Online World Is Internet Home E Commerce - 1033 Words

Due to technology boost almost all aspects of People’s life style were somehow changed. Nowadays, one of the most important subjects in online world is internet home e-commerce. Generally E-commerce means buying and selling the products on internet . E-commerce, also known as Electronic Commerce which refers doing business online that consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks (typically via the Web). It is also called e-business, e-tailing and I-commerce. Michal Aldrich, an English inventor had developed the concept of online shopping. The idea came about during a walk with†¦show more content†¦From the 1990s onwards, e-commerce additionally would include enterprise resource planning systems (ERP), data warehousing and data mining. During 1994 e-commerce started to become more popular. It took almost four years to develop the Digital Subscriber Line (DSL) and security protocols (HTTP) which allowed rapid access to the Internet. One of the major improvement in e-commerce came with the development of Linux which is more open source and reliable and put a tough competition to Microsoft that compelled it develop much better versions of networking. During 2000’s, the meaning of the word e-commerce has gradually changed. People began to call the term e-commerce as the process of purchasing goods and services over the Internet using secure connections and e-payment services. At the end of 2001, the largest form of e-commerce, Business-to-Business (B2B) model, had around $700 billion in transactions. Amazon and Ebay are the first Internet companies to allow electronic transactions. Dell is another company which has contributed