Includes bibliographical references and index

Moving to a digital world -- Part One. Computer applications. Computer applications -- Complex computer applications -- Part Two. The cash-free society. Money -- Uncle Joe's Island -- From analog to digital -- Fundamentals for a digital economy -- Infrastructure for digital payments -- Digital payments -- Internet bank -- Virtual currencies -- Advantages of a digital payment system -- Disadvantages of a digital payment system -- Case: Norway -- New Systems -- The cash-free society

"Information technology is changing the world through automation, by bypassing middlemen and by digitization. We see dramatic effects today in the music industry, going from CDs to streaming, in newspapers, from paper to online, and in the banking industry, from branch offices to the Internet. One of the most fundamental changes is the replacement of physical cash, money and coins, by bits in a computer. A Cash-Free Society is about this dramatic change. It shows the advantages and disadvantages and discuss how we - consumers, businesses and the society -can prepare for a new world where cash is no longer king."--