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Just when you thought that you had learnt all the new buzzwords, I am
about to coin another one. Without this new buzzword, much of what
you would do using Bolero will not make sense. I am going to talk
about d-commerce, which stands for document commerce. Although
you may not have heard of it, d-commerce is what you do when you
conduct any important business transaction. For example, you do not
sell tons of grains or barrels of oil by using a credit card. You do it by
signing and executing a number of documents. It is this process of
conducting commerce on the Internet by an exchange of documents
that I have termed d-commerce. It is d-commerce, which occupies a
large amount of resources in any business organization. This is the
area in which we can bring greater efficiency and cost savings by using
Bolero's d-commerce initiative.
D-commerce has been neglected by the first wave revolution- which
we may call e-commerce-brought about by the Internet. Bolero's
initiative makes d-commerce a reality by making it accessible to small
and large businesses. This chapter defines what d-commerce is and
how Bolero's initiative brings several advantages to businesses.
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