Disadvantages Of Electronic Ecommerce

706 Words3 Pages
E-commerce or electronic ecommerce is a term for any type of business that involves the buying and selling of goods and services, or the transmitting of funds, data, or information across the internet. E-commerce allows consumers to exchange goods and services electronically with no barriers of time and distance. Different forms of e-commerce include business-to-business (B2B) and business-to-consumer (B2C). B2B businesses often deal with hundreds or even thousands of other businesses, either as customers or suppliers. On the other hand, B2C transactions, consumers usually deal with retail-based sites from which items are purchased online. Thus, carrying out these transactions electronically will provide vast competitive advantages…show more content…
Web 2.0 is focused on the ability for people to collaborate and share information online. Web 2.0 basically refers to the transition from static HTML Web pages to a more dynamic Web that is more organized and is based on serving Web applications to users. Furthermore, open communication with an emphasis on Web-based communities of users, and open sharing of information are the other improved functionality of Web 2.0. Over time Web 2.0 has been used more as a marketing term than a computer-science-based term. For example, Blogs, wikis, and Web services are all seen as components of Web…show more content…
With its large processing capacity, Web 3.0 is able to bring services and products to people and businesses with high added value because of their assertiveness and high customisation, promoting the democratisation of the capacity of action and knowledge, which was previously only accessible to large businesses and governments. Web 3.0 will be the next logical step in the evolution of the Internet. For Web 1.0 and 2.0, the Internet is trapped within the physical walls of the computer, but as more devices become connected to the Web, such as smartphones, cars, and other household appliances, the Internet will be set free and become omnipresent. Moreover, Web 2.0 is the “writable” phrase of the World Wide Web with interactive data. Web 2.0 facilitates interaction between web users and sites, so it allows users to interact more freely with each other. On the other hand, Web 3.0 is the “executable” phrase of Word Wide Web with dynamic applications, interactive services, and “machine-to-machine” interaction. In Web 3.0, computers can interpret information like humans and intelligently generate and distribute useful content tailored to the needs of

More about Disadvantages Of Electronic Ecommerce

Open Document