In the lower left-hand corner are basic e-
shops, which are electronic version of traditional
ways of selling only. On the other
extreme, at the upper right hand corner is
value chain integration, which cannot be
done at all in a traditional form, is critically
dependent upon information technology for letting information flow across
networks, and creates added value from
integrating these information flows. In
between are business models that often
find some degree of analogy in non-elec-
tronic business. For example, trust serv-
ices have been provided since years by
public notaries or by industry bodies. Their
functionality is being re-implemented by
electronic trust services. However, at the
same time new trust functionality is be-
ing added, that intrinsically requires IT
support, such as encryption and public and
private key management. The same holds
for value chain service provision, such as
electronic payments support: partially this
is a matter of offering by electronic means
the same as what is already being offered
non-electronically such as account man-
agement. At the same time new function-
ality is being provided such as Internet
smart card support, e.g. for purchase cards
in B-to-B trading.
In the lower left-hand corner are basic e-
shops, which are electronic version of traditional
ways of selling only. On the other
extreme, at the upper right hand corner is
value chain integration, which cannot be
done at all in a traditional form, is critically
dependent upon information technology for letting information flow across
networks, and creates added value from
integrating these information flows. In
between are business models that often
find some degree of analogy in non-elec-
tronic business. For example, trust serv-
ices have been provided since years by
public notaries or by industry bodies. Their
functionality is being re-implemented by
electronic trust services. However, at the
same time new trust functionality is be-
ing added, that intrinsically requires IT
support, such as encryption and public and
private key management. The same holds
for value chain service provision, such as
electronic payments support: partially this
is a matter of offering by electronic means
the same as what is already being offered
non-electronically such as account man-
agement. At the same time new function-
ality is being provided such as Internet
smart card support, e.g. for purchase cards
in B-to-B trading.
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