Pitching For A Cashless Society Before Beefing Up, was it right?

A less-money to a cashless future is a commendable goal yet pitching demonetization as the gateway to that overcome new world is having everything out of order. A Google India and Boston Consulting Group study in 2015 demonstrated that 75 percent of transactions in India are still money based not at all like 20-25 percent in developed nations like the USA, Germany, and Japan. Most debit card transactions are still about withdrawing money anyway to get cash in hand. Is a nation as immense as India, with such fluctuating proficiency and technical literacy levels, even remotely prepared for that cashless world? Are the frameworks set up where it will be that considerably harder for somebody to take a secret key or a pin? Has the cybersecurity been thoroughly considered? The usage of the demonetization takes off and the U-turns and crisscrosses don't give much trust in that. It's enticing to imagine that innovation will be our savior however while digital money on ...