Me-Ville

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VRM Scenarios - "Me-Ville"

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Cryptography, identity management and business processes have all converged, enabling customers to shop securely both online and off. Customers issue anonymous "personal requests" for goods and services, and vendors battle each other relentlessly in order to be selected. Prices are driven to just above cost for commodity items, and a cadre of flexible, "long tail" suppliers emerge to meet the non-commodity requests. eBay stumbles, and then launches a service that is the converse of its current offering. Reputation systems abound for both customers and vendors, leading to the creation of RepTorrent, an anonymous network for the trading of gray-market reputation identities.