| The Founding of allBiz:
allBiz, in simple explanation, is an "Internet Trading Portal". It is primarily developed to provide businesses with the ultimate solution to explore for further business opportunities and conduct businesses without boundaries. Based on the latest research, about 90% of most businesses close down in its first 2 years of operations; this is mostly because of the inability to explore for bigger target market potential. Particularly the small and medium enterprises (SMEs) are beginning to discover that survival is much tougher as time goes on, this had led to the gradual diminish of SMEs and business entrepreneurs from the market. This is because they are all facing a common danger which is their limited resources as compared to big cooperates, who are all moving towards monopolization strategies nowadays. Although in certain countries, the governments have come up with numerous policies in protecting the survival of SMEs and young entrepreneurs such as interest-free loans, startup capital funding, reduction of tax etc. However, these policies do not seem to be effective remedies because ultimately business leads is still the key to the SMEs survival. Because of such an actual scenario on the business market, allBiz finds its meaning for existence. Generally, it is a communication medium for SMEs around the world, or perhaps an alternative route for exploring business opportunities, except that such a route does not have any boundaries restricted. In Malaysia, most people's perception towards buying and trading online has a very negative impression, this is because there have been a high statistic on the number of online frauds in the country. However, this result cannot lead to the assumption that e-Commerce is not secure; in fact ultimately it depends on the security system that is actually devised in the country. Countries such as the United States, United Kingdom and Singapore have a properly devised e-Commerce protocol for the country that has the direct cooperation from their banks for security adjustments. In this case, e-Commerce has become a driving force and essential tool for consumers and businesses to utilize, and also pushing their countries' economies to a higher level. "The key factor towards the increasing Internet frauds in Malaysia that resulted in the national bank to close down Internet merchant account service is because the people are not practicing e-Commerce in an orthodox way. Security protocols and systems are not properly devised also have a direct effect on the growth of e-Commerce. Therefore, the creation of allBiz is also to make sure that members are imparted with the knowledge of practicing e-Commerce in the most orthodox way, in this case, frauds will be minimized." From the initial stage of research to surveys, analysis, conceptualizations, modeling, development, modifications, testing, debugging and finally implementation. The main core and foundation of allBiz has already been completed to facilitate businessmen, from now on, constant research and development that will eventually lead to further enhancements of the portal will be carried out. Ultimately, we will want to transform allBiz to attain our vision of: "To revolute our society into a cashless, highly-secured and yet user-friendly environment for businesses to be conducted and at the same time excel." |