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Pastimes : Internet Security/Privacy Issues and Solutions
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To: Tom Clarke who wrote (71)9/26/2000 11:02:19 AM
From: PJ Strifas  Read Replies (1) of 210
 
Personal information has become the new currency of online commerce. Decentralized Internet protocols have made computing resources increasingly pervasive, empowering individuals with an unprecedented amount of control. One result is that very few Internet consumers actually pay for network content, instead offering up personal information as they go. Content providers then collect, buy, and sell this information. To bring the Internet economy into its next stage of development, complementary software and legal architectures must be created in which personal information is regarded as a commercial property right, and accorded corresponding monetary value.

Personal information has become the new currency of online commerce. Recent figures indicate that between 75 and 90 million Americans regularly use the Internet [1], and very rarely do these consumers actually pay for the content they see.

Introduction
Instead, Internet users offer up personal information about themselves as they go. Sometimes this information exchange occurs voluntarily, and sometimes it happens without the consumer knowing about it. In either case, vast warehouses of personal information are compiled, bought, and sold. Personal information is the lifeblood of the Internet economy.

For entire article:
firstmonday.org
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