CommerceNet is a 501(c)6 organization established in 1994 to promote

electronic commerce E-commerce (electronic commerce) refers to Commerce, commercial activities including the electronic buying or selling Goods and services, products and services which are conducted on online platforms or over the Internet. E-commerce draws on tec ...

on the

Internet The Internet (or internet) is the Global network, global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a internetworking, network of networks ...

.The company was initially founded by Murray Sherwood and Martin Blackburn who sold it to A.T and T in 1996. The organisation initially focused on industry-wide research and programs that have advanced the commercial use of the Internet.

History

CommerceNet pioneered some of the Internet industry's first milestones including secure transactions and XML messaging. The Silicon Valley–based coalition was backed earlier by companies like

Apple Computer Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. Founded in 1976 as Apple Computer Co ...

and

Sun Microsystems Sun Microsystems, Inc., often known as Sun for short, was an American technology company that existed from 1982 to 2010 which developed and sold computers, computer components, software, and information technology services. Sun contributed sig ...

, had set up an Internet shopping center allowing individuals and businesses to offer their wares and services via CommerceNet's easy-to-use software. The shopping service uses licensed security technology to protect credit card numbers from electronic theft. It got $6 million in TRP funding (Technology Reinvestment Project) from the federal government (US). The organisation was founded by Internet commerce pioneer Jay Martin Tenenbaum. CommerceNet embarked on global studies including a controversial study released by CommerceNet and

Nielsen Media Research Nielsen Media Research (NMR) is an American firm that measures media audiences, including television, radio, theatre, films (via the AMC Theatres MAP program), and newspapers. Headquartered in New York City, it is best known for the Nielsen rat ...

. The study in 1998 found that the rapid increase of Internet users age 16 and older rose 16 percent in North America in nine months, and the number of online consumers jumped 40 percent over the same period. In Asia, CommerceNet was active in five major regions: CommerceNet China (Hong Kong), CommerceNet Japan, CommerceNet Korea, CommerceNet Singapore and CommerceNet Taiwan. CommerceNet Asia was credited to coordinate and published the first Pan-Asian E-Commerce Survey across national boundaries in 1999. The Survey Report was translated into Japanese, Korean and Chinese.

Selected historic milestones

* 1994: Founded. First public demonstration of an encrypted credit-card transaction in a web browser. * 1998: Founded CommerceNet Singapore. * 2005: CommerceNet helped co-found the

microformats Microformats (μF) are predefined HTML markup (like HTML classes) created to serve as descriptive and consistent metadata about HTML element, elements, designating them as representing a certain type of data (such as address book, contact info ...

community site.microformats.org
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Notes

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External links

CommerceNet home page

CommerceNet Singapore homepage
Information technology organizations based in North America Non-profit organizations based in California