Social Studies, 13.10.2019 02:01 isudgyia

Do you think cashless transaction can reduce crime rate and corruption why?

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I don't know if you have to have any requirements in your answer, but I'll give you two possible answers.

Yes:

Cashless transactions can reduce the crime rate and lower corruption. When people decide to rob a bank or store, they decide to run in there, threaten the owner/employee, and then require they hand the money over to them. However, if there was no money in the establishment, then there would not be a clear reason for breaking into a business. If society accepted cashless transactions, then there would be no cash for criminals to physically steal.

No:

Cashless transactions will not lower the crime rate or corruption in society. The criminals tactics and techniques of gaining undeserved wealth and riches are evolving. If there were a cashless society, it would be, or similar to, an electronic currency. However, as a reaction to computers and other technology, law enforcement must deal with cyber-criminals transferring the currency into their account from others. Even today, this is happening with credit cards, bitcoin vaults, and more cashless methods.

Hope I could help you out! If my answers were not what you were looking for, please let me know. However, if my answers assisted you greatly, please consider marking my answer as Brainliest! :)

Have a good one.
God bless!

Answer from: Quest

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Answer from: Quest

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