Electronic Commerce
Initially, the Internet was designed to be used by government and academic users, but now it is rapidly becoming commercialized. It has on-line "shops", even electronic "shopping malls". Customers, browsing at their computers, can view products, read descriptions, and sometimes even try samples. What they lack is the means to buy from their keyboard, on impulse. They could pay by credit card, transmitting the necessary data by modem; but intercepting messages on the Internet is trivially easy for a smart hacker, so sending a credit-card number in an unscrambled message is inviting trouble. It would be relatively safe to send a credit card number encrypted with a hard-to-break code. That would require either a general adoption across the internet of standard encoding protocols, or the making of prior arrangements between buyers and sellers. Both consumers and merchants could see a windfall if these problems are solved.
For merchants, a secure and easily divisible supply of electronic money will motivate more Internet surfers to become on-line shoppers. Electronic money will also make it easier for smaller businesses to achieve a level of automation already enjoyed by many large corporations whose Electronic Data Interchange heritage means streams of electronic bits now flow instead of cash in back-end financial processes. We need to resolve four key technology issues before consumers and merchants anoint electric money with the same real and perceived values as our tangible bills and coins. These four key areas are: Security, Authentication, Anonymity, and Divisibility.
Commercial R&D departments and university labs are developing measures to address security for both Internet and private-network transactions. The venerable answer to securing sensitive information, like credit-card numbers, is to encrypt the data before you send it out. MIT's Kerberos, which is named after the three-headed watchdog of Greek mythology, is one of the best-known- private-key encryption technologies. It creates an encrypted data packet, called a ticket, which securely identifies the user. To make a purchase, you generate the ticket during a series of coded messages you exchange with a
Kerberos server, which sits between your computer system and the one you are communicating with. These latter two systems share a secret key with the Kerberos server to protect information from prying eyes and to assure that your data has not been altered during the transmission. But this technology has a potentially weak link: Breach the server, and the watchdog rolls over and plays dead.
Harton, Ron. "Henry Thoreau as a Model for Nature Writing." 9 August 2009. The Thoreau Reader. Online Document. 17 March 2014. .
In his world-famous thought-provoking novel, Walden, Henry David Thoreau presents his readers with a simple, inspirational guide for living. Written beside the beautiful Walden pond and completely surrounded by an unencumbered natural world, Thoreau writes about his own relationship with the beauty that surrounds him. His book provides an outlet for everyone to learn from his lessons learned in nature, whether they be city-dwellers or his own neighbors. One of Thoreau's most prominent natural lessons running throughout his novel is that of his deeply rooted sense of himself and his connection with the natural world. He relates nature and his experiences within it to his personal self rather than society as a whole. Many times in the novel, Thoreau urges his readers to break away from their societal expectations and to discover for themselves a path that is not necessarily the one most trodden. He explains that everyone should "be a Columbus to whole new continents and worlds within you, opening new channels, not of trade, but of thought (341)." Walden inspires its readers to break out of the mold of tradition, away from outwardly imposed expectations, and out of the loyalty to society over loyalty to oneself in order to find truth and self in nature.
To commence, in the Elizabethan and Jacobean period, there were many important rules in regards to acting that players had to consider when performing in the Globe theatre. When Shakespeare wrote his plays, he included as many female characters as he did male characters. Nonetheless, the traditions and values of the Renaissance did not allow women to act or become actors, due to the fact that it was considered immoral for a woman to be on stage. At the time, they had no social status other than their association with their husbands or fathers. Moreover, actors were considered to have a low social status, thus it was considered improper and socially unacceptable for a woman to become a performer. Instead of editing all of Shakespeare’s texts to adher...
Henry David Thoreau wanted to express his thoughts to the world. He did so by writing Walden a book that gives insights on the world from Thoreau’s point of view. “Walden” gives valuable advice in all types of fields. It shows aspects of Thoreau’s personality and how he views the world. To the best of my knowledge, Henry has many characteristics that he expressed in this book. Most of what he wrote was impressive. Honestly, I was extremely enthusiastic about reading this. Initially, I thought it would be a book like Great Expectations. But my expectations were wrong. I did not think I would actually learn things. Surprisingly, it sparked motivation in me. I wanted to be more in touch with nature. It seemed like Henry David Thoreau had everything figured out. He was calm and thoughtful and he seemed to look at life in a different way. Being in solitude in nature must really get you in touch with your inner self. It allows you to look at your flaws and look at your talents. I was greatly intrigued by every page of Walden.
The opening paragraph is an incredibly vivid account of nights spent by “the stony shore” of Walden Pond. His description of the animals around the pond, the cool temperature, and the gentle sounds of lapping waves and rustling leaves all serve to remove the idea that nature is a wild and unkempt world of its own, and instead makes it seem much more serene and graceful. Any who thought of Thoreau as an insane outdoorsmen may have even found themselves repulsed by the monotony and constant bustle of city life and longing for the serenity felt by Thoreau. This
Bitcoin is a form of digital currency that is similar to physical cash stored in a digital form. It is the first fully implemented cryptocurrency protocol utilizing an open source peer-to-peer payment system. As a transfer protocol, it fundamentally functions as a money transfer medium that sends bitcoins from user to user without the need of a third-party intermediary and the system is protected by peer-reviewed cryptographic algorithms. This cryptographic digital currency simultaneously provides users a method to exchange money for free or a nominal fee, which is mutually beneficial for retailers and consumers. The main concern is that it can be used for illegal activities such as the purchase of drugs, weapons and other illegal goods. Albeit true, the concern also exists with all other forms of regulated currency, such as cash and wire transfers. Anonymity is one of the greatest Bitcoin perks, however, nothing is as untraceable as cash. It is the solution to the leading economic and security issues that have left everyone vulnerable, particularly in the wake after the Target security breach in which hackers stole unencrypted credit card and debit card data for 40 million customers’ as well as their pins over the span of two weeks before it was detected. In addition, these hackers were also able to obtain the names, addresses, phone numbers, and email addresses of 70 million customers (Andreesen 6). If Bitcoin were to be used as the standard form of payment, the transaction data does not identify the purchaser’s identity and all information is encrypted. It is the most secure payment method and is a more secure future. Bitcoin is a technologically innovative soluti...
Thoreau sees beyond the power and economic structures that society creates and offers an alternative. He uses Walden Pond as his central metaphor and recreates his experiences through his imagery. His recognition of the pond, and the natural world surrounding it, not only establishes an atmosphere for spiritual growth, but also succeeds in creating a paradigm for society to follow in order to achieve the same. He assembles an instruction manual for the purpose of spiritual discovery and discovery of the self.
WHO. (2006) Constitution of the world health organization [online] Available at: http://www.who.int/governance/eb/who_constitution_en.pdf [Accessed: 15 Dec 2013].
Michael Rodriguez James Maughn English 1A 20 May 2015 bitcoin fantasy. The Nation. The World. The World. ARE DIGITAL CURRENCIES THE FUTURE OF MONEY?
Over the last ten years people in the United State and around the world have heavily relied more on their debit or credit cards to process transactions of their purchases. In the old days it used to be when you would get your paycheck on Friday and rush to the bank during your break or lunch in order to cash withdraw your funds or deposit them into your account. It used to be where you carry cash to buy groceries, pay bills, and go shopping. Now some people don’t even set foot inside their bank branch because they are paid using direct deposit or the funds are loaded into a debit card provided by their employer. Many employers from around the globe don’t even issue paper check anymore.
Orgel, Stephen, and Sean Keilen. Shakespeare and Gender. New York: Garland Pub., 1999. Online text.
The invention of money is perhaps one of the greatest achievements of human civilization. From the very beginning of society, people have used money to circumvent the difficulties of bartering and to foster trade and commerce. Since then, money has come a long way. No longer do we need to rely on silver coins, cocoa beans, or even anything of intrinsic value to conduct our business; today, we use paper currency, which is convenient and easy to carry around. But slowly, we are moving into the digital age of money, an age in which less of our money is actually tangible and more of it is just data on a computer server. To some, this prospect may seem daunting. However, given the major advantages of electronic money over outmoded paper counterpart, society as a whole should embrace the upcoming era of digital money.
Every person with a job, no matter what occupation, makes an impact on society in some way, shape, or form. Some people leave their legacy by defending people in court, some saving lives in a hospital, and others planning and building works of construction. These planners have a large-scale effect on everybody in society and have an eye for detail, as well as enjoy using mathematics to ensure proper construction. That is why I have chosen architecture to be my career. An architect is a person who designs buildings and supervises their construction. A broader view of an architect is a person who is responsible for inventing or realizing a particular idea or project. Architecture varies from the pillars of the Greek Parthenon, to peoples’ homes. I often find myself marveling over the design of large-scale building projects such as the skyscrapers of New York City. Most of these buildings belong to a myriad of well-known companies such as Chase and Toshiba. That is why I have particularly chosen to become a commercial architect.
The use of credit and debit cards today are taking a tour in the sense that electronic cash is becoming more admissible as the world makes a switch towar...
A cashless society will further improve the globalisation that characterise our present time. The computerised systems can be used to decrease the quantity of paper trail therefore substituting paper cash with cashless credits or electronic money transfers. However, in a cashless economy, this will change with certain crimes almost eradicated. It will also be faster to generate electronic payments than cash as Near Field Communications (NFC) chips make their way into more payments cards and mobile handsets as well providing protection not applicable to purchases made using cash. This technology is simple with low power wireless link evolved from radio-frequency identification (RFID) tech that can transfer small amounts of data between two devices identifying us and our bank account to a computer. Another benefit of drawing nearer to a cashless society is that other companies are providing pioneering cash-free solutions to the payment related problems we come across. For example, WisePay, a provider of e-payments services, is deploying technologies that ensure parents no longer have to worry about sending their children to school with cash to pay for meals, excursions and other fees that will eliminate the likelihood of being caught short for cash or children misplacing money. The Government also has valuable explanations why they may deem to turn away from cash. Due the main factor of printing and distributing cash, not to mention ensuring the economy is free from forgeries which are all costly endeavours estimating that the cost to society of using cash is between 0.5 and 1.5% of GDP annually. In addition, there are many technological innovations that propose there is a real enthusiasm for an alternative to cash with the upsurge...