From Coins To Cryptocurrency – A Bestselling Book On The Australian Economy

On the 7^th of September, a new game-changing book was released on the Amazon bookstore – namely: PAYMENTS AND BANKING IN AUSTRALIA – From Coins To Cryptocurrency, How It Started, How It Works And How It May Be Disrupted.

In this book, Nikesh Lalchandani tells the story of Australia’s economy, it’s ups and downs, and how it is permanently changing due to cryptocurrencies and other blockchain technologies.

Bestseller Status Reached

Three weeks after the day it came out, Nikesh’s book has hit the number 1 spot in the Business category of books sold on Amazon Australia.

Born in Australia from Indian heritage, Nikesh has studied engineering, computer science, finance, and IT at the University of New South Wales and Deakin. After a history of involvement with various start-up firms and successful business ventures, Nikesh worked for the Commonwealth Bank of Australia, where he headed departments focused on research and emerging technology that can be applied to the world of finance.

For the first time, Aussie readers have access to a comprehensive guide of the financial world, of payments and banking centered on the Australian continent.

 The book explores the history of Australian payments and banking, while also bringing ideas that could be used to improve current systems and modus operandi to streamline banking procedures. In his book, Nikesh explains how he believes blockchain technology could end up being as much of a game-changer as other projects originally started by enthusiasts – such as PayPal.

“We are on the verge of a revolution: this book provides a direction of what the future could look like and empowers the reader to make that vision a reality.”

The 508-page book is a thorough exploration of the financial mechanisms and regulation in banking and payment systems from cheques to cards and cryptocurrency.

In addition to a view at the techie side of things, the book also examines the culture and framework that have traditionally caused problems in the Australian financial sector and takes a broad look at alternatives currently available to investors.