Share on LinkedInShare on LinkedIn

ARTICLE · 15 OCTOBER 2001

E-Commerce Opens New Business Technologies

PanamaCorporate/Commercial Law

General

E-commerce becomes one of those words brought by a new era or technological revolution. It has rushed into our lives so fast that not everybody understands what it actually is, how it works and why; is it dangerous or is it a new "El dorado" hi-tech society we are moving towards? In the entire human history, no one invention has ever captured human attention in the way the Internet has. Just to illustrate, compare how many years it took for television to become popular after it was invented in 1926, or electricity, invented in 1887. Literally ten years ago the Internet came into existence and today has captured hundreds of millions of souls. According to estimates, the Internet will reach between US$400 billion and US$3 trillion in the next three years. Nevertheless, being an immature technology, the Internet has not disclosed its full potential.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from