Quote from: Zalura on December 18, 2018, 01:06:07 AM

Quote from: tenebriscaelum on November 29, 2018, 09:14:07 AM

This kind of technology is mostly seen in the neighboring countries of the Philippines. Countries like China, Hong Kong, Taiwan, Korea and Japan are using cashless payment but mostly it is seen in the shopping malls but this step in using cashless payment in a public place is a big step forward considering that the Philippines is a third world country. I just hope that it will gain support from their local government in Valenzuela and support form the people because it is such a good project.

cashless trading has been very much done in third world countries, because the trade system has progressed rapidly, all countries have experienced changes in the pattern of payments, the Philippines may be a small part of a third world country that is undergoing change, because the future for the country who do not follow changes in the payment system, must be abandoned from the world of global trade, or will be eliminated in the global economy.

We can also see that these third world countries are also getting very high profit from this field. One of the reason that there countries are in this field because it is a decentralized system and anyone can get involved in it without any restriction so they are here when are denied from other digital systems.