Structural Difficulties with the Internet will be Overcome

Michael Kare-Silver

Chapter 11 in e-Shock 2000, 2000, pp 161-172 from Palgrave Macmillan

Abstract: Abstract On the demand side, significant numbers of consumers are ready and waiting. On the supply side, technology and communication links are rapidly improving. All that is now required is a satisfactory infrastructure that can reassure consumers that their privacy will still be protected, their payment methods secure, that shopping in cyberspace will be as safe as anywhere else. This necessary reassurance is the final piece in the jigsaw. It will be the coming together and maturing of all the three elements – demand, supply and enabling infrastructure – that will trigger the surges of growth that are predicted for electronic shopping. The fusion of consumer interest plus accessible technology is perhaps the most critical. But underpinning that ‘marriage’ there needs to be a transaction infrastructure that is secure (Figure 11.1).

Keywords: Credit Card; Smart Card; Electronic Commerce; Personal Privacy; Data Encryption Standard (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-38967-0_12

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DOI: 10.1057/9780230389670_12

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