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Ch.1-Part 2-An Introduction To E-Commerce
Ch.1-Part 2-An Introduction To E-Commerce
Ch.1-Part 2-An Introduction To E-Commerce
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
6
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