Virtual Money Making

Process of dynamical occurrence of fantastic number of electronic payment systems in the Internet lately makes think hard on economic hidden reason of such tendency. And indeed, it is necessary to consider what caused the occurrence of such number of new emitters of electronic currencies and the payment services in the Internet, and in particular in its Ru-segment. As well as on the services they came with to Internet users, who even more often trust them their personal ip-addresses and precious id number of this or that payment system, which they carefully kept on their flash-cards..

The same way as we are looking for any answer before, first of all, we shall look into the covered with dusty pages of the old woman- history, since development of the finance in our country, strangely enough, can tell us about this matter much, and, that is interesting in this case, even much more than a similar history in the western countries. First of all, let’s open our decrepit volume on page of 87-s year of the last century when the first banks in Russia – Vnesheconombank of the USSR, Promstroybank of the USSR, Zilsotsbank of the USSR and Sberbank of the USSR began to appear. At that time these structures became the successors of the Gosbank of the USSR. After turn to the market economy all the abovementioned financial institutions, and especially Sberbank had already strongly took their positions in the market, having spread the numerals of the branches all over the country. But as soon as the state established the market foundation under the whole financial sector, having strengthened economy with armature of liberal legislation in spheres of pricing and application of financial tools, it was suddenly found out, that the big bank infrastructure was not capable to provide all needs of the population, and own financial mechanisms were necessary for a number of components, such as banks or payment systems. For 17 years the financial mechanism in our country has increased more than on 1000 banks, each of them has own unique place in the certain economic system.

Turning over one more page of the virtual economy history volume that is very thin as yet we close this year with rather significant showings of development. If it were possible to set a function including growth of number of payment systems worldwide, number of user registration and electronic cash turnovers, and then to put all this on a diagram, we would get a considerable curve with a positive inclination vector exceeding 45 degrees characterizing the whole 2007.

This issue of Trainex Journal opens the next year, which definitely during the next 12 months should crack all the previous records and clear the bar that has been unobtainable for electronic finance world system yet. It is possible especially because there is everything for this purpose. In 2007 Trainex have noted increase in demand for 90 %, and our company reacted to this by reduction of margin for 40% of each transaction. The details of year report and other information will be available on the e-pages of our journal in January.

Also in the early start of our journal we decided to illuminate everything related to the birth of numerous payment systems that appeared and continue to appear nowadays and also the ways where their digital ornate roots running through the Internet go back. The present subject in TJ will concern the offshore areas and the position they occupy in virtual economy.

In the light of peripetia with E-gold and the expected expansion of WebMoney with their WMG purses to the West we decided to glance at American market and look at the customer designated for WebMoney at western union cost of the Atlantic Ocean. Learn more about this from the interview with Horacio Malvicino, managing director of the prominent MBR Design Group in New York who worked with the superstars. Taking a cup of tea with Whitney Houston in the morning and having a business-lunch with Paul McCartney, this man regularly rounds the globe ex-officio in all directions and really appreciates time and money. What does e-money and in particular WebMoney mean for him – that is the subject of our conversation available in interview column.

Concluding the preface to January issue of Trainex Journal I as a Chief Editor would like to address all the readers and tell that not the mass-media and the new technologies form the market but the consumers whose mass makes a demand. Trainex Journal tells about the air in this market and we would like to fill every gulp of this air with your thoughts and your comments on our materials! Leaving your comments under each article you will provide a food for our thought. And it appears that the editors of Trainex Journal considers your opinion, and business pays attention to us as to the independent edition and coupled this forms a new sometimes even unpredictable vector of e-finance market movement.

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