U-Commerce Explained in Detail
“U-commerce means that you are able to undertake commercial transactions safely from any part of the world at any time and using any kind of gadget. ”
To understand U-Commerce, we got to have an idea of what commerce actually is. Commerce, to put in very plain terms, is the purchase and sale of goods and services. This sale and purchase of commodities may be limited to one place or may involve extensive transportation.So far we have had different varieties of commerce like E-Commerce, M-Commerce (through mobile), V-Commerce (through voice commands that are involved in transactions) T-Commerce (through television) and so on and so forth.
As innovation is human nature, so businessmen and management gurus all over the world have been thinking of bringing together all the varied forms of commerce under one roof. This integrated form of commerce is called the U-Commerce (you may call it Universalized Commerce).
U-commerce means that you are able to undertake commercial transactions safely from any part of the world at any time and using any kind of gadget. This not only leads to a lot of convenience for the buyers and the sellers but also speeds up the transactions for maximization of profits.
The various meanings of U-commerce that have been characterized by experts include Uniqueness, Universality and Unison. Uniqueness means that your identity will not resemble the identity of any other user.
You may be situated in the remotest corner of the world but U-commerce would enable that you are able to carry out commercial transaction without any fear of impersonation or loss. Payment facilities these days are a case in point.
Universality means that all the electronic gadgets should conform to universal standards and provide full mobility to their users. Be it a computer, a laptop, a mobile phone, a PDA or the like, you should be able to use it at any time from any part of the world.
Unison means the unification of all the information available throughout the world. Let’s say you change an entity (say an address) in your phone book. U-Commerce demands that this change should be reflected in other gadgets that you use like a Calendar or a PDA.
As a matter of fact such U-Commerce ventures have already been undertaken by some companies. For example, certain leading motor manufacturing units have automated their data collection regarding their vehicles that are used all over the world.
Author - DeeKay
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