Potential Advantages of Semantic Web for Internet Commerce.

Yuxiao Zhao, Kristian Sandahl · 2003

Past decade saw much hype in the area of information technology. The emerging of semantic Web makes us ask if it is another hype. This paper focuses on its potential application in Internet commerce and intends to answer the question to some degree. The contributions are: first, we find and examine twelve potential advantages of applying semantic Web for Internet commerce; second, we conduct a case study of eprocurement in order to show its advantages for each process of e-procurement; lastly, we identify critical research issues that may transfer the potential advantages into tangible benefits.

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