History of E-commerce was started since the invention of the very old notion of selling and buying, electricity, cables, computers, modems and importantly Internet. The usage of E-commerce became possible once the Internet can be commercially used. After that, thousands of transactions were generated at websites.
As far as back to early 1960, Electronic Data Interchange (EDI) was developed. It is a set of standard that allow a company’s computer system to share business information and generate transaction with another company.
In 1979, the American National Standards Institute (ANSI) came up with ASCX 12, which is stable and reliable for transferring large amounts of business documents.
Arpanet was developed in late 1960 which were connecting the four large research universities in US. Researchers developed Terminal Interface Processor (TIP) for dialing Arpanet from individual computer terminal but in 1982, Arpanet switched over to Transmission Control Protocol (TCP) and Internet Protocol (IP).
Mosaic web-browser was made available in 1992 that it was the first ‘point-and-click browser. Mosaic web-browser allows easier access to E-commerce because that browser was adapted Netscape, a downloadable browser. Netscape 1.0 which was released in 1994 contains Secure Socket Layer (SSL) which was security protocol that encrypted messages on both sending and receiving side of online transaction. It is important to ensure the personal information such as name, address, phone and credit card numbers could be encrypted as they passed over the Internet.
I now end my post by presenting you a video clip, E-commerce Evolution, to make the history more understandable.