 |
Science Fiction
Dictionary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
|
 |
First Cashless Society - In Somaliland?
Tiny Somaliland, an unrecognized country in the Horn of Africa, has 3.5 million people, 53,000 square miles and runaway hyperinflation. Take a look at this picture of some money changers with their bricks of cash.

(Somaliland money changers with bricks of cash)
For every dollar there are almost 17,000 Somaliland Shillings and the highest-denomination note is 500 Shillings, which is by no means the most common note in circulation. Money-changers sit within self-built stacks of money (picture left, video below) and children take wheelbarrows of it from one place to another...
A significant diaspora send American dollars home by using Dahabshiil, an African version of Western Union that is extraordinarily efficient... Selesom, the major mobile carrier has launched a service where cash is completely bypassed...
The diaspora will continue to wire money home but the recipients will no longer need to go to a bank or visit the money-changers.
They will only need their mobile for all transactions...
SF fans have seen cashless society idea before. The earliest exact reference I know about from sf (or anywhere else) comes from the prescient 1965 novel The Age of the Pussyfoot by Frederik Pohl. In the novel, the joymaker (a combination PDA, cellphone and information network browser that is still way ahead conceptually of Apple's iPhone) can be used to make purchases:
To use your joymaker as a credit card: You must know the institutional designation and account spectrum ...
(Read more about Pohl's cellphone credit card)
Learn about more ways to pay with your cellphone. Via Techcrunch.
Scroll down for more stories in the same category. (Story submitted 9/5/2010)
Follow this kind of news @Technovelgy.
| Email | RSS | Blog It | Stumble | del.icio.us | Digg | Reddit |
Would
you like to contribute a story tip?
It's easy:
Get the URL of the story, and the related sf author, and add
it here.
Comment/Join discussion ( 0 )
Related News Stories -
("
Culture
")
Who First Thought Of A Tin Foil Hat?
'We had discovered that metal was relatively impervious to the telepathic effect.' - Julian Huxley, 1927.
Robot Baristas Learn Their Trade Without Paying Royalties
'...so we've promised him a generous pension from the royalties.' - Anthony Boucher, 1943.
Vesuvius Challenge Accepted - Ancient Burnt Scroll Read!
'The image on the Trimagniscope tube was an enlarged view of one of the pocket-size books found on the body...' - James P. Hogan, 1977.
Humans Love Helping Other Species
'At the ringside opposite them a table had been removed to make room for a large transparent plastic capsule on wheels.' - Robert Heinlein, 1951.
Technovelgy (that's tech-novel-gee!)
is devoted to the creative science inventions and ideas of sf authors. Look for
the Invention Category that interests
you, the Glossary, the Invention
Timeline, or see what's New.
|
 |
Science Fiction
Timeline
1600-1899
1900-1939
1940's 1950's
1960's 1970's
1980's 1990's
2000's 2010's
Current News
Nuclear Plant Restarted To Power AI To Feed Us Dreams
'...Anything was possible in my imaginary environment.'
SpaceX's Starman Tesla Roadster In Space
'Somewhere in space, a chrome and blue automobile raced the green light of Earth.'
Pivotal Blackfly Electric Aircraft Lifts And Hovers
'That explains how it was so easy for me to remain motionless in midair...'
CORLEO Robotic Horse Concept Looks Ready To Ride
Imagine digging your heels in to a steam horse!
Who First Thought Of A Tin Foil Hat?
'We had discovered that metal was relatively impervious to the telepathic effect.'
Warp Drive Tech Back On The Menu
'Detailed plans for the construction of the Gundstetter-Halone warp drive were flowing.'
Huawei Pura X Folding Phattie Phone
Why can't we get more innovative phone configurations?
Sleep Pods At Daxing International Airport
'Do not waste your priceless company on the unappreciative folds of a sleep pod...'
Robot Baristas Learn Their Trade Without Paying Royalties
'...so we've promised him a generous pension from the royalties.'
JAXA Int Ball 2 Coming Right Along As Star Wars Remote
'Hocus-pocus religions and archaic weapons are no substitute for a good blaster at your side.'
Robot Bricklayer Or Passer-By Bricklayer?
'Oscar picked up a trowel. 'I'm the tool for the mortar,' the little trowel squeaked cheerfully.'
Robot Gas Station Attendant Pumps Gas For You
'... he waited for the robotrix attendant to finish fueling up his ship.'
Engineer Creates Crazy Motorized Track Hospital Bed
The Roujin Z system provides care to fully bedridden patients - and then some!
Tiny Flying Robot Weighs Just One Gram
'Aerostat meant anything that hung in the air. This was an easy trick to pull off nowadays.'
Some Ringworld Configurations Are Stable
'The Ringworld had no horizon. There was no line where the land curved away from the sky.'
TRANSFORM Dynamic Furniture Concept Becomes What You Need
'An adjustment panel outside the door would cause it to extrude various appurtenances in memory plastic...'
More SF in the News Stories
More Beyond Technovelgy science news stories
|
 |