India

Cash bans and citizen plans: The digitization of India

A customer waits to deposit 1000 Indian rupee banknotes in a cash deposit machine at bank in Mumbai, India, November 8, 2016. REUTERS/Danish Siddiqui - RTX2SK0T

Last November, Prime minister Narendra Modi announced that Rs500 and Rs1,000 notes were to be demonetized, stripping the value of 86 percent of the country’s circulating cash. Image: REUTERS/Danish Siddiqui

Tom Ward
Writer, Futurism
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