Electronic money
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Our minimal definition of "electronic money" is the following.
Instead of creating legal tender such as Dollars as banknotes or transactions in some complex obscure banking system, the government offers an official simple centralized API that represents it instead.
Each citizen or legal entity has an account there, and transfers between registered users are just simple API calls.
So for example you would e able to put all your money in the government account instead of using useless banks. And then you would invest it as you want with the investment company of your choice, without tying the "my money is here" with "this is the best investment" aspects of banks.