The Money Is Dead, How Financial Technology Is Creating A Slow Death for Cash Transaction

Ever since mankind bartered with each other for whatever they lacked, or needed, money, as the medium of exchange, has witnessed multiple milestones in its evolution. The Lydians pioneered the minting of gold and silver coins, and the Chinese, under the Mongolian rule, introduced to the Europeans, through Marco Polo, the usage of paper money, which was later known as banknotes when European banks began the issuance of paper money.