1. Effect of injection of E-Money.
People are now moving towards the digitization of business. To compete in the future business market we need to transact with business partner quickly and hence electronic money pays wider role in transaction. while moving towards the development, turbulence of e-money affect the way of doing business. This turbulence increase the movement of money faster and also create new threat of cyber crime in financial market.
2. E-Money with special characteristics:
E-money in future may have special characteristics.
a. Different denomination.
b. One currency for globe.
c. More secured.
3. Reduction of impurity of money:
Injection of e-money reduce the money without owner. Impurity of money means Money without owner. centralization of money through financial channel reduce the % of impurity in money.
% of Impurity of money = (Non-owner money/Total money in economy)*100
Hence, Money in future market will have much wider role in economy for secure place of business.
People are now moving towards the digitization of business. To compete in the future business market we need to transact with business partner quickly and hence electronic money pays wider role in transaction. while moving towards the development, turbulence of e-money affect the way of doing business. This turbulence increase the movement of money faster and also create new threat of cyber crime in financial market.
2. E-Money with special characteristics:
E-money in future may have special characteristics.
a. Different denomination.
b. One currency for globe.
c. More secured.
3. Reduction of impurity of money:
Injection of e-money reduce the money without owner. Impurity of money means Money without owner. centralization of money through financial channel reduce the % of impurity in money.
% of Impurity of money = (Non-owner money/Total money in economy)*100
Hence, Money in future market will have much wider role in economy for secure place of business.
In todays situation e-money is so important So much helpful this blog.......
ReplyDeletewaiting for next blog.......