The 21st century has introduced the world to a new way of doing Business. It's now a foregone conclusion that global commerce will be as revolutionized by it as Henry Ford's rnass-production techniques were a defining characteristic of the 1900s.
It allows Internet-based purchase and sales transactions involving almost anything to be safely conducted at lightning speed. Safeguards are in place to make identity cheating, charge back prevention and funds verification (核实) much more of a surety than anything the conventional means of payment in the non-cyber world can provide. E-currency may only exist in the cyber world, but that is nothing new. It was officially accepted by the countries of the European Union in 1999 to simplify business by abolishing exchange rates, but it began life 20 years before that by private financial institutions who saw it as an idea that had to happen. It is now arguably the second-most influential currency in the world.
Experiential shopping is the next big thing. You order online on your phone, card or whatever, and it's delivered to you by the time you get home. Money is being already lent to people based purely on the positive rankings a person has on a website. Online paying is so difficult. Also, we're moving to a world where we all have one online ID. Whether it's your face, your fingerprint, your credit card or your mobile phone remains to be seen.
A. In modem England, the way people spend, earn, save and invest is being revolutionized.
B. You've got your log-ins, your password, card numbers and so on for different websites.
C. When the euro has already gone, today's e-currencies will follow.
D. By 2002, the euro had evolved from cyber-tender to hard cash.
E. Shops are like museums you can touch.
F. The euro began in the same manner.
G. The Business is e-currency.
