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Chapter: 12th Computer Applications : Chapter 15 : E-Commerce

Points to remember

Computer Applications : E-Commerce: Points to remember

Points to remember

 

● E-Commerce can be described as the process of buying or selling products, services or information via Internet.

 

● FinTech Financial technology is a collective term for technologically advanced financial innovations. In simple words Fintech is a new finance industry that uses technology to improve financial activity.

 

● The dotcom bubble was a rapid rise in U.S. equity market of Internet-based companies during 1990s.

 

● Web 1.0 (Web of Content) is the early web that contained text, images and hyperlinks and allowed users only to search for information and read it. There was a very little in the way of user interaction or content generation.

 

● Web 2.0 (Web of Communication) is a read-write web that allowed users to interact with each other.

 

● Web 3.0 (Web of Context) is termed as the semantic web or executable web with dynamic applications, interactive services, and “machine-to-machine” interaction.

 

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