Skip to main content

The Greek Crisis & CO.D.TRA (Code of Digital Transactions): Mobile Payments and the Global Info-Cash (GIC)

  • Chapter
  • First Online:

Part of the book series: Innovation, Technology, and Knowledge Management ((ITKM,volume 28))

Abstract

The info-communication globalization is a dynamic process concerning transformation through digitalization of transactions in social, political and cultural systems (see also, Urry 2003; Gantzias 2001; Webster 2002; Nash 2008; Gantzias 2012). This type of digital globalization exerts strong pressure on the traditional banking and monetary systems. Mobile payments and the digital form of money, i.e., the Global Info-Cash (GIC) are likely to be a way for Greece to emerge from crisis by the 2015. The digitalization of payments transactions for sums exceeding 1,500 Euros together with the forthcoming new electronic taxis system after the Greek elections are serious indications that the Code of Digital Transactions (CO.D.TRA) as an idea for the mobile payments in Greece is an alternative way for battling tax evasion (see also, Gantzias 2012; Mavros 2011; The Daily Mirror 2011; Dicker 2007; Gantzias 2010; Tapscott 1996).

This is a preview of subscription content, log in via an institution.

References

  • BBC (2011) Orange customers of everything everywhere get mobile payments http://www.bbc.co.uk/news/technology-12287009. Accessed 27 Jul 2011

  • Bell E (2003) The blogs of war. The Observer, 30 March

    Google Scholar 

  • Brown B (2010) Euro crash: the implications of monetary failure in Europe. Palgrave Macmillan, UK, p 4

    Google Scholar 

  • Castells Manuel (2009) Communication power. Oxford University Press, New York

    Google Scholar 

  • Castells Manuel (1996–1998) The information age: economy, society, and culture (1998). Volume I: the rise of the network society (1996). Volume II: the power of identity (1997). Volume III: end of millennium. Revised edition for volumes I and III (2000). Blackwell, Oxford

    Google Scholar 

  • Crawford J, Marks S (1998) The global democracy deficit: an essay in international law and its limits. In: Archibugi D, Held D, Kohler M (eds) Re-imagining political community: studies in cosmopolitan democracy. Stanford University Press, Stanford

    Google Scholar 

  • Dicker P (2007) Economic globalization: corporations. In: Ritzer G (ed) The Blackwell companion to globalization. Blackwell, Oxford, pp 291–306

    Google Scholar 

  • Gantzias George K (Forthcoming) Info-communication globalisation, participatory freedom and the global info-cash (GIC) http://www.globalinfocash.com

  • Gantzias George (2012) Info-communication globalisation and the global info-cash (GIC): A Practical Way for Greece to Emerge from Crisis. In: Liargovas P. Greece: Economics, Political and Social Issues, Nova Publishers, USA

    Google Scholar 

  • Gantzias George K (2010) The Crisis is an opportunity to Greece: from euro to info-cash, Kosmos of Ependitis, Economic Newspaper, 15 May, p 20

    Google Scholar 

  • Gantzias GK (2001) The dynamics of regulation global control, local resistance: cultural management and policy. Ashgate, Aldershot, pp 37–44

    Google Scholar 

  • Gantzias George K (2000) Communication systems in the 21st century: reform and public interest. In: George K, Gantzias, Dimitris Kamaras (ed) Digital communication, new media and the Greek information society: convergence, ‘E-commerce and portals. Zenon publishers, London, p 11–56

    Google Scholar 

  • Gantzias G (1998) The info-communication industry: digital markets global services. Zeno Publishers, London

    Google Scholar 

  • Gantzias G, Kammaras D (2000) Media. In: Speake G (ed) Encyclopaedia of Greece and Hellenic tradition, vol 2. Fitzroy Dearborn, London, pp 1020–1023

    Google Scholar 

  • GeBloch M, Fontela E (2003) Mobile communication from voice to data. Info 5(2):24–33

    Article  Google Scholar 

  • Herman ES (2005) The propaganda model: a retrospective. Cult Technol Policy J 1:5–22. doi:www.ctpj.info or http://www.eklogesonline.com/ctpj/en/articles.asp?state=articles

    Google Scholar 

  • Lievrouw LA, Livingstone S (2002) Handbook of new media social shaping and consequences of ICTs. Sage Publication, London

    Google Scholar 

  • Littlechild S (2000) Privatization, competition and regulation. IEA, London

    Google Scholar 

  • Mavros George (2011) Digital Money will save us! Social Issues, Imerisia, Economic Newspaper, 12/13 Mar 2011, p. 38–39. (http://www.imerisia.gr/article.asp?catid&=&12333andsubid&=&2andpubid&=&102955157#). Accessed 13 Jul 2011

    Google Scholar 

  • McKnight LW et al (2001) Creative destruction. MIT Press, Cambridge, p 3

    Google Scholar 

  • Manolopoulos J (2011) Greece’s ‘ODIOUS’ debt. Anthems Press, London

    Google Scholar 

  • Nash K (2008) Global citizenship as show business: the cultural politics of Make Poverty History. Media Cult Soc 30(1):167–181

    Article  Google Scholar 

  • Negroponte N (1995) Being digital. Hodder ans Stroughton, London

    Google Scholar 

  • Palmer Maija (2011) Racing to make mobile wallet pay. Financial Times, 27 December p. 21. www.ft.com

  • Pilbeam K (2010) Finance and financial markets, 3rd edn. Palgrave Macmillan, London, pp 457–481

    Google Scholar 

  • Seaberg JG, Hawn J, Dincerler GE, Eugster CC, Rao N (1997) Attackers versus incumbents: the battle for value in an IP-networked world. McKinsey Quart 4:138–153

    Google Scholar 

  • Selwyn LL and Laszlo JW (1997) The effects of internet use on the Nation’s Telephone Network. Report prepared for the Internet Access Coalition, 22 July.

    Google Scholar 

  • Tapscott D (1996) The digital economy: promise and peril in an age of networked intelligence. McGraw-Hill, New York

    Google Scholar 

  • Taylor P, Palmer M (2011) Google reveals mobile payment plan. Financial Times, London. http://www.ft.com. Accessed 27 May 2011

  • Terranova T (2004) Network culture: politics for the information age. Pluto Press, London, pp 39–75

    Google Scholar 

  • The Daily Mirror (2011) New mobile phone payment system. http://www.mirror.co.uk/news/latest/2011/05/20/new-mobile-phone-payment-system-115875-23142805/. Accessed 27 Jul 2011

  • Webster F (2005) Making sense of the information age: sociology and cultural studies. Cult Technol Policy J 1:49–66. doi:www.ctpj.info or http://www.eklogesonline.com/ctpj/en/articles.asp?state=articles

    Google Scholar 

  • Webster F (2002) The information society revisited. In: Lievrouw LA, Livingstone S (eds) Handbook of new media social shaping and consequences of ICTs. Sage Publication, London, pp 22–34

    Google Scholar 

  • Webster F et al (eds) (2003) The information society reader. Routledge Student Readers, Routledge

    Google Scholar 

  • Urry J (2003) Global complexity. Polity, Cambridge

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to George K. Gantzias .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2013 Springer Science+Business Media New York

About this chapter

Cite this chapter

Gantzias, G.K. (2013). The Greek Crisis & CO.D.TRA (Code of Digital Transactions): Mobile Payments and the Global Info-Cash (GIC). In: Carayannis, E., Korres, G. (eds) European Socio-Economic Integration. Innovation, Technology, and Knowledge Management, vol 28. Springer, Boston, MA. https://doi.org/10.1007/978-1-4614-5254-6_6

Download citation

Publish with us

Policies and ethics