exchange of information online is known as
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Electronic Data Interchange (EDI)
Electronic Data Interchange (EDI) is the electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than with paper. Business entities conducting business electronically are called trading partners.
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Information exchange or informationsharing are informal terms that can either refer to bidirectional informationtransmission/information transfer in telecommunications and computer science or communication seen from a system-theoretic or information-theoretic point of view.
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