Blog Reviews: Collected Copies

Cass’s Blog Review:

In my review on this blog entry by Cass, your initial entry about the topic e-marketplaces was quite well done. It contains a good overall perspective of what the topic covers, but also the acknowledgement of the vast types of markets and consumers that e-commerce reaches. The mention of the three main types of e-marketplaces was good to see, as I did not mention this in my blog! The part about the risk that is present was also worth noting, as with every type of business there is an associated degree of risk involved.

I found the mention of trading shares online through the stock exchange good to see as it gave a personal relationship and experience to the e-marketplace from a different angle.Mostly I consider e-marketplace transactions as funds transfers, but never thought to consider share trading online. A good introductory blog.

Ellisa’s Blog Review:

Ellisa’s task one introduction was good, it framed how she felt about e-Commerce overall in relation to searching for information and conducting transactions online. I like how you set your blog entry out with clear headings and easy to read paragraphs.

I like also how you mentioned your favourite website to browse and purchase through. Very importantly people do use websites in a form of information seeking and gathering before going out in the real world. In the travel section, I do think that a major proportion of people now use online portals for booking flights and checking the best deals.

Obviously e-Bay is the biggest change I think to hit the e-tailing and commerce transactions overall. e-Bay allowed anyone with Internet access to become a seller of anything to anyone, anywhere. The fear of purchasing and performing real money transactions I think still haunt many people when they are considering who they are paying and how.

Lastly the concept of that information is power gives I think gives power to the Internet and e-Commerce in today’s modern World.

Christina’s Blog Review:

Christina, your blog gives good insight into your feelings about what and how the Internet can provide services, which other forms of commerce cannot. I think everyone can relate to how they enjoy “window shopping” and the power of free and convenient browsing of their favourite shops online. I almost find it disappointing in today’s very electronic based selling if a certain brand I am researching does not have a website to compare prices etc with.

Realistically also I think everyone goes through the thoughts of online banking security and the issues concerned with payment online. I initially had my doubts to whether it even worked when b-Pay started up and EFT were introduced. But now a few years on, at my place of work thousands of dollars are electronically transferred every minute, to and from accounts and into accounts where we don’t even know why such payment exists, but all seems to be figured out. Record of payment transfers is the key and very important, everything is somewhat documented within the Internet.
Sarah’s Blog Review:

In light to reading your blog Sarah, I think that anyone who in such a work environment as yourself can exactly relate to the numerous and complex security systems that are necessary to protect not only your own interests but the businesses as well. In my own job, the concept of Integrity is a backbone to the corporation. Information security is a continuous concern for both employees and employers.

Breach of security parameters can lead to entire businesses to collapse. We watched a doc video about corporation ENRON, once valued at $70 Billion dollars collapsed as internal security was jeopardised. Documents were internally leaked and stock prices fell.

Security systems are both created to control both internal and external business interests. When users are trying to log into the system from outside our network, more protocol security is used similar to then system you described. Even when employees are login in from within the building for example, the sensitivity of information still regulates tight security measures. Integrity is hard to build once lost.

Christina’s Blog Review:

All very true, the World is very quickly becoming cashless for good or for worse. I love the convenience of not having to carry or pay with cash, you cannot loose it and it can’t be stolen from you lol!

But I also find that with this easy access for paying everything with card, that when people are trying to budget that the odd amounts that are payed with ones card becomes a bit inconvenient as people will budget to the nearest $10 amount. When prices are $19.89 for example, those amounts tally up to leave odd amounts in ones bank account.

Concerning those new chipped MasterCard’s and Amex cards, I think these are a great new development in security for customer’s accounts, recently I came across an ATM skimmer on top the normal interface in Sydney. When a normal access card is placed through the slot, the skimmer reads the card info and either stores or wirelessly sends the account info to a computer at which the bank criminal can retrieve all your data! The police and bank branch were notified and they shut it down in about half an hour! Chipped cards provide such security that the normal magnetic security cannot.