E-Commerce By: Nathan Schmitt December 4 th, 2013

 Defined as a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet What is E-Commerce?

 1979: Michael Aldrich demonstrates the first online shopping system  1984: In April 1984, CompuServe launches the Electronic Mall in the USA and Canada. It is the first comprehensive electronic commerce service.  1994: Netscape releases the Navigator browser in October under the code name Mozilla. Netscape 1.0 is introduced in late 1994 with SSL encryption that made transactions secure. Brief History

 1995:  Jeff Bezos launches Amazon.com  First commercial-free 24-hour, internet-only radio stations, Radio HK and NetRadio start broadcasting.  eBay is founded by computer programmer Pierre Omidyar as AuctionWeb  2005: Cyber Monday’s debut as a “holiday” in US Brief History (cont.)

Amazon in 1995…

Auctionweb (eBay )

 In 2012, U.S. e-commerce sales amounted to 289 billion U.S. dollars  In 2012 the largest share of online revenue was generated by retail shopping websites which earned billion U.S. dollars  the number of U.S. digital shoppers is expected to grow from 137 million in 2010 to 175 million in 2016 E-Commerce Today

Ecommerce Today (cont.)

 Ubiquity  Global Reach  Universal Standards  Richness  Interactivity  Information Density  Personalization  Social Technology FEATURES OF E-COMMERCE TECHNOLOGY

 Division by Relationship  Business-to-Business  Business-to-Consumer  Business-to-Government  Consumer-to-Consumer  Division by Technology  P2P  Mobile Major Divisions

 Deals with relationships between and among businesses.  Makes up about 80% of e-commerce  Example: Business-to-Business

 Between companies and consumers  customers gather information  purchasing physical or digital goods Examples: Amazon.com and similar websites Business-to-Consumer

 Expensive Technology  Sophisticated Skillset  Attraction of physical stores and traditional shopping experiences.  Limited access Why B2B Ecommerce has Out- Preformed B2C

 the use of the Internet for public procurement, licensing procedures, and other government-related operations  Remains rather undeveloped  Examples: Business-To-Government

 Commerce between private individuals.  characterized by the growth of electronic marketplaces and online auctions.  Examples: Ebay Consumer-to-Consumer

 Using wireless technology to allow purchases on mobile devices.  Believed to overcome wire line e-commerce. Mobile Commerce

 For every division of E-Commerce  Data Integrity  Security  Fraud  Specifically for M-Commerce  Network Performance Concerns

 Insuring that financial data used for domestic and international business remains accurate and consistent.  Data is vulnerable to corruption whenever it is transferred and even while stored. Data Integrity

 Confidentiality: only authorized parties are allowed to read protected information  Integrity: data remains as is from the sender to the receiver  Availability: access and are authorized to resources Security

 1-Jessica Kril. Statistics and Facts about Online Shopping. Statista – The Statistics Portal. October 15 th,  2- Dave Roos. The History of E-commerce. How Stuff Works. October 15 th,  3. Anil M. Tirkar. (2013) Trend Of E-commerce Technology & Its Security Issues, Golden Research Thoughts, V olume-3, Issue-2, August-2013  4. Dongmin Kim and IzaK Benbasat. Designs for Effective Implementation of Trust Assurances in Internet Stores. Communications of the ACM. vol. 53, no. 2, february 2010, 121 – 126.  5. Li Li. Research on E-Commerce Security Based on Cloud Computing Platform. International Review on Computers and Software. Vol. 7, N. 6, November – 3266  6. Shanawaz Maniyar, Saran Govindarajan, Geetha V. Security Checkpoints For Enterprise Applications On The Web. International Journal of Engineering Science and Technology. Vol. 4 No.06 June –  7. Sonny Zulhuda & Ida Madieha Abdul Ghani Azmi. Security Safeguards on e-Payment Systems in Malaysia: Analysis on the Payment Systems Act Journal of International Commercial Law and Technology. Vol. 6, Issue 4,  8. Dr.S.S.Riaz Ahamed, Dr.V.Kubendran, Mr.A.Ahamed Ansari. Transaction Based Security Issues And Pathways To Effective Electronic Commerce: From Tactics To Strategy. International Journal of Engineering Science and Technology. Vol. 3, No. 2 Feb,  9. Kenneth Laudon, Carol Guercio Traver, E -commerce 2012, November 26, 2011 References

Questions?