Electronic and mobile platform to create, store and exchange business cards

A system for generating and sharing virtual business cards, the system comprising:

• a business card generation module, comprising computer-executable code stored in non-volatile memory;
• a processor;
• and
• a communications means,
• wherein said business card generation module, said processor, and said communications means are operably connected and are configured to:
• receive a scanned business card as input;
• identify text and design elements on said business card;
• reproduce the scanned business card as a virtual digital business card by at least
• converting printed text on the scanned business card into editable text fields, and
• converting printed design elements on the scanned business card into editable digital design elements;
• store text and associated design elements according to preset criteria;
• populate contact details from the virtual business card into a contacts database;
• share the virtual business card with one or more recipients;
• populate contact details from the virtual business card into a contacts database of the recipient,
• wherein the virtual business card is automatically updated for each recipient when changes are made to the virtual business card by an authorized entity.