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Published in:
2023 | OriginalPaper | Chapter
2. Payment Technologies in the Smart City Context
Author : Donald Graham
Published in: Integrated Electronic Payment Technologies for Smart Cities
Publisher: Springer International Publishing
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Abstract
Over the last 20 years, technology and the financial markets have revolutionized. Digital payments have become ubiquitous with the advent of the mobile phone and e-commerce on the world wide web. Furthermore, purely digital currencies and blockchain have taken payment systems to a new level where no central bank or physical money is needed for transactions and payment of debts, as this is all done through digital methods.