In these days of innovation, when the technical revolution is gaining ground more and more, more and more things are moving into digital space or are working closely with it. The century of high technologies has already touched almost all aspects of life, as well as all spheres of interests, including the economy, resulting in such a completely new phenomenon in the market as electronic commerce. It also goes increasingly into the measurement of bytes and bits of information. Let us briefly review those features of cash transactions that have acquired an upgrade and have switched almost completely to the "figure".
Well, the first thing will be direct financial transactions with cash (not offshore and tranches, only money). Since 2011, electronic bidding has become more and more popular, since holding an auction in electronic form as a phenomenon is no longer a novelty, but a familiar thing. A lot of transactions on bidding, selling or buying lots of electronic auctions are made in the virtual space. And the secrets, as always, are simple and obvious. Auctions, like financial transactions, can collect people from all over the world (it is worth recalling the cases of the sale of old paintings). It is not always possible to appear at the auction personally, or to provide an assistant to replace the player’s presence in this financial field. The way out was the global global web of the Internet, which covers the whole world. Now, customers were able, without leaving the premises and, while being anywhere in the world, to purchase or sell something at auction. Of course, not only convenient, but also profitable.
Electronic bidding since 2011 and their volume is constantly growing, so that in the near future more than 60% of both transactions and auctions will be executed in a single free economic space of the Internet.
An auction in electronic form concerns not only direct transactions on the purchase / sale of various objects, but also touches on the topic of foreign exchange transactions, as well as money transfers. It is worth recalling a vivid example of currency exchange in the Forex markets. They were created in order to conclude transactions between participants it is advantageous to exchange one currency for another, having lost as little commission as possible in this process.
Since 2011, electronic bidding on hedging and foreign exchange transactions has made a leap forward. Now, more than 60 percent of transactions are made directly through the channel "customer-seller", using a single digital space.
E-commerce these days is more than just two words in a direct entry. It provides amenities that are on hand to all parties, as well as a win in any situation, while regardless of location. It is profitable and fast, which saves both money and time of the customers as well as the staff that services financial transactions. This is a huge step forward towards a better future. After all, almost everything except life and its features relating to it is built on money. The expression “Money makes the world go round” is noteworthy, since it really is true. Now the money directed in the right direction, plus modern information technology gives a huge profit at an insignificant cost. E-commerce efficiency is growing, and the efficiency of a well-functioning system will soon reach the heights of a skyscraper. It is not measured in meters, points or figures, but is measured in the well-being of people, since everyone’s daily financial life also depends on these electronic networks that process all the money before getting into any of us’s hands.
There is nothing wrong with innovations, as they are leading the world for the better, and electronic bidding since 2011 is also designed to accelerate progress in the field of trade.
As a result, advanced e-commerce technology should strive for the formula: economy plus High technology - equally the path to a better future.