Human Kind and Information Technology

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 generally.
It is the consequence of this quest that in the early 40’s the precursor of modern day computing machines was initially invented. Ever since there has been no letting in the pace of progress in this exciting field which has profound effects on almost all the aspects of the present day day human beings.
The most important and popular offshoot of the computer or information technology may be the internet. It opens up unlimited vistas of knowledge in a fraction of second for the user. The options are literally limitless.
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One major branch of internet is the E-commerce. In its early days, it existed simply as a kind of facilitation for commercial and financial transactions. Since then it has really transformed.
Technologies such as electronic data interchange and electronic funds transfer were introduced plus they allowed the freedom to the businesses to communicate documents such as invoices via electronic network systems, securely. The growth of telephonic banking, credit cards and automated teller machines are too popular and form the back bone of e-commerce. There are numerous vistas in this regard which are growing as per the users need and information technology is providing an efficient and secure platform to them.
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 companies. In doing so, the user has the liberty to do such transactions from the safety of the house or office and preventing the physical hassle of likely to the financial institutions or the vendors.
E-banking and business of many sorts is now a standard occurrence and area of the daily routine of a big population.
The internet has eliminated the distances between friends and family. The internet provides web services of different sorts like, social networking services, chatting services with real time interaction and portals providing free lance work at home opportunities.
In the beginning no one had envisioned the growth spurt of the web and its allied e-commerce. The net 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 net was lately considered a medium for sharing mere text files. Now with advanced interface, animations, video and radio streaming the web has really evolved.
It really is professed that the computer technology especially the internet has a more profound effect on people’s lives as compared to the radio or television. This magical box, the computer using its flexibility is becoming one stop solution to all the media needs of today’s day person.

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