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science/technology = Development

Hello everyone here good evening to all. Today am very happy as I will be talking with you guys on the scientific technological improvement on Marketing and commerce.

Before talking on the advances and improvement on this technological changes, I will first be defining the term Marketing and E-commerce.

Marketing here refers to the selling and advertising of goods and services online.
E-commerce here refers to the buying and selling of goods and services online.

During the 18th century we the Africans never knew something existed like online transaction where we by then market our products through adverts without taking into consideration the marketing strategies.

By then people were limited in their business strategies since businesses couldn't travel or be known all over the world due to lack of knowledge and capital. Which later on went digital where people now could market their products online in the 19th century through Instagram, Facebook pages and many others later on, there became the introduction of websites which many businesses diverted from Facebook pages to having their individual business website for easy access in the 20th century where their products were being marketed all over the globe without being traveling to different countries for adverts but simply doing their web design in marketing their products.

This scientific advancement which lead to technological growth was very much important that most business entities will be oportuned to advertise their business globally without being demanded for custom international duties from the government in going international.

Eventhough this was of greater advantage to business entities it also lead to a great disadvantage to the buyers and the customers since alot of fraudulent activities had come up where people create and sell non existing goods online to customers where they will end up being scammed as compared to previous which was slow but original since there was a physical transaction between the customers and the sellers.

It also lead to the fall in government revenue since most business do not longer go international in marketing their products in which during the process they do pay duties to the government. Thanks to science that made it possible for us to trade market and sell our products online without having to travel to different countries leading to exstra expenses.

Coming to the aspect of E-commerce I will say it has done much in improving the economic development of the globe as a whole. As earlier said that e-commerce Is the buying and selling of goods and services online, I will eaquall say it is important though technology and improvement in science do emerge accompanied with the malpractice behaviour like scamming, hakkers, robots.

This e-commerce is very much important to me in the aspect that it has done more good than harm.

• It serves alot of time since goods and services are being purchased online at your convenience without going outside.
• It has lead to alot of employment and free time westage. People now no longer pair up in front of banks for money exchange. And alot of our youths now are being employed through e-commerce for example buying and selling of foreign currencies online to make profit and predicting a rise and fall in currencies. Thanks to Crypto currency the future of tomorrow.

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• Crypto currency is a digital currency which started in 2009 with exchange medium and has existed till date with facilities of payment.
• Crypto currency serves as a medium of exchange, a store of value and a unit of measure between two currency pairs.
• Crypto currency is used as a price value of assets( bit coins) where payment can be done in many countries today through trading or exchange using wallets provided by various platforms online.

Alot of people today when they hear of Crypto currency what comes to their head is Bitcoin not knowing that it is one of the Crypto coins.

• Crypto currency has a stable value now than recent years with fluctuating prices and it has given priorities in the market because of the facilities involved in it.

• Crypto currency has a big change still to come as technology is advancing as they understand that crypto currency is the decentralized currency that uses peer to peer technology which enables all functions such as currency insurance, transaction processing and verifications to be carried out collectively by the network.

This decentralization renders crypto currencies free from government manipulation or interference, the flip side is that one of the Crypto currencies (bit coin) are created through mining process that needs powerful computers to solve complex algorithms and crunch members.

Thanks to science and technology that brought about e-commerce which lead to the growth and invention of Crypto currency which millions of people had become billionaires and employed through this scientific advancement.

As seen in all my post I will continue to say that science/technology/application=Development/advancement
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stay bless as I will bring to you guys more about my research being carried out on technological advancement.