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Showing posts from March, 2012

CRT Monitors and Flat-panel LCD Monitors Differences

Difference between CRT monitors and Flat Panel (LCD) Monitors Differences between CRT Monitors and Flat-panel (LCD) Monitors CRT Monitors Flat-panel (LCD)Monitors 1 CRT monitors are low-priced and more economical than flat-panel (LCD) monitors. Flat-panel monitors are more costly than CRT monitors. 2 Commonly, CRT monitors are used with personal computers. In the beginning LCD monitors were used in lap top or note book computers, PDAs and smart phones. But now they available for PCs, too.  3 CRT monitors use Cathode Ray Tube (picture tube) Technology to show text and graphics on screen. Flat-panel monitors use LCD - Liquid Crystal Display technology or Gas Plasma technology. 4 CRT monitors need more power. LCD monitors uses less energy than CRT monitors. 5 CRT monitors take more space on desk. LCD monitors take less space on desk top. 6 ...

Different Types of Monitors

Monitor Monitor is the most familiar output device. It is a display screen or visual display unit to show text and graphics to computer user. Common monitors look like a TV. Latest monitors are flat panel monitors like LCD monitors. Although LCD monitors are more costly than general old fashioned monitors called CRT monitors, they are light weight and don't emit radiations harmful to eyes. Types of Monitors There are the following main types of Monitors: 1. CRT Monitors 2. Flat Panel Monitors 3. Touch Screen Monitors 1. CRT Monitors CRT stands for Cathode Ray Tube. CRT monitors use electronic beam gun to produce text and images. These electronic guns fire a beam of electrons on very tiny phosphorus dots on internal surface of screen. In color CRT monitors there are three electron beam guns for Red, Green and Blue colors. CRT monitors take more space on desk. These are heavier than flat panel monitors. CRT monitors emit radiations which are harmful for human eyes...

Units of Storage / Memory Measurement

What are commonly used units of measuring storage? Bit Bit is a short for Binary Digit. 0 and 1 are the only binary digits. Bit is the smallest unit of measuring storage capacity. A bit can hold a 0 or 1. Byte A combination of 8 bits is called a Byte. A byte can hold one character. 1 Byte = 8 bits Kilobyte (KB) 1024 bytes make one kilo byte. Kilo Byte is denoted by KB. 1 KB = 1024 Bytes Megabyte (MB) 1024 Kilo bytes make one mega byte. Mega Byte is denoted by MB. 1 MB = 1024 KB Gigabyte (GB) 1024 mega bytes make one Giga byte. Giga Byte is denoted by GB.  1 GB = 1024 MB Terabyte (TB) 1024 Giga bytes make one Tera byte. Tera Byte is denoted by TB.  1 TB = 1024 GB Petabyte (PB) 1024 Tera Bytes make one Peta byte. Peta Byte is denoted by PB.  1 PB = 1024 TB Exabyte (EB) 1024 Peta bytes make one Exa byte. Exa Byte is denoted by EB.  1 EB = 1024 PB

What are Different Types of e-Payment Security Protocols

What are different security protocols for e-payment security schemes? 1. SSL Protocol (Secure Sockets Layer Protocol) SSL (Secure Sockets Layer) is the standard security protocol for establishing an encrypted link between a web server and a browser. This link ensures that all data passed between the web server and browsers remain private and integral. SSL is used by millions of websites in the protection of their online transactions with their customers. SSL or Secure Sockets Layer is a security protocol created by Netscape that has become an international standard on the Internet for exchanging sensitive information between a website and the client computer. SSL technology is embedded in all popular browsers and engages automatically when the user connects to a web server that is SSL-enabled. It's easy to tell when a server is using SSL security because the address in the URL window of your browser will start with https. The "s" indicates a secure connection....

Explain Different Types of e-Payment Security Schemes in e-Commerce

Explain E-payment Security Schemes Following are the e-payment security schemes 1) Encryption 2) Certificates & Certificates Authority (CA) 3) Digital Signature 4) Digital Envelop 5) Message Digest 6) Transaction Certificates and Time Stamp (1) Encryption Encryption refers to changing a message into unreadable form. Later the encrypted message can be converted into readable form by Decryption. There are two types of Encryption (A) Secret Key Encryption/Private Key Encryption In this scheme, same key called secret key is used by sender and receiver for Encryption (Making message unreadable) & Decryption (Getting original message). Data Encryption Standards (DES) is the most widely used algorithm for secret key/private key encryption scheme. (B) Public Key Cryptography It is Also known as asymmetric Encryption. It uses two different keys (1) Private Key (2) Public Key. The receiver sends his public key to sender. The sender encrypts message with thi...

Difference Between Debit Card and Credit Card

Difference Between Debit Card and Credit Card:         Debit Card Credit Card 1.       Debit card id equal to your account value. 2.       It is an Asset 3.     To use a debit card customer should have      sufficient balance in his / her bank account.   4.       It is like a Prepaid system 5.      You cannot buy an item with price higher then your balance. 1.     When you use Credit Card. You are Actually borrowing money from bank/financial institution 2.      It is Liability 3.      To use a Credit card customer may not have sufficient balance. 4.      It is like a Postpaid system 5.     You can buy an item with price higher then your bank balance (upt...

Explain Advantages and Disadvantages of Credit Cards

Credit Card The Credit Card is plastic credit card with a magnetic strip issued by a bank or financial institution. Holders of a valid credit card have the authorization to purchase goods and services up to a predetermined amount, called a credit limit. Explain Advantages and Disadvantages of Credit Cards The vendor receives essential credit card information from the cardholder, the bank issuing the card actually repays the vendor, and eventually the cardholder repays the bank through regular monthly payments. If the entire balance is not paid in full, the credit card issuer can legally charge interest fees on the unpaid portion. Benefits of Credit Cards to customers 1.  Convenience The main benefit to each customer is convenience as carrying a credit card eliminates the need to carry any cash for most purposes. 2. Credit card allows small short-term loans Compared to debit cards and checks, a credit card allows small short-term loans to be quickly made to a cu...

Explain Different Types of Popular e-Payment Systems

What are the popular e-payment systems? Explain. Explain Different Types of Popular e-Payment Systems The following are the most popular e-payment systems 1) Credit Card 2) Debit card 3) EFT 4) Stored value cards and e-cash 5) e-checks 1: Credit Card   What are different types of e-payment systems in e-commerce The Credit Card is plastic credit card with a magnetic strip issued by a bank or financial institution. Holders of a valid credit card have the authorization to purchase goods and services up to a predetermined amount, called a credit limit. The vendor receives essential credit card information from the cardholder, the bank issuing the card actually repays the vendor, and eventually the cardholder repays the bank through regular monthly payments. If the entire balance is not paid in full, the credit card issuer can legally charge interest fees on the unpaid portion. 2: Debit Card: A debit card is a plastic card issued by banks to custom...

Explain Credit Card Payment System

Electronic Credit Card System on Internet Credit cards are the most popular E-Payment method. The Credit Card is plastic credit card with a magnetic strip issued by a bank or financial institution. Holders of a valid credit card have the authorization to purchase goods and services up to a predetermined amount, called a credit limit. There are the following 5 entities involved in Credit Card System as follows: Entities Involved in Credit Card Payment System 1. Card Holders. 2. Merchants 3. Card Issuer (Bank / financial institution for Card Holder) 4. Acquirer (Bank / financial institution for Merchant) 5. Card Brand (Company - Master, Visa card) Process of using Credit Card 1. Issue a Credit card to potential card holder. 2. A person requests to an issuing bank for Credit Card. The bank approves or denies the application. If approved a plastic card is delivered to the customer by mail. The card holder calls the bank to activate the card. 3. Card holder shows ca...

Types Of e-Commerce

Types/Categories/Modes of e-commerce. There are three main types of e-commerce as follows: 1) Business To Consumer (B2C) B2C ecommerce consists of selling goods and services to individual consumers. In this type, consumers or customers can visit the website and purchase goods online. The website will have a StoreFront. This storefront will show product details, pictures and a shopping cart. Shopping cart is used to collect items to purchase. Advantages of B2C e-commerce B2C e-commerce has the following advantages: * Shopping can be faster and more convenient. * Offerings and prices can change instantaneously. * Broadband telecommunications will enhance the buying experience. 2) Business To Business (B2B) B2B e-commerce takes place between two businesses. One business provides services to other business. Examples of B2B include: Online Advertisement, recruiting, sales, marketing, technical support and training. For eample, some companies provide online purchasing...

Difference Between Electronic Market and IOS

IOS E-Market 1 IOS may use private or publicly accessible network. E-Market may use publicly accessible network. 2 Customer supplier relationship is determined in advance. It is expected that it is ongoing relationship for multiple transaction. Two types of relationship (i) Customer to seller linkage is established at time of transaction for one time only.  (ii) Customer seller linkage is established for a fixed time period. 3 Agreements on nature and format of business document. Sellers market maker determine which transaction they will provide. 4 Advance arrangements are made so that both parties know which communication network will be used for system Customer and seller independently determine which communication network they will use. 5 Joint guidelines are formulated so that each party will know how system is used. No joint guideline are...

Classification of e-Commerce Applications

Electronic Market: is a place where online shoppers and buyers meet. E-market handles business transaction including bank-to-bank money transfer also.  In e-market, the business center is not a physical building.  But it is a network-based location where business activities occur.  In e-market, the participants like buyers, sellers and transaction handler are not only one different locations but even they do not know each other. Inter Organizational Information System (IOS): An IOS is a unified system with several business partners.  A typical IOS will include a company and its supplier and customers.  Through IOS buyers and sellers arrange routine business transactions.  Information is exchanged over communication network using specific formats.  So, There is no need for telephone calls, papers, documents or correspondence TYPES OF IOS 1)     EDI(Electronic Data Interchange):  It provide secure B2B connection over value ...

Role of E-Commerce in Daily Life

Role of e-commerce The role of e-commerce in daily life is becoming very important. This is the age of computer and internet. People find it easy to shop online and find the ordered goods on their door step. E-commerce can be used in the following ways: 1) Online Education Online education is becoming very popular. Different types of interactive tutorials are available on internet. The students can download online books and tutorials free or with some price. Some websites provide online lectures for students. 2) Electronic Banking Many banks are now introducing online banking. You can connect to your bank using your computer via internet. You can perform daily financial dealings from home. Many customers pay their bills using electronic banking. 3) Electronic Shopping Now, People can shop from home using internet. Different manufacturers present their products on internet. People visit their website and select suitable products to purchase. Credit card is normally...

Definition and History of ECommerce

What do you mean by E-Commerce? Electronic Commerce (e-Commerce) is a general concept covering any form of business transaction or information exchange executed using information and communication technologies (ICTs). e-Commerce takes place between companies, between companies and their customers, or between companies and public administrations. Electronic Commerce includes electronic trading of goods, services and electronic material. BRIEF HISTORY OF E-COMMERCE + E-commerce started in early 1970’s with invention of electronic fund transfer(EFT). + Only used by large organizations, financial institutions and a few small business at that time. + After invention of EDI (Electronic Data Interchange) from financial institutions to manufacturers retailers, services and so on. + Many other e-commerce applications started from stock trading to travel reservation system. + With commercialization of internet in early 1990’s. The term electronic commerce was used. Interne...