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Web 2.0 website uses a new programming language called AJAX (Asynchronous JavaScript and
XML).

Applications supported by Web 2.0 are as follows:
• Blogging
• Social bookmarking

• RSS
• Wikis and other collaborative applications

• Interactive encyclopaedias and dictionaries
• Advanced Gaming

CTM: Web 2.0 refers to added features and applications that make the web more interactive and easy to
provide information using newsgroups, social networking sites, RSS, etc.

8.32 E-COMMERCE

E-commerce (electronic commerce or EC) is the buying
and selling of goods and services, or the transmitting
of funds or data over an electronic network, primarily
the internet. These business transactions occur either
as business-to-business, business-to-consumer,
consumer-to-consumer or consumer-to-business. The terms e-commerce and e-business are often
used interchangeably.

E-commerce is conducted using a variety of applications, such as email, online catalogues and
shopping carts, EDI, File Transfer Protocol and web services. This includes business-to-business
activities and outreach such as using email for unsolicited ads (usually viewed as spam) to
consumers and other business prospects, as well as to send out e-newsletters to subscribers. More
companies now try to entice consumers directly online, using tools such as digital coupons, social
media marketing and targeted advertisements.

SELF PRODUCTS

E-COMMERCE BANK

CUSTOMERS
Computer Science with Python–XII 8.62 The advantages of e-commerce include its round-the-clock availability, speed of access, wide
BANK PAYMENT

WAREHOUSE
SHIPPING

availability of goods and services to the consumer, easy accessibility and international reach.