Paypal acts as a trusted third party in online transactions ensuring comple security in transactions

Fluctuation in virtual currency's value, this is a major disadvantage such that one of the major properties of currencies is to store value

Secure, this is due to the blockchain system which makes it nearly impossible to hack and immutable

The open nature of the Internet doesn’t allow any significant barriers to entery or leaving e-markets, no one can dominate or monopolize the market (however, some Internet- related businesses practice...

In the late 20th century till the dot com bubble in 2000 ( the internet bubble was resulted due to the rapid rise and interest in internet companies)

The consumer surplus is considered to be at maximum in case of Free digital products with no physical substitute such as search engines,Email and maps

Economies of scale occur if, as the firm increases its output, cost per unit of production falls. Example: Expedia

24/7/365 is one of the most important advantages of e-commerce for consumers and it means ; 24 hours/ 7 days per week / 365 days and it is unlike any brick & morter shop that close in holidays and...

To catch up with all the new trends and interact with new digital products

Convergence means the integration of two or more different information into one system (the binary) allowed to be transferred to any platform. the reason of its widespread is that it created new markets...

The mechanical calculator is time consuming, complicated to use in advanced calculations. on the other hand, the worksheet application on PC has a simple user interface to use and can solve advance calculations...

The World Wide Web (WWW.) was superior than any other innovation in the 20th century such that it took only 4 years from inception to reach 50 million user(while The radio took nearly 38 years).In addition,there...

Data can become corrupted in analog signals, analog devices needs constant and extremely expensive maintenance for huge data restoration

Which is considered a high rating

You can create new bitcoins through mining process (although it needs high computing power)

You may produce a product that no one wants but in an efficient way (low cost)

The public key is publicly available and is used to address whoever wants to send you bitcoins and use it to encrypt the transaction

Every single transaction is recorded in a digital public ledger. "blockchain"