Read the passage below carefully:
For over three decades, the bustling Bodija market in Ibadan operated almost exclusively on cash transactions, relying on trusted local thrift collectors known as alajapupa to safeguard traders' daily earnings. However, the recent introduction of digital micro-credit platforms and mobile point-of-sale terminals has quietly reshaped this financial landscape. While younger traders swiftly adopted smartphone applications to purchase inventory directly from northern suppliers, older stallholders initially expressed deep skepticism, fearing system downtime and fraudulent electronic reversals. To bridge this divide, market union leaders partnered with local fintech representatives to conduct weekly literacy workshops inside the market hall. Interestingly, rather than abandoning traditional thrift arrangements altogether, traders began utilizing digital payments primarily for bulk, long-distance procurement while retaining cash-based thrift accounts for daily emergency needs and informal mutual aid. This hybrid model has not only stabilized sales during national cash stringencies but has also enabled micro-finance institutions to assess traders' creditworthiness using combined transaction histories.
Evaluate the following statement based on the passage:
The adoption of digital financial tools in Bodija market completely rendered traditional thrift collectors redundant.
Answer: Answer