Sweden Needs Offline e-Cash Amid Russia-Ukraine War

The Ukraine-Russia War has shaken up the world in many ways. For the Nordic countries, two of which share borders with Russia (Finland and Norway), a military invasion is no longer unthinkable. For Sweden, it may also be prompting second thoughts about its “cashless society.”

According to a recent report in The Guardian, Sweden is worried about hybrid warfare attacks from Russia, including cyberwarfare. This can take down critical infrastructure like power grids on which digital payment networks depend. The Swedish government has even advised its…