The barter system

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Online Barter System Website

Online Barter System Website

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  • 1.  Bartering is a system of exchange of some goods with other goods, where no money is involved.
  • 2.  In order to barter successfully, we have to assign value to our goods. Value is what we think something is worth.
  • 3.  We want to provide things which would have been equal in value if the mode of exchange had been by barter, are worth equal sums of money. The introduction of money is a mere addition of one more commodity, of which the value is regulated by the same laws as that of all other commodities. By providing for this: Lots of money would be saved all around the world. Lots of materials would be saved. People who cant afford to buy new commodities will be benefited.
  • 4.  The idea is to launch an online barter portal which will provide a platform for all the people across the globe to come and exchange the products.
  • 5.  Privacy and Security issues will also be taken into account.