The history and evolution of E-commerce

What is mean by E-commerce?

E-commerce is any business related transactions partially or totally carried out by electronic medium especially on internet using Open networks or Closed network.

Evolution of E-commmerce

Year	Event
1960	Electronic Data Interchange ( EDI ) was formulated. EDI is a set of standard instructions to exchange business information and do electronic transaction.
1969	Americas department of defence was developed ARPANET. ARPANET used for researching new reliable network.
1991	Word Wide Web which is developed by Tim Berners-Lee at CERN started the first Internet transaction. Word Wide Web only supported exchange of data that was in text format.
1992	Mosaic web-browser arrived. Mosaic web-browser was the first ‘point and click’ browser which is developed by Marc Andreessen. It used to interchange text and graphic.
1994	Marc Andreessen successful developed 2nd graphic browser which call Netscape. Microsoft Internet Exployer was come up at the same time.
1998	Digital Subscriber Line (DSL ) provided more faster access. It persistent connection to the internet. The online transaction was increased rapidly at that time.
1996-2000	E-commerce was spread to a significant group by globally within these four years. E-commerce became an important part for the consumers.
2008	US E-commerce and Online Retail retained a success which the sales projected to reach $ 204 billion.