This week I learned about the history of Secure Electronic Transactions (SET).
- This week I learned about the history of Secure Electronic Transactions (SET).
- In the early days of the internet, no one thought consumers would feel comfortable putting their credit card into websites.
- If you asked users why they weren't buying things online, that's what they reported as being the blocker.
- So an industry coalition set out to do a proper, deep solution: SET.
- Then Amazon came out and people went, "Oh I can buy whatever book I want on here? Here's my credit card!"
- The limiting factor was not the purported strength of the technical solution but the amount of demand.[j]
- If the demand is strong enough, then even a hacky solution is good enough.
- Another example of a SOAP being beaten by a REST.