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Technological Aspects to Support Ebusiness

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Technological Aspects to Support Ebusiness
Module Title: E-Business Studies Assignment 1

Module code: 5N1369

Level: 5

Title: Technological Aspects to Support eBusiness

Assessment Criteria: The evolution of eBusiness, comparison of two websites, including their social payment systems used and the internet as a global network.

Student name: Thomas McDonald

PPS no: 7489333T
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Contents:

1. Cover page 2. Brief 3. Contents 4. Introduction 5. History of eBusiness 6. Comparison of 2 web sites 7. Security 8. Payment Methods 9. Internet as a global market 10. Conclusion 11. Recommendations 12. Bibliography

Introduction:
For this assignment I am going to compare, contrast and look at the history of two internet giants: Ebay and Amazon.
They are two sites that I regularly use, one more so than the other and find both as user friendly as I do interesting. I will look in detail at the history of the two and also the internet as a global network. Finally I will make a brief conclusion and some recommendations.

The evolution of e-business:
The term e-business or electronic business was first coined by Microsoft’s marketing and internet team in 1996 but businesses started using websites to marketing their products in the early 1990’s shortly after graphic based web-design became available. They quickly shifted from simply using the web for providing customers with information about their products to selling them when the software to encrypt credit card data became widely available in 1994. Netscape developed Secured Socket Layer (SSL) and websites developed the ability to encrypt sessions, making credit card transactions over the Internet safer for all concerned. With an encrypted connection between a company's server and a client computer, credit numbers could be hidden so they could not be intercepted by a third party, which made the theft of card information more difficult. This security led to the birth of e-business and changed the way we shop

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