Somaliland: The first cash-less society?
Currency in the tiny African nation of Somaliland is so plentiful that children roll wheelbarrows filled with money from place to place and money-changers craft chairs out of the bills. The country has no ATMs and almost all merchants refuse to accept credit cards. Combined, these factors mean that Somaliland could become the first cash-less society.
TechCrunch guest blogger Monty Munford explores how the unrecognized nation tuck away in the horn of Africa could transition into a cash-less society.
Full story at TechCrunch.
