Internet Business and E-Retail

Internet Business and E-Retail: A New Medium for a New Millennium? The Internet is no longer the sole domain of the nerd and the physics professor. Increasing use of the Internet in schools and the integration of Internet protocols into existing hardware (i.e. TV, mobile phones, and fridges) has widened the breadth and scope of Internet user. Britain currently has approximate. 21 million members of its population online and 14 million (30%) access the net at least …

…approx. 50% of our information transfer by 2007. Security issues have been widely reported in the media but with new security systems few sites have true security issues. E-retailers now have secure transaction processes that deter all but the most skillful of hackers, making crime a little rarer than in the terrestrial world. Entertainment is of course going to be a massive market and also a hothouse for innovation and development, MP3 being the most recent example.