Bata
$0.02563 -5.64%
BTA · 229w

BBP | Bata Barter Platform Set to Change Commerce For the Better

BBP| Bata Barter Platform, Exchange, and Marketplace represent a transformative vision of the future of commerce, with the goal of removing the greatest pain points in the lives of sellers and buyers of goods and services. Our vision is to create a new system of commerce that will create new jobs for an information based economy, and to help break away from the current system of debt based money. Providing unique interfaces, tools and automation features for traders of goods and services, commerce will be redefined by Bata. Users will more easily participate in barter as means of trade, while also allowing traditional buying and selling, and adding a system of incentives and leverage to traders and users in unique ways. It will build up a new form of trading community around the Exchange and Marketplace, and bring value to the entire cryptocurrency ecosystem.

Traditional Barter Platform vs. BBP

Bartering helps you exchange goods or services at once, without money. It has no limits and can be done both on a very small-scale and on an exceedingly larger-scale. The arrangements are under the control of member-only associations, with credit units the channel of exchange, (other terms like trade exchange, barter exchange and countertrade exchange). To explain the channel of exchange, different terms like credits, units, barter dollars or trade dollars are being used. As the medium of exchange, the term which is mostly used is trade dollar.

Looking deeper into barter deals there is huge difference between direct barter and exchange barter. In return barter, you may use your capacity, inventory or excess time to trade for goods and services you need. For such deals, you don’t need money as long as you are part of a barter group with other businesses. Each business earns trade dollars which can be employed for the exchange of the things you want. Direct barter means to swap the service or product for the service of your seller.

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