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Equilibrium: Speculations about how interactions with money will look like in a cashless society
University of Arts, Crafts and Design, Department of Design, Interior Architecture and Visual Communication (DIV), Industrial Design.
2021 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

This thesis aims to answer the question how our relation to money will look like in a potential cashless society. 

In a world where all cash has disappeared and the only existing way of paying is digital, what will the notion of money be? How are we interacting with it? How is it affecting our way of spending and saving? With the digitalization of money comes a lot of potential problems that may not be as clear in the beginning, and are being over shadowed by the much clearer and easier to grasp benefits. People tend to spend much more when using a card instead of paying with cash. Overspending a budget is easy when borrowing money through services such as “Buy now, Pay later” - payments. There is no difference between paying 50 units and 5000 units when doing it through the internet. 

What will this do to us in a future society?

By using Sweden as a context, this thesis is exploring how the transition to a cashless society will look like and the consequences it may have. Initially having a user centered-focus, trying to solve problem, the project takes a turn and switches to a more speculative point of view, exploring different possibilities of how we can connect and interact with money. The final proposal includes three probes acting as conversation pieces, enabling a discussion regarding the removing of cash. 

Place, publisher, year, edition, pages
2021. , p. 35
Keywords [en]
Cashless Society, Digital Money, Speculative Design, Cash, Money, Pain of Paying, Abstraction, Tangibility
National Category
Design
Identifiers
URN: urn:nbn:se:konstfack:diva-7847OAI: oai:DiVA.org:konstfack-7847DiVA, id: diva2:1566231
Educational program
Design - Individual Study Plan in Design (Master)
Supervisors
Examiners
Available from: 2021-06-15 Created: 2021-06-14 Last updated: 2021-06-15Bibliographically approved

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-cite-them-right
  • oxford-university-press-humsoc
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
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  • asciidoc
  • rtf