Ch.1-Part 2-An Introduction To E-Commerce

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AN INTRODUCTION TO E-ECOMMERCE
Content 2

 1. Characteristics of E-Commerce
 2. The Limitations of E-Commerce
 3. Pure Versus Partial E-Commerce
 4. E-Commerce in The Cloud
 5. E-Commerce & Blockchain
1. Characteristics of E-Commerce 3
 E-commerce is characterized by the following features:
 Globalization
 Ease of Automated Processing
 Immediacy of result
 Openness and accessibility
 New business models
2. The Limitations of E-Commerce 4
 Lack of Awareness
 Lack of Confidence
 Security
 Lack of privacy
 Ineffective Customer Relations
 Declining Margins
 Logistics & Supply Chain
 Touch and Feel
3. Pure Versus Partial E-Commerce 5
 E-Commerce takes several forms depending on the degree of
digitization, These are the important criteria:
 the product/service sold
 the process
 the delivery agent (or intermediary)
3. Pure Versus Partial E-Commerce
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4. E-Commerce in The Cloud 7
 The term Cloud refers to a Network or Internet. In other words,
we can say that Cloud is something, which is present at
remote location. Cloud can provide services over public and
private networks, i.e., WAN, LAN or VPN. Applications such as
e-mail, web conferencing, customer relationship
management (CRM), E-Commerce execute on cloud.
4. E-Commerce in The Cloud 8
 Benefits are offered by hosting e-commerce solution in the
cloud:
 Scalability
 Resilience (flexibility)
 Performance
 Management
 Cost savings
5. E-Commerce & Blockchain 9
 A blockchain is a distributed database, meaning that the
storage devices for the database are not all connected to a
common processor. It maintains a growing list of ordered
records, called blocks. Each block has a timestamp and a link
to a previous block.
 Each block has a unique hash. A can be understood as a
fingerprint which is unique to each block. It identifies a block
and all of its contents, and it's always unique, just like a
fingerprint. So once a block is created, any change inside the
block will cause the hash to change.
 Each block has the following attributes (data, hash, hash of
the previous block).
5. E-Commerce & Blockchain 10
5. E-Commerce & Blockchain 11

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