Private Sector Set out to Speed Up E-Commerce Standardization

Article excerpt

A group of e-commerce experts have set out to push for a faster standardization to lay the foundations for faster and universal transaction tools on the Web.

ECIF (Electronic Commerce Integrated Forum), a private group that aims to speed up e-commerce standardization, launched formal operations with a conference at COEX in southern Seoul, yesterday.

At the conference, participants agreed to urge the government and related agencies to develop universal standards for e-commerce that would eliminate overlapping investment and encourage compatibility.

``A national standard for e-commerce solutions is urgently required so that the country can compete with other advanced nations on the Internet,'' an ECIF spokesman said.

The conference, jointly organized by the Ministry of Information and Communication and the Ministry of Commerce, Industry and Energy, checked the progress made in the domestic info-tech industry regarding e-commerce standards.

Director of ECIF Park Yong-song urged private companies to join the forum to kickstart the standardization move spearheaded by the private group.

``The launching of ECIF will transfer the initiative of the standardization from the government to the private sector, which will streamline the channel for international e-commerce cooperation,'' Park said.

Up until recently, the standardization efforts have been pushed by 15 state-run agencies, delaying the agreement on specific schedules and tools for efficient and secure e-commerce solutions.

The forum is planning to push ahead with the standardization through four working-level committees -- electronic catalogue, billing and certification, electronic documents, and e-commerce services.

Domestic online firms are pinning high hopes on the launching of the forum since they have so far faced a host of obstacles in jump-starting e-commerce due to the lack of universal codes. …