Some economists believe we are making strides toward becoming a cashless society. But taking the wider view, the role of cash is changing as new kinds of cryptocurrencies are becoming more popular. The main appeal of these digital currencies is their use of a distributed ledger called blockchain. Despite these initial gains and advantages, cryptocurrencies are showing some early teething issues, mainly related to data security. Cybersecurity and risk management will be a necessary and pivotal part of that discussion. The Federal Reserve is considering new systems aimed at reducing these risks next year.”]
Source: https://securityintelligence.com/the-rise-of-the-cashless-society/