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Essay text:
Within this paper I shall analyze these payment services as well as their respective strengths and weaknesses. This paper discusses some of the desired characteristics of payment systems for an open networks and the benefits and drawbacks of alternative approaches, and describes how the different methods can be used together to provide financial infrastructure for the Internet.
INTRODUCTION
The bursting of technology-based stock bubbles occurred repeatedly at the turn of the 20th century, a time when major innovations of the Industrial Age dramatically changed business and individual lives, but only after slow incubation periods that lasted decades...
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