Wiley Web Commerce Security: Design and Development 978-0-470-62446-3 Benutzerhandbuch
Produktcode
978-0-470-62446-3
3
C h a P t e r
1
Internet Era: E-Commerce
This chapter does not intend to bore you with history and old-age content. Quite
the contrary; we want to fast forward to new-age technology and e-commerce
core concepts. However, it is essential to understand the basic yet prominent
building blocks of the field of commerce before we dig into the new era. To grasp
e-commerce, you need to understand the following concepts:
the contrary; we want to fast forward to new-age technology and e-commerce
core concepts. However, it is essential to understand the basic yet prominent
building blocks of the field of commerce before we dig into the new era. To grasp
e-commerce, you need to understand the following concepts:
Commerce
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Payment
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Distributed computing
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Commerce and payment both have a much longer history than distributed
computing, but that’s the beauty of e-commerce; it is where the old world meets
the new world! We are going to discuss how payment worked in the old days,
and then describe how it operates now.
the new world! We are going to discuss how payment worked in the old days,
and then describe how it operates now.
Evolution of Commerce
The Merriam Webster dictionary defines commerce this way:
1. social intercourse: interchange of ideas, opinions, or sentiments
2. the exchanges or buying and selling of commodities on a large scale
2. the exchanges or buying and selling of commodities on a large scale
involving transportation from place to place
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