s to come: CBDCs, Digital Payments, QR codes, frictionless payments

If you saw the title or subheading and thought “not interested, I’ll skip this”…THINK AGAIN!

This a story you need to know about.

It’s a story of how China turned the world’s largest populace into a nation without the need for cash. The old, the young, the poor and uneducated, from the beggars on the street to the largest businesses.

It is also a story about Central Bank Digital Currencies, aka CBDCs. A 4 letter acronym that you’ll be seeing a lot of as more governments begin the transition to Digital Currency…………………

 

Please go to Wiser! to read the rest of this beautiful article that is heavily illustrated with diagrams that are just fantastic……

Wiser! – Tech Economy Newsletter: China the journey to a cashless society

While you’re there check out Wiser!   Rick has a nack for condensing everything you need to know about tech into his newsletter!

 

Category: Articles, CBDC, China, Currency, Fintech
Rich Turrin

About Rich Turrin

Rich Turrin is the international best-selling author of “Cashless – China’s Digital Currency Revolution” and “Innovation Lab Excellence.” He is an Onalytica Top 100 Fintech Influencer and an award-winning executive previously heading fintech teams at IBM following a twenty-year career in investment banking. Rich is a leading media commentator and advisor on China’s digital currency and tech scene. Living in Shanghai for more than a decade, Rich experienced China going cashless first-hand.

Cashless Newsletter

Writing about Asia’s FinTech revolution from Shanghai, 16 years and counting.

Every week, 60,000+ executives, investors and policymakers read Cashless to understand what Asia’s technology revolution means for Western markets. Not theory. Not hype. Real insight from someone living it.

If you want to know where Western finance and technology are heading, the answers are already visible in China and Asia today. Cashless connects the dots from the geopolitics of digital currency and the stablecoin versus CBDC battle for monetary sovereignty, to AI adoption, FinTech innovation and the trends that Western analysts won’t see coming until they’re already here.

Straight-talking. Hype-free. Delivered to your inbox every week. Free.

Join 60,000+ readers who already know that Asia isn’t coming. It’s already here.

RICH TURRIN

The go-to voice on Asia’s FinTech revolution. Fintech speaker, consultant and author — based in Shanghai, available worldwide.

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