How Online Shopping Has Become A Convenient And Efficient Time Saver Ever Since Its Launch

835 Words Nov 12th, 2014 4 Pages
Online shopping has become a very popular convenient and efficient time-saver ever since its launch about 40 years ago. E-commerce was initially created for businesses to facilitate business transactions. When Electronic Data Interchange (EDI) and Electronic Fund Transfers (EFT) were developed, it laid the foundation for E-Commerce. Both established in the 1970’s, EDI allowed business to electronically exchange things like purchase orders and invoices. EFT allowed payments to be processed online. Starting out, each company had its own standards for formatting invoices, order forms and shipping confirmations, but in 1979, the American National Standards Institute came up with something called ASC X 12 which was a universal standard for sharing business documents over electronic networks. Before this, due to the Cold War the U.S. Military developed ARPAnet to ensure that crucial communications were circulated in the event of a nuclear attack. The original ARPAnet connected four large U.S. Research universities and relied on huge, unwieldy computers. In 1971, researchers developed the Terminal Interface Processor (TIP) for dialing into the ARPAnet from individual computer terminal source.
The greatest networking evolution came in 1982, when ARPAnet switched over to Transmission Control Protocol and Internet Protocol (TCP/IP) which is the same packet-switching technology that powers the internet today. Throughout the 1980’s the conception of credit cards, ATM machines and…

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