Good morning John and all:
And not only does Embassy say (as John has so eloquently pointed out):
"You can trust this guy. He purchases licenses to use intellectual property. He has bona fides. He maintains regular sureties. And he has met your specified prerequisites to engage in this transaction."
But it also says:
"This guy has enough $$ on deposit to cover his transaction with you and we guarantee transfer of the appropriate amount to your account to pay for his use or access to your product, service, content or whatever".
It should be "intuitively obvious to the most casual observer" that the above statements ought to be a much more effective enhancement of e-commerce that the typical "Here's a credit card number, it might be mine, give me your product, have fun collecting your $$, I am a nice guy, so just take my word for it", which is the basis of most currently configured e-commerce transactions.
It would appear that someone (or, hopefully, "manyones") outside of the prior WAVX investment and development community is now starting to realize the above.
Steve |
