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“Electronic commerce,” or “e-commerce” for short, is the practice of buying and selling goods over the internet and other electronic means. Some of the technologies used in e-commerce are supply chain management, internet marketing, mobile commerce, electronic money transfers, and automated data collection systems. Dr. Robert Jacobson was the first person to work in this field. He came up with the idea and made up the word. Consultant in charge for the Utilities and Commerce Committee of the California State Assembly.
Dr. Jacobson was given the job of updating the law on telecommunications in the state of California. A virtual space is a three-dimensional environment made by computer software that people can interact with. It could give the user an interface that looks like the real world or one that is made up. The name is also used to describe the markup language that is used to build VRML.