$70 690
+1,21%
$3579,68
+0,64%
$0,2014
+10,14%
$0,0796
+8,31%
$0,032
-2,03%
Published by: 20:30, 14 June 2018

Evolution of business processes on the Internet

The evolution of the Internet is ongoing and almost imperceptible to our eyes. Initially, the Internet was used to communicate a very narrow circle of people, but over time, business processes came to the Internet. We will talk about them today.

Evolution of business processes on the Internet

Evolution and business processes on the Internet.

The first website (http: // info.cern.ch) was launched 20.12.1990 and was a description of the concept of the WWW-World Wibe Web project. What we see in the screenshot of this site is very difficult to call a site, but nevertheless, it all started with this. Later, websites of large and not very large companies appeared. Business became interested in the Internet and technology began its rapid development.   evolution.first-site  Airlines, book and cassette retailers pioneered e-commerce. In 1992, the books online store was opened.com, and in 1994 the Amazon online store.com. Interestingly, it was online stores that gave a new impetus to the development of electronic payment systems.

According to some reports, in 2004 the volume of transactions in online stores exceeded one million US dollars. And already in 2007, the turnover of online stores exceeded one hundred million dollars. At the end of 2017, the turnover of online commerce in the world exceeded 1.5 trillion US dollars, and continues to grow steadily. And we'll go back to those glorious years.

Now many pioneers of e-commerce with nostalgia recall this golden time of the birth and heyday of e-commerce. I recall the first difficulties and distrust of people, I recall the scammers and the abuse of trust of the first buyers. At the same time, I recall the almost complete absence of competitors and the fabulous income of the first online stores. I remember the dot-com boom.

Evolution of the Internet. Dot-com boom that turned out to be a bubble.

I'll tell you the truth, during the beginning of this boom, I studied at the institute, and did not even imagine that there was a boom in the world. Some of my fellow comrades have already taken timid steps in e-commerce, but there were very few such people in my environment. For the time being. But I remember very well the beginning of 2000, when this boom took the shape of hysteria.

But first things first. After the dizzying success of the first online stores in the United States, investors woke up interest in any companies related to the Internet and Internet commerce. Where there is demand, supply immediately appears. The number of companies that announced their developments in this area began to grow rapidly.

They began to conduct an IPO (Initial Public Offering) - the first public sale of shares of a joint-stock company, including in the form of a sale of depositary receipts for shares, to an unlimited number of persons.    Because of the attachment demand, the price of these shares was more expensive in a short time. Familiar picture? I am familiar.

Since all this could not continue forever, in the early 2000s this boom began to resemble the stock exchange bubble more. In 2002, this bubble burst and provoked the massive ruins of Internet companies. Everything turned out to be a banal simply, human greed once again defeated the mind, many investors lost their money.

Why did the dotcom-boom turned into a dotcomb bubble?

one. The assessment of the activities of Dotcom-companies was carried out using non-economic indicators. In their estimates of the estimated cost of Internet startups, many stock analysts were given the desired for the actual. The value of the startup was evaluated by the number of potentially possible users of the Internet resource, which she developed. The calculation was based on the fact that the value and usefulness of the Internet increases depending on the number of computers participating in the network. In theory, this is true, but many Internet startups did not have a solid economic foundation in order to become a reliable long-term asset.

2. Overestimating the assets and value of Internet companies. Almost all Internet companies were very overvalued, that is, they were very expensive, but at the same time they did not generate income, or brought annual losses. But despite the economic indicators, the optimistic mood of the majority of investors and analysts provoked further growth in their value.

3. Incorrect assessment of the prospects of assets of Internet startups. Instead of an attentive and comprehensive approach to analyzing the prospects of companies and their business plans, newbie investors invested money in an empty, unsubstantiated project idea and its theoretical prospects. At the same time, an integrated approach to the analysis of a potential investment object involves a comprehensive study of indicators such as the volume of debt obligations, the rate of return, the amount of dividends, sales forecasts.

four. Ignoring the connection between dot-com stocks and stock market fluctuations. (I slammed this point here- a source) It is believed that the relationship between fluctuations in the stock market index and the stock price of an individual company indicates the stability of the latter. This relationship is assessed using the beta coefficient. 

If its value is less than one, it means that fluctuations in the stock index insignificantly affect the stock price. If more than one, then exchange fluctuations are an important factor determining the value of shares. The value of the beta coefficient of companies considered reliable is in the range of 0.3-0.5. 

For Internet companies, it was in many cases close to 2. This meant that when the stock index fell, the losses of investors were very large.No matter how the dot-com bubble burst, many companies and investors went bankrupt, but many internet startups have implemented their ideas.

It is thanks to the dot-com boom that we are now seeing such a developed Internet infrastructure and Internet availability in almost all corners of the world. At the same time, the stocks of many Internet companies organized during this boom made their owners very wealthy. Nowadays, websites and online stores have become an integral part of the lives of many people. The Internet trading market is constantly evolving, the threshold for entering it increases along with competition. As a friend of mine said, "e-commerce has become a battle of advertising budgets. But nevertheless, now it is difficult to find a successful business that does not have its own website, portal or online store on the Internet. And I'm going to describe the next stage in the evolution of the Internet.

Evolution of business processes on the Internet - asset tokenization systems.

It is not by chance that I come step by step to the main idea of ​​this article. With the advent of blockchain technology, it became possible to tokenize real assets. I have already written several reviews on this topic: Online store tokenization. Melbis Shop Review. Token and tokenization of assets Tokens and property management Real business and tokenization.

Evolution continues. It seems to me that very soon all our usual online stores will turn into systems for the sale of tokenized assets. Consumers, most likely, will not even notice this, because they are interested in benefits, reliability and safety. All this is solved using blockchain technology and tokenization.

The most interesting thing, technologies and software solutions allow to implement it relatively quickly, implement it, and reach the first profit. Now is the time to start! Готовых и работающих систем токенизированных активов пока мало, конкуренция не велика, порог входа приемлемый. И самое главное, пузырь блокчейн-решений либо уже сдулся, либо еще недостаточно надулся))) Нам остается работать и двигаться вперед, чтобы не вымереть как динозавры.
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