According to Eswar Prasad, the financial sector is on the verge of a tremendous upheaval that will effect businesses, bankers, governments, and ultimately, all of us. Currency reform will significantly alter how the average person goes about their daily life. It is Prasad’s belief that physical cash will be phased out completely. Central banks will be the driving force behind the development of their own, more solid digital currencies, not phones or credit cards. While this is going on, the cryptocurrency market will continue to evolve in unpredictable ways due to the involvement of large global firms like Facebook and Amazon. Innovators are already transforming finance and revolutionizing how we invest, trade, insure, and manage risk as a result of the upcoming developments.