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How do the internet standards allow for greater commerce? What potential problems could we have if we did not have the IEEE?

The Internet has significantly accelerated both global and local economies in many parts of the world. In addition, the fast and easily accessible Internet has given impetus to the development of many new business models; Big Tech is a clear example of this. It was achieved mainly thanks to Internet standards. The unified e-commerce format that they maintain greatly simplifies and facilitates many business operations and processes. They also expand the pool of potential suppliers and partners for business actors as Internet standards work worldwide. If not for the IEEE, e-commerce would be more complex than the standard one since each business entity would have its own unique and inadaptable protocols without compatibility.

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Academic.Tips. (2022) 'How do the internet standards allow for greater commerce? What potential problems could we have if we did not have the IEEE'. 22 November.

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Academic.Tips. (2022, November 22). How do the internet standards allow for greater commerce? What potential problems could we have if we did not have the IEEE? https://academic.tips/question/how-do-the-internet-standards-allow-for-greater-commerce-what-potential-problems-could-we-have-if-we-did-not-have-the-ieee/

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Academic.Tips. 2022. "How do the internet standards allow for greater commerce? What potential problems could we have if we did not have the IEEE?" November 22, 2022. https://academic.tips/question/how-do-the-internet-standards-allow-for-greater-commerce-what-potential-problems-could-we-have-if-we-did-not-have-the-ieee/.

1. Academic.Tips. "How do the internet standards allow for greater commerce? What potential problems could we have if we did not have the IEEE?" November 22, 2022. https://academic.tips/question/how-do-the-internet-standards-allow-for-greater-commerce-what-potential-problems-could-we-have-if-we-did-not-have-the-ieee/.


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Academic.Tips. "How do the internet standards allow for greater commerce? What potential problems could we have if we did not have the IEEE?" November 22, 2022. https://academic.tips/question/how-do-the-internet-standards-allow-for-greater-commerce-what-potential-problems-could-we-have-if-we-did-not-have-the-ieee/.

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"How do the internet standards allow for greater commerce? What potential problems could we have if we did not have the IEEE?" Academic.Tips, 22 Nov. 2022, academic.tips/question/how-do-the-internet-standards-allow-for-greater-commerce-what-potential-problems-could-we-have-if-we-did-not-have-the-ieee/.

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