#7 Invention of WWW and E-commerce
Invention of WWW and E-commerce
According to Goel 'Though Internet (which play an important role in evolution) appeared in the late 1960s. E-commerce of today took off with the arrival of World Wide Web and browsers in early 1990s. The liberalization of the telecommunications sector and innovation such as optic fiber. DSL, etc. (Which gas helped to expand the volume and capacity of communications) has helped in the process of that rapid growth. As a result the barriers to entry and engage in e-commerce have fallen rapidly'.
The foundation of E-commerce and World Wide Web (WWW) always will stay connected to the internet to be possible. Gillies 2000 article claims that 'The World Wide Web is like an encyclopedia, a telephone directory, a record collection, a video shop, and Speakers Corner all rolled into one and accessible through any computer'.
Gillies, J.M., Gillies, J. and Cailliau, R., 2000. How the Web was born: The story of the World Wide Web. Oxford University Press, USA.