The Cashless Revolution av Martin Chorzempa

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<B>Financial Times, Best Books of 2022: Economics<BR/><BR/> The startling picture of how China’s revolution in finance and technology is changing both Wall Street and the way individuals manage their personal finances.</B><BR/><BR/> The future of finance – the way Wall Street operates and how individuals manage their money - is on the verge of upheaval. And the force underlying the change comes from China, where finance and technology are being merged into a system with consequences that resonate far beyond China’s border. The changes of this global revolution in finance and technology - fintech - will be as powerful as those wrought in social media, retailing and advertising by giants such as Amazon, Facebook, Google, and Twitter, which have overturned how we shop and communicate.<BR/><BR/> China reinvented money with lightning speed, transforming a backward, antiquated cash-based finance system into one centered on super-apps created by technology giants Aliba