Human Kind and IT

Human kind may be the most intelligent and evolving species to possess inhabited this world. Hence, it is always seeking knowledge, convenient means of communication and development in general.
It is the result of this quest that in the early 40’s the precursor of present day computing machines was first invented. Ever since there has been no letting in the pace of progress in this exciting field which includes profound effects on virtually all the aspects of the present day day human beings.
The most important and sought after offshoot of the computer or it may be the internet. It opens up unlimited vistas of knowledge in a fraction of second for the user. The options are literally limitless.
One major branch of internet may be the E-commerce. In its start, it existed simply as a form of facilitation for commercial and financial transactions. Since then it has really transformed.
Technologies such as for example electronic data interchange and electronic funds transfer were introduced and they allowed the freedom to the businesses to communicate documents such as for example invoices via electronic network systems, securely. The growth of telephonic banking, credit cards and automated teller machines are all too well known and form the trunk bone of e-commerce. There are various vistas in this regard which are growing as per the users need and information technology is providing a competent and secure platform in their mind.
The major electronic payment systems that govern current online transactions are credit cards processing systems and electronic payment gateways. The electronic payment gateways facilitate financial transactions online by authenticating credit cards and online bank accounts authorizing transactions. They connect the merchant’s website and the credit card companies. In doing so, an individual has the liberty of doing such transactions from the safety of the home or office and preventing the physical hassle of likely to the financial institutions or the vendors.
E-banking and business of several sorts is now a normal occurrence and section of the daily routine of a sizable population.
The internet has eliminated the distances between friends and family. The internet provides web services of different sorts like, social media services, chatting services with real time interaction and portals providing free lance work at home opportunities.
In the beginning nobody had envisioned the growth spurt of the internet and its allied e-commerce. The net browsers are instruments that have the power of finding and organizing the information quickly and thus have grown to be indispensable tools in the hands of common people.
The net was lately considered a medium for sharing mere text files. Now with advanced interface, animations, video and radio streaming the internet has really evolved.
It is professed that the computer technology especially the web has a more profound influence on people’s lives in comparison with the radio or television. This magical box, the computer with its flexibility has become one stop solution to all the media needs of a modern day person.

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