Research Paper Example | Topics and Well Written Essays - 1250 words - 12

Research Paper Example The payment is made through secure servers where the merchant website redirects to the consumer’s online bank account, allows a secure login and subsequent initiation of electronic payment in favour of the merchant. (Karnouskos and Fokus, 2004). Web 2.0 is the latest technology that has taken the internet worl and the internet community by storm. It is characterised in the way a user interacts with the web. Unlike its predecessor the â€Å"Static Web†, this version of online Web interaction is a 2 way information exchange system. It not only allows the user to view and download content like text, video, audio, flash files etc, but also gives the user freedom to contribute to the online content. The technology behind, blogging, online user profile maintenance, twitter, Facebook, MySpace, Orkut, Google+, Linked In etc is Web2.0 which allows the user to customise his space or in other –words his profile. This is a frequently encountered feature in open chat rooms or discussion boards where users can either create profile or simply type text in the text boxes posting messages which mainly are polls, opinions, review or feedback about some product, service or technology. Forums like Physics forums, Maths forums, and online help forums are spreading like wildfire where users can interact with a team of experts from the comforts of their homes and get their queries answered by specialists. In such cases the users are separated by time and space which is what makes the interaction even more breathtaking Web2.0 redefines user interaction and has in fact changed the way people use the web. People use its much more like an online repository, a well organised, catalogued, tidy storage system capable of safe, secure and reliable storage of thousands of Gigabytes of information. Executive support systems or Manager Support Systems (as referred in some Enterprise Resource