More countries are realizing that their citizens are carrying less cash and writing far fewer checks. Instead, they are using digital wallets as well as credit and debit cards. Still others are starting to explore the new territory of digital currencies, also known as cryptocurrencies, like Bitcoin and the more than 500 other types of alt coins now available as the reference from Due noted in a Huffington Post Canada article on the potential move to digital currency for Canada, including eCash. The article further explores the benefits and any drawbacks for such a move for an entire country to take on. With the ongoing trend of more businesses and consumers opting for digital payments in Canada, the potential appears to be growing for such a dramatic change there and around the world.
You can read the original Due Referenced in Huffington Post Article about the Potential Move to Digital Currency for Canada article here.
To learn more about the eCash and digital currency trend around the world, including a recent movement to cryptocurrency in Japan, be sure to check out Due’s blog category on eCash.
