History&Evolution of E-commerce

In this week, I would like to blog about the history and the evolution of e-commerce. As we know, e-commerce describes the process of buying, selling, transferring, or exchanging products, services, and information via computer networks.

In 1960’s，a technology such as Electronic Data Interchange(EDI) and Electronic Fund Transfer(EFT) has been introduced to conduct a electronic transaction. However in 1979, the American National Standards Institute , they using ASC X12 to share the business document over electronic networks. Mosaic was the first point and click web browser which was developed in the year 1992.

In the early 1990’s, e-commerce was not even half popular as it is today and only few people understood how e-commerce went on. People started understand that opening a store meant renting a shop, buying product and business equipment, employ workers, paying the sale tax and buying a service that provide customer to pay using credit card. Since the e-commerce was being introduced, launching an online store today means pretty much save cost contrast to traditional commerce. Although the World Wide Web was introduced in 1990, it took about five years to introduce security protocols and DSL allowing continual connection to the internet



E-commerce has become fully evolved as the government has involved in the e-commerce, thus making the consumer not only comfortable, but also willing to share private information, financial, personal, and banking information over the internet. Most businesses have resulted in going online in transacting their businesses. The e-commerce strategy has really helped people to start their own business entity without any much expense.



Furthermore, Web2.0 as refer to second generation of web development and web design should be integrated into e-commerce website this is because Web2.0 sites often feature rich, user-friendly interface based on Ajax and is web-as participation-platform instead of web-as-information-source as Web1.0. It also helpful and bring convenient to the customer and businesses.



In conclusion, the territory of e-commerce did not actually spring up overnight. To success in the e-commerce, there must be some needs of the ever-changing marketplace, development of software and collaborations with others to deliver value that is evolved through trial and error but not the individual efforts nor experience.