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Technology of Tomorrow: Is Physical Currency Going Extinct?

Technology of Tomorrow:  Is Physical Currency Going Extinct?

Today’s infrastructure cannot accommodate on a global level for the technology of tomorrow, says our expert Brandon Kostinuk of Vanbex. However, progressive policies supported by global economic players can rapidly change that.

Lisa Cheng, Vanbex Group CEO, who has years of experience dealing with Bitcoin and blockchain technology, says:

“To begin usurping traditional models of banking and finance we have to move society beyond our current understanding of currency and see that it exists today as digital value. Paper currency is on its way out and will be replaced entirely by digital forms.”

According Brandon Kostinuk, we are already in a globalized economy with digital assets floating everywhere. Even traditional banks, as it’s well known, store money electronically as financial information in databases.

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