How "M" Commerce is changing the world!

From " buying and selling via the Internet through computers" to " buying and selling goods and services through wireless handheld devices such as a mobile phone" - oh how exciting the world is becoming!! Research has shown that by 2010 the average wireless user will spend 75 hours a year using the wireless Internet with 30.2 hours per year using a mobile phone. Mobile phones have become huge platforms for people delivering digital data, recording and downloading, Internet access and transmitting payments. There has been a great increase in the amount of mobile users comfortable with making banking and purchase transactions on the go with their mobiles.

Business people were use to carrying the likes of cameras, laptops, newspapers, their wallet and even a heavy briefcase, but now this can all be incorporated into one - their mobile phone! Personalising their own phone they can have anything they want at any time! Businesses have many values using this wireless technology including communication with their customers, suppliers and other work colleagues at any time, this will in turn increase worker productivity and output and also it cuts cost for companies.

Three different types of wireless technologies today include Infrared, Bluetooth and WiFi. The Infrared Data Association has over 300 million devices, its communication features include a distance to up to 2 meteres, it has bidirectional communication and this involves "beaming" with palm devices. Bluetooth is an IP based technology with low power requirements. Bluetooths major communication features include auto - discovery mode for ad hoc networks and it supports both voice and data communication. Bluetooth has a huge advantage over Infrared as no " line of sight" is required. WiFi, the new sexy technology standing for wireless fidelity operates on free, unlicensed radio frequency bands. The use of WiFi is huge especially in warehouse environments, hospitals and clinics, corporate campuses and also the use of hot spots.

I believe that WiFi is the answer, we can finally have the use of the Internet anywhere we want through our mobiles and laptops. although their are many obstacles which need to be worked on; the security, the availability of WiFi, the signal interference and how do you possible make money out of WiFi?!

I think M Commerce has made the world of technology so exciting from been able to now book a flight on my phone, buy any goods or services i want on my phone or checking my bank balance on my phone is so cool!! My mobile phone is no longer, its my mobile wallet!!