silent commercen.
/ˌsʌɪlənt ˈkɒməːs/, /ˌsʌɪln̩t ˈkɒməːs/, U.S. /ˌsaɪlən(t) ˈkɑmərs/ Originally: commercial activity consisting of financial transactions that are automatically conducted between businesses' computer systems without human intervention. In later use: the use of wireless and remote sensing technology to monitor and automate commercial processes and activities, such as the management of supply chains.
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1999 PR Newswire (Nexis) 4 Oct. (Financial section) Because Intershop enfinity supports the latest XML technologies, it is an ideal environment for developing ‘silent-commerce’ solutions, or automated machine-to-machine transactions.
2001 National Post (Canada) (Nexis) 26 Feb. c18 International Paper says it is committed to spending $US2-billion on smart packaging before the end of 2004... The company's director of silent commerce..says 25% to 30% of these funds will be devoted to the sale of RFID readers.
2007 Mail on Sunday (Nexis) 22 Apr. Welcome to the frightening world of ‘silent commerce’, where your bank cards are impregnated with data-containing chips that communicate with the branch (or cash machine) as you approach.
2018 @OCC_Strategy 23 Aug. in twitter.com (accessed 29 July 2019) ‘Silent commerce’ presents an opportunity to disintermediate #retailers and gain far greater margins.
This entry has been updated (OED Third Edition, September 2020; most recently modified version published online March 2022).
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n.1999- artificial intelligence
- artificial island
- artificial kidney
- artificial language
- artificial leech
- artificial life
- artificial line
- artificial lung
- artificial magnet
- artificial manure
- artificial memory
- artificial mother
- artificial number
- artificial person
- artificial peruke
- artificial pneumopericardium
- artificial pneumoperitoneum
- artificial pneumothorax
- artificial porcelain
- artificial reality
- artificial respiration
- artificial respirator
- artificial rubber
- artificial satellite
- artificial selection