INNOVATION: THEME 6
Information Technology 2: Reviving the promise of internet trading
At the end of the twentieth century, selling goods over the internet failed to live up to its promise because of payment and delivery problems. It's worthwhile taking a fresh look at how we can solve these problems because trading over the internet offers the best chance for small innovative businesses ranging from organic farmers to inventors to minimise distribution costs by selling their products direct to the public.
In the hyperlinked article Reducing credit card and tax fraud in the internet trading age a suggestion is made for making secure payments over the internet. The article also indicates how the new payment system could be used to make tax collection from internet traders easier.
In the hyperlinked article Internet shopping: Solving the home delivery problem we offer new thinking on how to improve the security and convenience of home delivery services.