My solution to a FEASIBLE and PRACTICAL plan to curb corruption

My solution to a FEASIBLE and PRACTICAL plan to curb corruption:

If they(i dont know who can do this) eliminate the cash component from the finance system, this can be curbed to a very large extent as then all transactions will be routed thru the banking channels and trakable. it is feasible too as banks have a deeper... penetration in both urban and rural areas. if the govt enforces this to create a bank account for every person with credit and debit machines spread all over, it will be much cheaper than the costs of public schemes. there are a lot of other variables too coming in the picture, but then this is the core idea.

(Paper money is just a printed paper with a promise. If they stop it, imagine the number of trees saved each year. Electronic money is just a number. ) 

Add to that the removal of material inheritance to the nominees from the system. This is not only one of the causes of corruption but also a big reason of fights and disparity. If this is removed every person will be forced to work to one's full potential right after one becomes an adult.