Human Kind and Information Technology

Human kind is the most intelligent and evolving species to have inhabited this world. It is therefore always seeking knowledge, convenient means of communication and development in general.
It is the result of this quest that in the first 40’s the precursor of present day computing machines was initially 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 information technology is 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 early days, it existed simply as a form of facilitation for commercial and financial transactions. Since that time it has really transformed.
Technologies such as electronic data interchange and electronic funds transfer were introduced and they allowed the freedom to the businesses to communicate documents such as invoices via electronic network systems, securely. The growth of telephonic banking, bank 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 to them.
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 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 avoiding the physical hassle of going to the financial institutions or the vendors.
E-banking and business of many sorts is now a standard occurrence and section of the daily routine of a sizable population.
The web has eliminated the distances between family and friends. The web provides web services of differing types like, social media 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 web browsers are instruments which have the power of finding and organizing the information quickly and thus have become indispensable tools in the hands of common people.
Questions & Answers
The web was lately considered a medium for sharing mere text files. Now with advanced user interface, animations, video and radio streaming the internet has really evolved.
It really is professed that the computer technology especially the web has a more profound influence on people’s lives as compared to the air or television. This magical box, the computer using its flexibility is becoming one stop solution to all of the media needs of today’s day person.

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