Digitising Cash, in Cash driven society
- Status: Pending
- Prize: $100
- Entries Received: 5
Need a viable, sustainable, low cost solution to convert an ecosystem of people (10 million+ population) from using cash to transforming to digital wallets. Looking for the model/concept to convert hard cash into digital wallet. In principle cash (money) can not be destroyed and therefore not viable.
Objective: Replace a traditional bank concept of accepting cash with a new concept thats low cost to deploy into rural environments.
Concept can not be reliant on any 3rd party