Wells Fargo and many other banks are, however, more interested in cost
deferral and additional revenue streams (such as internal and external
advertising) to worry about electronic voting short term. First they will
need to own their own transaction network (which almost no bank does).
If you want electronic voting, the Internet is the place, and we need to
define it.
Gene...
+++
Hi Weisberg, you wrote on 6/27/99 11:43:22 AM:
>Here is an exchange I just had off list regarding ICANN's proposed
>means of verifying something (though, despite trying for the
>purpose of this note I can not define what) for voting purposes.
>
> ********
>
>
> Have you seen AT&T Online <http://www.catalog.att.com/eatt/>?
>You can
> sign up for service, pay with a credit card, and view your
>statement
> (including specific calls made on your account) online
><http://www.catalog.att.com/eatt/demo/>.
> Why does AT&T do this over the Internet? Does it save money?
>Is it sufficiently veracious?
>
> Could ICANN conduct its elections with such technology?
>
>The IDNO has a working electronic voting system. A bit clunky,
>but it
>works.
>
>I've heard that the ISOC voting mechanism is somewhat expensive to
>run
>because it involves so much paper.
>
>I know that a lot of places (including Wells Fargo) are pushing
>people to
>use electronic voting mechanisms to deal with shareholder matters
>(especially for things regarding investment trusts, mutual funds,
>etc. that
>people can buy into. I know this because they are hounding me by
>telephone to do things electronically. ;-)
>
> How would online processing affect ICANN's ability to charge a
>small membership fee (as some propose)? Would it change the
>amount necessary to "net" a "profit" over the cost of billing and
>administration?
>
>When I worked at Wells Fargo Bank (a long time ago, at the dawn of
>the
>Age of Automatic Teller Machines), the cost to serve an ATM based
>transaction was something like $0.50 while the cost of a human
>teller based transaction was something like $5.00.
>
>
+++++++++++++++++++++
I'm very happy @.HOME
Gene Marsh
president, anycastNET Incorporated
