(dg1.com,1979) In 1979 English inventor and entrepreneur michael aldrich invented online shopping, or teleshopping, to enable online transaction processing between consumers and businesses, or from business to business. Aldrich's technique later became known as e-commerce ; it did not become economically viable until the Internet. "His [Aldrich's] system connected a modified domestic TV to a real-time transaction processing computer via a domestic telephone line. He believed that videotex , the modified domestic TV technology with a simple menu-driven human–computer interface, was a 'new, universally applicable, participative communication medium — the first since the invention of the telephone. This enabled 'closed' corporate information systems to be opened to 'outside' correspondents not just for transaction processing but also for e-messaging and information retrieval and dissemination, later known as e-business . www The internet is the networkin...
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