May 17, 1865 marked the foundation of the International Telegraph Union, which was later renamed as the International Telecommunication Union.
In 1849, the first international telegraph line was established, which required compatible telegraph equipment and parameters of transmitted signals in different countries, as well as solving numerous organisational, legal and, sometimes, political issues. New communication equipment required new international treaties to regulate issues that had never been on the agenda.
The first International Telegraph Convention and International Service Regulations were signed by 20 countries including Russia in Paris on May 17, 1865.
The Telecommunications Day has been internationally celebrated since May 17, 1969.
In 2006, the day took its current name and was declared as such by the UN General Assembly.
Interesting facts:
The first money transfer based on a telegraph line was accomplished by Western Union in 1871.
The first charge card company was Diners Club founded in 1949. Its key difference from its predecessors was that there was an intermediary responsible for settlements between a customer and a commercial company.
The first connection between two computers, i.e. the possibility of transmitting information from one computer to another, was established in 1967 thanks to Larry Roberts.
In October 1969, the first communication session between two computers located remotely from each other was held.
The first email software was developed in 1971.
1988 marked the development of the first online chat, which enabled real-time communication via the internet.
In 1994, Stanford Federal Credit Union became the first bank to offer online banking to its clients.
The first connection to the internet via the telephone network was established in 1990.
The first ever online purchase was made in August 1994.
It is impossible to imagine the modern world without a developed digital telecommunication system. We at VEPAY are proud to be part of this astonishing technological process.
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