E-Commerce

Companies focused on electronic commerce began more than two decades with the introduction of electronic data interchange (EDI) between trading firms (sending and receiving of orders, delivery and payment information, etc.) Even the consumer-oriented e-commerce also has a long history: every time you use an ATM or have a credit card, you are placing an electronic transaction. EDI and ATM, however, operate in a closed system is a more convenient means of communication strictly between the parties involved. The Web has opened a new era by combining the openness of the Internet with a simple user interface. The WWW was created in particle physics laboratory CERN in Geneva in 1991 (with Mosaic, the predecessor of Netscape). It took two years to penetrate the Internet Mosaic, and two years before businesses and the general public to realize their potential. Go to MyWebSearch for more information.