Pub Date : 1995-02-16DOI: 10.1109/SNDSS.1995.10005
Frederick M. Avolio
To quote from CERN, the creators of the Web, “The World Wide Web (WWW) is the universe of network-accessible information, an embodiment of human knowledge. It is an initiative started at CERN, now with many participants. It has a body of software, and a set of protocols and conventions. WWW uses hypertext and multimedia techniques to make the web easy for anyone to roam, browse, and contribute to.”
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Pub Date : 1995-01-01DOI: 10.1109/SNDSS.1995.10006
R. Ganesan
Electronic payments for services rendered or products purchased are extremely common in much of the developed world. For instance, many large companies in USA regularly conduct seventy to eighty percent of their interactions with suppliers and banks electronically. The Electronic Data Interchange (EDI) standards and products used to achieve this are fairly mature. Typically such transactions occur computer to computer using direct dial-up connections or using Value Added Networks (VANS). ED1 technology is rapidly spreading to smaller businesses and it is rapidly becoming economical for even the smallest of businesses to “do EDT’. However, ED1 is generally restricted to “business to business” electronic commerce. The primary “individual customer to business” electronic payment mechanism is credit-cards. Customers ordering supplies from a paper catalog or on a television shopping network, typically read out credit card numbers over the phone.
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