Introduction
Well, if you've ever exchanged one of your toys with a friend in return for one of their toys, then this means you have bartered. Bartering is a very old method of exchanging goods for other goods/items without the involvement of money. From the ancient times civilizations use this bartering method for their livelihood. Earlier bartering was existed within a local area where people exchange goods but now due to the advent of internet it has expanded globally. The best part of bartering is that there is involvement of money and the flexibility it provides.
Technology has revolutionized the world with it's bi-products. Internet has allowed people and businesses to connect with each other, removing the country barriers. Similarly, barter business has also expanded it's legs worldwide and according to the world bank report barter transactions are increased tremendously over the years. This shows that people still love to use barter business model till date.
But everything is not so sweet as it seems, today the barter industry is facing many challenges which needs to be addressed immediately. Today's financial model is losing its trust from people's mind. Continued decrease in Fiat currency value, merchants are fear to accept it because in future if Fiat money loses its value then they will become bankrupt. Even though these problems emerging, government's and banks are forcing people to accept the Fiat currency which is unlimited in supply for every business transactions.
Even modern barter business model is filled with large number of middle-men, which poses lack of transparency and fraud issues. Since people from across the world use bartering platform, the payments get delayed, blocked and charged with high commission rates from the banks and payment service providers. Cross border payments always a big problem for international trades, country tensions poses a high risk in international trades.
But now, thanks to a team of professionals who are committed to solve the above mentioned problems with the effective utilization of Blockchain and Crypto solutions to revolutionize the barter industry by creating a project called BIZpaye.
About BIZpaye
The main aim of the BIZpaye is to create a blockchain technology powered decentralized platform which provides flexibility while making barter exchange across the globe. It is committed to solve above mentioned problems which brings ease, transparency, convenience and effectiveness in the barter business model like old one.
BIZpaye allow people to find best barter for themselves and directly make trade with them without any middle men involved. This also helps to lower the unnecessary commission charge from the goods. Thus, people from all over the world can exchange their goods easily and conveniently, it helps to increase liquidity and solves spare capacity problem. This helps almost any type of business to generate revenue from unsold and over produced goods.
The emergence of cryptocurrency has provided endless opportunities for businesses. Cryptos provide a best mode of payment solution worldwide by removing every country barriers and acts as a universal currency. Thus, businesses all over the world can instantly send and receive payments with very less transaction fee. This also helps to maintain healthy barter relationship between the market participants. Implementation of blockchain brings more transparency, trust and effectiveness in the industry.
BIZpaye's global barter exchange provides a effective way for small and medium sized businesses to transact without any restrictions. It is worth to note that BIZpaye is a real working company presently operating in more than 12 countries and has a business experience of 5 years. The BIZpaye International Group of Companies, which is a B2B & B2C Online and offline retail marketing company already generating million dollars revenue every year. This gives highest level of trust in this project as it is real company wants to extend its capacity through blockchain and crypto adoption.
Conclusion
BIZpaye is aiming to revolutionize the barter industry through the effective utilization of Blockchain and crypto technology. In today's global conditions people want to use barter business model rather than Fiat based model. BIZPaye accelerates the barter business model by bringing transparency, convenience and trust in the system. Thus, people all over the globe can effectively exchange goods and make instant payments through cryptocurrency without any country barriers. Projects like BIZpaye are much needed in this current market conditions.
Finally I would suggest you to read the official whitpepaper of the project for more details. This project needs much public attention and I wish all the best for this great project.
Learn more about Icechain:
Website: https://www.bizpayecrypto.io
Read Whitepaper: https://www.bizpayecrypto.io/Content/Archive/545/BIZPAYE-CRYPTO-WHITEPAPER-MAY-2019-pdf-400154.pdf
Telegram: https://t.me/BIZpayeCRYPTO
Facebook: https://www.facebook.com/BIZpayeCryptoToken/
Twitter: https://twitter.com/BIZpayeCOIN
Medium: https://medium.com/BIZpayeCryptoToken
LinkedIn: https://www.linkedin.com/company/bizpaye-crypto
Instagram: https://www.instagram.com/bizpayecrypto/
YouTube: https://www.youtube.com/channel/UCX9vw0kB0PCSwxv8yC4xamg
About Author:
Bitcointalk username: Abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d
Retail marketplace is getting more advanced with blockchain
Yes blockchain will transform every sphere
I know this company already
It is already well established company working in many countries so it may also be in your country
Looks very promising project
Good project
It is a real company
Yes it is