Location-based Commerce (L-Commerce) refers to the localization of products and services through mobile commerce and context aware computing technologies. L-commerce revolves around 5 key service areas:
- Location: determining the basic position of a person or a thing
- Navigation: plotting a route from one location to another
- Tracking: monitoring the movement of a person or a thing
- Mapping: creating maps of specific geographical locations
- Timing: determining the precise time at a specific location
Read more about Location-based Commerce: Technologies, Applications
Famous quotes containing the word commerce:
“Honour sinks where commerce long prevails.”
—Oliver Goldsmith (1728–1774)