Impediments to Digital Transactions
Digital transactions face significant impediments:
Benefits of Digital Transactions
At the same time, these disadvantages are counterbalanced by two cardinal virtues:
Who Get Affected by Digitisation
Digitalisation can broadly impact three sections of society:
One simple measure that illustrates the size of these three categories is cell phone ownership. There are approximately 350 million people without cellphones (the digitally excluded); 350 million with regular “feature” phones, and 250 million with smartphones.