Invention of WWW and E-commerce
The World Wide Web (WWW) was invented in 1989 by Sir Tim Berners-Lee while working at CERN, the European physics research facility. Berners-Lee proposed a system of hypertext documents that could be linked together and accessed via the Internet, which he called the World Wide Web. He also developed the first web browser and server software, which allowed people to access and share information over the Internet. (Berners-Lee, 1989)
E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the Internet. The first recorded instance of e-commerce occurred in the early 1990s, when a company called CompuServe began offering online shopping for customers. However, it wasn't until the widespread adoption of the World Wide Web in the mid-1990s that e-commerce began to take off. (Kshetri, 2018)
E-commerce websites like Amazon and eBay emerged in the late 1990s, allowing customers to purchase goods and services online. Online payment systems such as PayPal also emerged, making it easier for customers to complete transactions. The invention of the World Wide Web and the development of e-commerce have greatly impacted the way we shop and do business today. (Kshetri, 2018)
References: Berners-Lee, T. (1989). WorldWideWeb: Proposal for a HyperText Project. Available at: https://www.w3.org/Proposal.html Kshetri, N. (2018). The Impact of the Internet and E-Commerce on Developing Countries. Journal of International Affairs, 71(2), 121-140.
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