History and evolution of e-commerce

There have been several evolutions in the history of e-commerce. Electronic Data Interchange ( EDI) is a set of standard developed in the 1960’s to exchange business information and transaction, company still might not be able to interact with each other due to different EDI was used. In 1984, ASC X12 standard became more stable and reliable in transferring large amount of transaction and information.
There was a great invention in year 1992, the Mosaic web-browser was the first 'point and browser'. It was quickly adapted into a downloadable browser, Netscape which allowed easier access to electronic commerce. The development of Red Hat Linux was another major evolution in electronic commerce growth. It gave users another choice in platforms other then Windows that was open source and reliable.

In early year 2000, AOL and Time Warner was merged and push the electronic commerce. In year2006, expectations of higher prices as well as larger profits for e-commerce business. Companies such as Wal-Mart will take this opportunity to mixed strategy of having stores online and offline in order to be successful.
There was a large growth in Business-to-Consumer (B2C) e-commerce, which are businesses selling to individuals via online. Today the largest electronic commerce’s are Business-to-Business (B2B), Consumer-to-Consumer (C2C) where consumer sell to each other, and Peer-to-Peer(P2P) which allows users to share resource and files directly.


In my opinion, e-commerce is being advance due to high technology. We must appreciate it because the evolution of e-commerce bring a lot of benefit to us and keep on fulfill the business and customer needs.