MB362 Electronic & Mobile Commerce

Monday, February 28, 2005

Weekely Article 6

Speed the Wireless Payment
By Susan Kuchinskas

http://www.internetnews.com/ec-news/article.php/3485976

RFID will certainly make payment easier. However, it is a matter of time and the amount of push towards using this technology that will determine its wide usage.

Review of Seminar 6

We learnt:

-Platform Neutrality of the Web

-Dynamic content

-Two-Tier Client/Server Architecture and Three-Tier Client/server Architecture

-Web Server Software

-Telnet and FTP Utilities

-Indexing and Searching Utility Programs

-Web Server Hardware

-Competing Platforms: Platforms suitability

Monday, February 14, 2005

Weekly Article 5 & 6

Study Reveals Riskiest Regions for E-Commerce
By Jennifer LeClaire
E commerce Times

http://www.ecommercetimes.com/story/40303.html


This article talks about regions in the world that has the worst reputation for e-commerce, i.e. with the most fraudulent orders made thru the net.

Smaller merchants are exposed to higher risk due to such fradulent orders, as fraud protection is best with automated fraud screening tools, which cost higher. Manual check will not be foolproof and if merchants are hacked, they might lose their business.

Weekly Article 5

Study Reveals Riskiest Regions for E-Commerce
By Jennifer LeClaire
E commerce Times

http://www.ecommercetimes.com/story/40303.html


This article talks about regions in the world that has the worst reputation for e-commerce, i.e. with the most fraudulent orders made thru the net.

Smaller merchants are exposed to higher risk due to such fradulent orders, as fraud protection is best with automated fraud screening tools, which cost higher. Manual check will not be foolproof and if merchants are hacked, they might lose their business.

Weekly Article 4

Study Reveals Riskiest Regions for E-Commerce
By Jennifer LeClaire
E commerce Times

http://www.ecommercetimes.com/story/40303.html


This article talks about regions in the world that has the worst reputation for e-commerce, i.e. with the most fraudulent orders made thru the net.

Smaller merchants are exposed to higher risk due to such fradulent orders, as fraud protection is best with automated fraud screening tools, which cost higher. Manual check will not be foolproof and if merchants are hacked, they might lose their business.

Review of Seminar 5

Did badly for the pop quiz. Lucky it was not counted. Gotta buck up during recess for this subject....there are just loads and loads of text books for me to read...i really wonder why people want to make the semester so short...

What I learned in the seminar:

- Steps in typical business purchasing: Matching process to process
- Direct vs. indirect Materials Purchasing
- Information required for a seller to obtain prior to selling.
- Logistics: Every physical movement is coordinated by info flow.
- Radio frequency identification devices, RFIDS: Two varieties, active and passive.
- EDI, info flow in EDI purchasing process
- VAN replaces direct connection EDI with indirect connection
- EDI acts as a hub is value added.
- EDI on the internet is appropriate for small players.
Reasons: 1. Low cost
2. OK for normal size transactions
Possible problems: Low security for interent transactions
- Supply Chain Management
- Characteristics of B2B mktplaces
- Building & Maintaining Trust in the Supply Chain
- Most efficient mkts -> Independent industry marketplaces

Review of Seminar 5

Did badly for the pop quiz. Lucky it was not counted. Gotta buck up during recess for this subject....there are just loads and loads of text books for me to read...i really wonder why people want to make the semester so short...

What I learned in the seminar:

- Steps in typical business purchasing: Matching process to process
- Direct vs. indirect Materials Purchasing
- Information required for a seller to obtain prior to selling.
- Logistics: Every physical movement is coordinated by info flow.
- Radio frequency identification devices, RFIDS: Two varieties, active and passive.
- EDI, info flow in EDI purchasing process
- VAN replaces direct connection EDI with indirect connection
- EDI acts as a hub is value added.
- EDI on the internet is appropriate for small players.
Reasons: 1. Low cost
2. OK for normal size transactions
Possible problems: Low security for interent transactions
- Supply Chain Management
- Characteristics of B2B mktplaces
- Building & Maintaining Trust in the Supply Chain
- Most efficient mkts -> Independent industry marketplaces

Monday, January 31, 2005

Review of Seminar 4

It was a relaxing seminar. Was so worried about our flash, thought it was a flash gone out of point. Was quite proud that we performed much better than expected. Still, there is much to learn about flash, maybe because I felt that using SWISH was more like building some powerpoint, but of course, the audio editing part was new and tough. This project definitely gave me a good start to using flash. I will try macromedia flash someday soon.

Video stream such as flash really impacts the audience. The mood, desire and interest changes dramatically when watching the flash movies that the groups presented. It is surely a great tool to be used for marketing business products.

Weekly Article 4

World's First Virtual Disco for 3G Phones
http://www.3g.co.uk/PR/Jan2005/9022.htm

The title of the article sounds absurd to me at the first look. How to dance like in a disco, using a 3G phone?? I was thinking maybe the phone could blast some disco music so loud that it seemed like a disco or something.

Its seems quite similar to the idea one of the project groups in our class have. A simple idea of downloading the latest rock music may seem boring, but if the whole video is sort of a virtual MTV, showing the latest dance moves, together with the latest music, it might help quite a bit in its attractiveness. Oh...and it will fit the project aim...people who download the MTV will learn the latest dance moves. Maybe they can put in an additional 'dance-moves' learning video file, so that interested people can download them after watching the MTV. Ha, maybe they can include a software that records a video of the user learning the new dance, and grade them. This will probably add in an element of 'play' in it.

:)

Monday, January 24, 2005

Review of Seminar 3

What we learned in Seminar 3 was about the many different revenue models that companies adopt, sometimes changing from one to another or revert back, in the aim of achieving success. We learned how important web prescence was to a company, and it was intriguing to me that so many factors determine the effectiveness of a web prescence.

We had project discussion soon after, however it seems to me that we could not grasp hold of the main aim of this project. Hopefully we will get on the right track.

Weekly Article 3

http://www.economist.com/science/displayStory.cfm?story_id=3535732

Computer chips for “open-spectrum” devices are a closed book

This article is about how 'open' Wi-Fi has allowed modern telecommunications devices, but this 'openess' is limited by manufacturers that view such openess as being a threat to legal issues due to uncontrolled ability of users to change the chip, and they are also worried about leaking trade secrets.

However, the article repudates these worries as unneccessary, as manufacturers need not worry that making it more open(allow access to interface information by the public), through measures such as not releasing legally sensitive information. The article claims also that releasing information would not threaten itself, but in fact open up its market to higher chances of chip sales.

Monday, January 17, 2005

Seminar 2 Review

There were quite some 'first time' for me in the last seminar. With the help of my teammates, all of which were first timers to HTML, I created the first HTML script of my life. It was not a difficult task after all, most probably due to support my teammates gave, and the informative and educational webpages that proved very useful in helping me recognise the codes and apply them. However, I find that to master HTML requires more personal read up and practice, which I hope I can learn more from the recommended webpages and books.

Weekly Assignment 2

http://www.ecommercetimes.com/story/39707.html

Motorola, Oakley Team To Make Wearable Wireless

From the report: "evolutionary and innovative products for consumers who want hands-free, untethered operation of their electronic devices"

Bluetooth in Singapore is still not very widely used. Other than being useful as wireless headphones and microphones for handphones, or transferring data from handphones to computers, the functions that use bluetooth are still very narrow as compared to its capability.

As read from the report, bluetooth is still on it way of extending itself to integrate into many common devices that we use now. With this technology that can be used to connect devices such as computers to printers, instead of using wires that mess up the whole table, it is really a very useful technology to have. However, its price is still quite high now as common wiring is still cheaper. Companies who intend to integrate bluetooth into devices would have to come up with sound marketing plans to make the end product worth its while.

Tuesday, January 11, 2005

Weekly Assignment 1 (Wk 2):- Cable Giant Comcast To Offer VoIP Phone Service

Website URL: http://www.ecommercetimes.com/story/39543.html

VoIP service is still new to me as it is not yet adopted by Singapore telecommunication providers to provide to the mass public such service. My first contact with VoIP is probably when I was introduced to skype one years ago, a free internet telephony service that uses P2P to link two PC users together.

Some notes that I have gathered from the article:

VoIP costs more but does not have good voice quality as compared to traditional phone service techonology that it threatens. This would probably explain why it might be the contributing factor to the slow rise of the use of most new technologies. My understanding to it is that this is why it explains part of the hype cycle, where people's expectations are always too high and rush at initiation, but they finally gather information on the actual rise of the technology.

VoIP, is an emerging disruptive technology to telecommunications companies, which offers traditional voice service using phone lines and such. It is likely to create another telecommunications wave that threatens traditional phone companies to adopt VoIP service, in competition with cable companies, that are better structured to deal with and already have the relevant expertise with internet technology. Here in the article, it is the Cable Giant Comcast that threatens traditional phone companies in Philadelphia, Massachusetts and Indiana. Hence it is of theirs and my opinion that cable companies would pick up this new emerging service much faster than traditional phone companies. However, with existing customer base and experience dealing with them, traditional phone companies can to overcome this barrier by using this advantage.

Also, this type of electronic commerce activity can be classified under B2C (business to consumer) transactions.

First lesson on E/M Commerce

The talk by Clayton Christensen from Harvard University gave me an insight into the impact of using new technology such as the internet, on the industry structure etc. I came to know the terms such as dirusptive technology, business models, and scenario planning.

It has never occurred to me that new information technologies can be so disruptive to industry structures that people actually study them. Its importance has been undermined by me previously, as I got to learn more during the lecture, that it is of great relevance to business models and planning.

Handphone features discussion presented to me more examples of what can be classified as disruptive technologies.

The first lecture has certainly aroused my curiousity to know more about E-commerce.

Wednesday, January 05, 2005

Analysis

1. Some participants appear more frequently than others in the log. They have the tendency to appear for the same information needs although for different days. However there is no pattern for places and times.

2. Information needed is cheap, or most of the time it costs nothing at all. This is because most of the information that is required is not very scarce. To carry on with daily life, one does not need to pay much for information. They can be obtained mostly from friends, relatives or from memory. However, for information that is scarce, one will need to pay for it with time and money, and it will hence be more costly.

3. Match between cost and value. Overall, due to the mass of infomation that is not scarce and have no costs, the cost is almost always 0 and value varies. However, for scarce information, it has resulted in high cost that always matches with high value.

4. Pattern between source and uses. A same source can provide for many uses. For example, source: roommate, can provide for use in information need on 'WSC meeting timing', 'Location of himself', 'dinner timing' etc. A same source will also provide for the same repeated use.

It was interesting to me to realise that I required quite a lot of information to get on with daily life. I tend to rely on the internet too, as well as my handphone. Person to person information gathering amounted only a small portion of information gathering. Most information can be gotten from what we see from static objects. The most frequently appearing information provider was the internet, handphone, and people. They are my main sources of information that I can get.

Day 2 log

03 Jan 2005 Monday

TimeInformation required/useMy locationSourceCostValue
0800Location of alarmclock (Switch off alarm)BedTableNonemed
0815Location of shoe (Leave for sch)DoorShoe rackNonelow
0845Yogurt sweet (to keep awake)LT 25BagNonemed
0900Location of nearest water available (Break washup)LT 25MatthewNonelow
0915Location of diagram (2 understand lecture)LT 25NotesNonemed
0930Door (to leave LT ASAP)LT 25Back of LTNonemed
0945Price of milo (to pay Auntie $)

Canteen A

DispenserNonelow
1000Location of MatthewLee Wee Nam LibraryUse handphone to message him, couldn’t get a reply$0.05 per smsmed
1015Number of people in the queue in printing room

in front of PC in library

Printing roomNonelow
1030Price of mixed rice (to pay auntie)Canteen AAuntie selling riceNonelow
1045Weather

Covered walkway

SkyNonelow
1100If roommate is in room

Hall 8 walkway

Handphone to message him$0.05 per smslow
1215Today's news (Update on headline news)RoomStraits times websiteNonehigh
1230Time to wake up later (For class)RoomTimetable on wallNonemed
1345Location of T-shirt (To wear)RoomCupboardNonelow
1400Whether lecture notes are uploaded on the edventureRoomEdventureNonelow
1500Confirm the time of WSC meeting

MLT

Roommate Rayson$0.05 per smsmed
1600Whether to buy anatomy and biology textbook that costs a total of $130+ (Decide on whether are they useful)South Spine S4 outside PopularWeimingNonelow
1645Where are the quiz dates I took down in my notebook (To write into planner)RoomNotebookNonelow
1800Whether to wake roomate up (To go for meeting)RoomClockNonelow
1900Who are the people not coming for the meeting

Canteen A

WSC Particulars list

Nonehigh
1915Are there any available tutorial rooms (To hold the meeting)

Canteen A

Search for tutorial rooms in north spineNonemed
2000Have my WSC members paid up for WSC T-shirtTutorial Room 1WSC MembersNonemed
2130What lecture do I have to prepare for tomorrowRoomTimetable on wallNonelow
2345How many alarms to set to wake myself up tomorrow (To make sure I can wake up early 0730 in the morning tomorrow)

Room

Found out the maximum number of alarms I am able to set in my handphoneNonemed


Day 1 Log

02 Jan 2005 Sunday

Time

Information required/useMy locationSourceCostValue

1000
Time of the day (Decide whether to wake up)
Bed at home in Mandai

Switched on handphone

None

low
1015Time of the day (Decide whether to wake up again after lazing for a while)Bed at home in MandaiHandphoneNonelow
1030Is there breakfast for me? (Fill my stomach)ToiletKitchenNonelow
1045Today's news (To update on Tsunami disaster)KitchenLianhe Zaobao in living roomNonelow
1100Is Ariel free this afternoon to go Queensway shopping centre (Shop for new year clothes)KitchenMessaged her using handphone$0.05 per smsmed

1130

What things to bring back to school? (To prepare for school reopening)RoomScattered stuffs on tableNonemed
1200Will I be late?On the busWatchNonehigh
1400Size of shirt available (Decide on whether to buy shirt)Shop in Queensway shopping centreSales assistantNonemed
1445Location of food court or hawker centre (To have lunch)Queensway shopping centreArielNonemed
1515Weather (to bring out umbrella if it is going to rain)Queensway shopping centreSkyNonelow
1645What time is the movie screeningJurong pointTV outside movie theatreNonemed
1700Does Ariel want to eat something while watching the movieJurong pointArielNonemed
1915Location of toiletJurong pointSigns hanging from the ceilingNonelow
1930What to eat? (Dinnertime)Jurong point foodcourtFood stallsNonelow
2100Whether my anatomy subject is up on edventureRoom in hallEdventure websiteNonelow
2130What notes to print tomorrowRoom in hallEdventure websiteNonelow
2200How many emails I have to clear in my yahoo mailRoom in hallYahoo mailboxNonelow
2300What to bring to school tomorrowRoom in hallRoomate RaysonNonemed
2330What time to wake up tomorrowRoom in hallTimetable pasted on wallNonelow


Friday, December 31, 2004

My First Post

Blogging for the first time at blogger.com..feels good!