History Of E-Commerce
Information Systems
For most users of e-commerce, it is a relatively young practice. People who have more than just a superficial knowledge of the history of modern technology know that there were a number of leaps and bounds made in this area in the 1990s. Yet, the quiet history of e-commerce began not in the 1990s, but in the 1960s. In the early days of e-commerce, the parties able to participate were highly restricted and limited to entities such as large banks and the military.
At this point in time, the nomenclature was not e-commerce, which is a much more modern term. The first term to describe what we now know as e-commerce was Electronic Data Interchange (EDI). (E-commerce Guide, 2012). Three key advances to e-commerce would come in the 1970s and 1980s, before the more modern and commonly known advances in the 1990s and 21st century. In the 1970s, there was a new protocol developed so that now documents and not just data could...
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