Invention of WWW and E-commerce

 The World Wide Web, commonly referred to as the Web, is a vast network of interconnected documents and other resources, linked by hyperlinks and URLs. It is a global platform for information sharing and communication, and it has revolutionized the way we access and share information. The invention of the Web is widely credited to Sir Tim Berners-Lee, a British computer scientist who proposed and developed the Web in 1989 while working at CERN, the European physics research facility.

Berners-Lee proposed a system for sharing and linking scientific research documents, which he called the "WorldWideWeb" (later shortened to "Web"). He developed a number of key technologies for the Web, including HTML (Hypertext Markup Language), which is used to create and structure web pages, and HTTP (Hypertext Transfer Protocol), which is used to transfer data over the Web. In 1990, Berners-Lee released the first Web browser, called WorldWideWeb, which allowed users to access and navigate the Web.

The Web quickly became a popular platform for sharing and accessing information, and it has had a profound impact on many aspects of our lives. It has transformed the way we communicate, do business, and access information.

E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the internet. E-commerce has grown significantly since the invention of the Web, as it allows businesses to reach a global market and consumers to shop from the convenience of their own homes.

E-commerce is an important part of the Web's impact on the economy. Businesses of all sizes have been able to establish a presence on the Web, and the ability to reach a global market has greatly increased their customer base and revenue. Online marketplaces like Amazon and Alibaba have become major players in the retail industry, and the ability to purchase goods and services online has greatly increased consumer convenience.

In conclusion, the invention of the Web by Sir Tim Berners-Lee in 1989 has revolutionized the way we access and share information. It has also enabled the rise of e-commerce, which has transformed the way we do business, and it has created new opportunities for businesses of all sizes to reach a global market and increased consumer convenience.

References:

Berners-Lee, Tim. (2017). Weaving the Web: The Original Design and Ultimate Destiny of the World Wide Web. HarperOne.

KPMG. (2019). Global E-commerce Market Report. KPMG International.

Li, X., & Yang, D. (2017). From E-commerce to S-commerce: a review of the evolution and future of online marketplaces. Journal of Business Research, 80, 240-250