Human Kind and IT

Human kind is the most intelligent and evolving species to possess inhabited this world. It is therefore always seeking knowledge, convenient means of communication and development in general.
It is the consequence of this quest that in the early 40’s the precursor of present day computing machines was first invented. Ever since there’s 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 popular offshoot of the computer or it is the internet. It opens up unlimited vistas of knowledge in a fraction of second for an individual. The possibilities are literally limitless.
One major branch of internet is the E-commerce. In its start, it existed simply as a form of facilitation for commercial and financial transactions. Since that time it has really transformed.
Technologies such as for example electronic data interchange and electronic funds transfer were introduced plus 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 popular and form the back bone of e-commerce. There are several vistas in this regard which are growing according to 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 bank cards processing systems and electronic payment gateways. The electronic payment gateways facilitate financial transactions online by authenticating bank cards and online bank accounts authorizing transactions. They connect the merchant’s website and the credit card issuers. In doing so, an individual has the liberty to do such transactions from the safety of the house or office and avoiding 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 web has eliminated the distances between friends and family. The web provides web services of different sorts like, social networking services, chatting services with real time interaction and portals providing free lance business opportunities.
In the beginning no one had envisioned the growth spurt of the internet and its allied e-commerce. The web browsers are instruments that have the ability of finding and organizing the info quickly and thus have become indispensable tools in the hands of common people.
The web 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 really is professed that the computer technology especially the internet has a more profound effect on people’s lives when compared with the air or television. This magical box, the computer using its flexibility has become one stop solution to all the media needs of today’s day person.

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