Technological Saga in the World of Online ARPANET

Have you ever wondered what it was like to travel across the country to get what you want? The Silk Road was a treacherous journey that spanned from Asia all the way to Rome. People carried their countries goods in large caravans to exchange them with other people across the country. The Silk Road helped people get what they want by traveling there. The Silk Road took a huge part in history because it helped a number of cultures get closer to each other and share part of them, for example traditions and beliefs. The Silk Road was a difficult and dangerous trek, eventually traders found out the Silk Road increased the kingdom’s economy and the wealth of an individual. In addition, it spread culture, ideas and goods.

Never has a communications system played so many roles in our lives--or exerted such broad influence over our thoughts--as the Internet does today.

There is many ways the the silk road became famous but do you know the most important ones.

The Internet has proven itself to be helpful, but it can also be a scary place. When the Internet first emerged, it was difficult to gauge its full potential. The Internet was actually created as a “military communications network in the 1960s” (Campbell et al., 2016, p. 41). However, the Internet became a more integral part of society around the 21st century when it transformed into a hub of information and entertainment. The film, The Net, features the early years of the Internet and the dangers that came with it. This film took a radical stance about how the Internet can damage a person’s life. The film remains relevant today since it inspires paranoia regarding the fragile safety

The dramatic development of blockchain technologies seems to be a double-edged sword. Although cryptocurrency leads to innovative payments and transfers, it may be a tool for criminal usages. In terms of benefits, bitcoins have ability to solve double-spending problems and Ethereum’s smart contract is used for sharing economy. On the other hand, because there is no legal which is responsible for Bitcoin trading activities, Bitcoin is considered as one of the greatest risk to national security through illegal operations involving to financing of terrorism and extremism (Vovchenko et al, 2017). In 2013, for example, the U.S government closed down the largest website, named Silk Road, involved to illegal goods trading, in which there is 1.5% of Bitcoin was used for trading illicit drugs and counterfeit

The Silk Road has been around since before the Common Era and is still used to this day although in a modernized form (Puchner). Through the centuries it has been a facilitator for the expansion and diffusion cultures. More than just goods found their way through Silk Road, ideas, culture, religion, and even disease and conquest floated through these trade routes. Although whether their distribution was intended or not is up for debate but what is for sure is that their impact changed the course of history for many societies. There were intended consequences of the Silk Road such as expansion of trade routes and trading territories along with the exchange of goods.

In the article “The Untold Story of Silk Road,” by Joshuah Bearman, he writes about Ross Ulbricht, describing the history and the founder of this underground black market named the “Silk Road.” In 2011, Ross Ulbricht, a materials scientist, started a new way to sell and buy drugs. An ideology of a libertarian utopia, free from governments prying eyes would be the basis of this site. Dreaming of a website that would be a black market to buy and sell drugs, Ulbricht created and fostered what he would call “The Silk Road.” The site saw major success with millions of dollars in bitcoins, an online currency used to purchase and sell items anonymously, coming to the site and ultimately making millions in commission. People from all over the world

With the introduction of the Internet, there has been a global shift in our human culture. A profound, intense change in which every one of us has been impacted by, and one that has never been so pervasive or immediate as the one we have seen grow with each passing day. Now, the Internet was conceived with the purest of notions, where the intentions were good and the purpose was true: a glorified, all-encompassing systematic collection of the world’s expressions, where ideas, thoughts, reforms, and opinions can circle the globe, for conversations to be sparked and a global culture to be established. However, through the passage of time, certain facets of the Internet have become polluted, perverse even, where the malicious and ill willed could

Have you ever wanted to know what the silk road did to help with things people needed during travel well keep reading and you´ll find out.

Adam Segal’s “The Hacked World Order” reveals many prevalent issues in today’s technologically centered society. Starting at Year Zero, June 2012 to June 2013, the battle over cyberspace witnessed world-changing cyberattacks. This was accomplished due to the fact that nearly 75% of the world’s population has easy access to a mobile phone, and the Internet connects nearly 40% of the total human population, which is nearly 2.7 billion people. With that being said, cyberattacks are becoming a more realistic form of terror.

Bitcoin is a convertible virtual currency and cryptocurrency that can be exchange for real currency and has its equivalent in real currency . Bitcoin is also a revolutionary technology that allows people or institutions to transfer funds instantly, securely and without intermediaries. The way banks transfer money today is archaic. International bank transfers can take up to a week. By using a digital currency as a bitcoin, bank transfers could be made instantly, cheaply and safely. In fact, these transfers could even occur without using new currencies . In addition , Each year, migrants from developing countries send more than $ 500 billion in remittances, which exceeds foreign direct investment. With a total amount of 6 to 10% for international transfers for the sending of $ 200, the burden on some of the most vulnerable people in the world is considerable. Digital currency has the potential to help these transfers become fast and cheap. By using virtual currency, migrants could even send money directly to their families by mobile phone, the only remaining charges being those charged by currency exchanges. While traditional money transfer companies must provide capital to offset the delays in international money movements. The reduction of these costs could facilitate the entry and implementation of new transfer corridors . Cryptocurrencies could take over in the long term.. It could be faster and cheaper to use cryptocurrencies to transfer money internationally than using traditional methods

Currency acts as a store of value, a medium of exchange and a unit of account. Physical currencies are promissory notes payable to the bearer on demand. Digital currencies are internet-based form of currency. They represent both developments in payment systems and a new type of currency. Digital currencies, in hypothesis, serve as money, at present day they act as money to a small amount of individuals and institutions. It has been often questioned as whether the decentralised digital currency, such as Bitcoin and Litecoin, will emerge as the preferred method of payment for Internet Services or will remain a superficial payment method compared to well established existing payment systems.

There are many pitfalls and perils on the Internet. Some of them are easy to avoid while other are not so obvious. Some of the Pitfalls and perils are annoying, while others are deadly to your computer. Still others are humorous and entertaining. There are many dangers on the Internet. This paper will try to cover some of them.

Bitcoin (BTC), a cryptocurrency, is a type of digital currency which was introduced in 2009 by pseudonymous developer "Satoshi Nakamoto". Since then 12 million bitcoins have come into existence with a current market cap of around 8 billion USD [1]. The algorithm is designed as to allow only 21 million BTC to come into existence ever. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network [2]. Bitcoin is not the first attempt. But none have managed before to take off so dramatically and with such wide adoption to achieve escape velocity. The questions which are important now are how the bitcoin managed this success in

Nowadays, the Internet has implemented great impacts on people’s life, and it also has changed the business world significantly. In order for companies to cope up with the changing customer demands, they must adopt new technologies not only to support their business functions but also to reduce paper works, reduce costs, and provide better services. Bitcoin is a currency of the Internet, distributed, worldwide, decentralized digital money that be developed as a new payment method. In Australia, the regulator has defined Bitcoin as property instead of currency for accounting purposes (King, 2015 February). Although Bitcoins are not materially existed, it can be exchanged for goods and services at places that accept it, the same way you would give someone a dollar for a cookie.