Saturday, January 3, 2015

Glitches in Cyberspace: This Year's Y2K

The international dateline, in combination with the spread of time zones and the variability in web hosting from server to server and site to site, means that every year, web based businesses and services face a mountain of glitches and errors.
On the lower levels, our emails may be lost or arrive late. As you go higher though, things get more serious. Bank transfers either don't go through or end up sitting too long, transactions go unpaid, merchants lose access to necessary operating funds, and international loans, administered by the IMF and UN, may sit in escrow for an unscheduled day.
It reminds one of the debacle that preceded and followed the year 2000, when all the software needed to be rewritten for dates with 4 digits instead of 2.
This was originally written and published on Bubblews.com at http://www.bubblews.com/news/9766654-glitches-in-cyberspace-this-years-y2k

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