XAML Revolutionizes E-commerce with Open Standard for Business Web Transactions

Strategic Insights -

The Fall Internet World 2000 conference brought together industry leaders in e-commerce, including Bowstreet, Hewlett-Packard, IBM, Oracle, and Sun Microsystems, to discuss the emergence of XAML, a new XML standard for cross-platform business transactions. XAML aims to extend transactional integrity across web services sourced from multiple vendors, enabling the coordination of business transactions involving web services from different sites. This new standard promises to revolutionize e-commerce by facilitating dynamic B2B interactions and reliable transaction processing.

Key Takeaways:

  • XAML is an open standard for business web transactions that extends transactional integrity across web services sourced from multiple vendors.
  • The standard is designed to facilitate coordination of business transactions involving web services from different sites, enabling dynamic B2B interactions.
  • Leading companies, including Bowstreet, Hewlett-Packard, IBM, Oracle, and Sun Microsystems, are supporting the development of XAML.
  • XAML is built on top of XML and enables seamless extension of secure, reliable Internet technology across company boundaries.
  • Oracle's database serves as the transactional engine of choice within today's e-businesses, and XAML provides an industry standard way to extend its secure and reliable Internet technology across company boundaries.
  • The e-speak platform, developed by Hewlett-Packard, is built to support open and emerging standards, including XAML, for complex transactional management of e-services.

Statistics:

  • None mentioned in the source material.

Sources:

  • Business/Technology Editors Fall Internet World 2000
  • Business/Technology Editors (Oct. 25, 2000)
  • Companies mentioned: Bowstreet, Hewlett-Packard, IBM, Oracle, Sun Microsystems