E-Commerce: The Big Picture

Our life and business has already been transformed by E-commerce. However, it is just a tip of an iceberg, and the innovations will create a bundle of opportunities for businesspersons. As happens in all trends, the best way to take benefit of them is to be there in the start, know their growth and what they present, and use them as you need to reap benefits. This article presents 10 revolutionary products approaching the global markets and making a tremendous impact.

1. Smart cards

Smart cards are small computers built into a wallet-sized piece of plastic. They are similar to credit cards and magnetic-strip cards we are familiar with, but they are in another domain of power. It is like comparing a modern desktop PC to a 20-year old calculator. The importance of smart cards – and the imminent smart-card revolution – is their hidden power to be the medium through which a large group of financial transactions, especially at consumer level, will be conducted. In many arenas, they will stand in lieu of money. As the chips inserted in the card get smarter, they store more information and operate more tasks. Card security becomes almost infallible (see Biometrics below). Smart cards are useful for increasingly complex operations. The card 먹튀검증 will have worldwide recognition; this card has the capacity to control your cash, credit cards, bankcards, bank accounts, discount cards, club memberships, personal financial data and access to various other personal financial possessions. These tiny pieces of plastic are indisputably becoming the personal building blocks of global e-commerce.

2. Biometrics

Smart cards are a great idea, but unless they are absolutely secured, the potential for financial tragedy is shocking. Present security methods such as PIN numbers are not sufficient. Biometrics is a technology that determines the identity of an individual by six matchless physical features: fingerprints, palm prints, iris patterns, retina patterns, facial details and voice. Though, fingerprinting is amply used, iris scans are more authentic – and they are miraculously quick, clean and easy to use. To assure your ID, you look into a scanner, which takes an instant reading, makes quick verification against your stored ID and gives an immediate result. This technology is not used much: at international airports in Amsterdam and Paris, airport staff and select passengers have biometric cards that allow speedy pass through security counters. Biometrics is the magic stick that guarantees to make all e-commerce secure, and some think biometrics will ultimately facilitate us to dispose of cards, keys and personal ID. For instance, in a supermarket, all you need to do is look in the scanner, and the cash register will hook up you to your personal bank accounts.

3. Organic chips

If microchips become faster, smarter and cheaper, many developments in e-commerce can be realized. It is not easy to come up with just one of those developments, let alone all three in a single chip, yet that appears possible in the near future. The discovery that is going to make it possible is the evolution of “organic” chips, which are manufactured from semi-conducting polymers instead of silicon. The possible ability of these tools is exceptional. Already some of the polymer materials have enabled device features to scale down to less than 20 nanometres (a nanometre is a billionth of metre, and objects at “nano size” are about 1000th of the thickness of a human hair). 1000th of the thickness of a human hair.) While silicon chips require a complicated, overpriced and time-consuming production course, organic chips can be manufactured quickly and simply, and this makes them inexpensive. An extra advantage: they are flexible, and this offers a good opportunity of some interesting advances. Organic chips are already used in cellular phones and car-audio apparatus, but they have the potential for unparalleled usages such as wearable computers and even flexible display units that can be rolled up and carried around like newspapers or magazines.

4. WiMAX

Anybody who has used a wireless laptop realizes that one needs to be familiar with a Wi-Fi transmission point for the system to work. Like mobile phones, they cannot be used everywhere. When a new system called WiMAX becomes available, that will be changed. It is a robust transmission system that will strengthen wireless-broadband access even in distant areas. As said by developers, Wimax is far more robust than 3G, which will indisputably have further implications for the evolution of hand phones

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