   Bartering is a system of exchange of some
    goods with other goods, where no money is
    involved.
   In order to barter successfully, we
    have to assign value to our goods.
    Value is what we think something is
    worth.
 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.
   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.
   Privacy and Security
    issues will also be
    taken into account.
The barter system

The barter system

  • 2.
    Bartering is a system of exchange of some goods with other goods, where no money is involved.
  • 3.
    In order to barter successfully, we have to assign value to our goods. Value is what we think something is worth.
  • 4.
     We wantto 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.
  • 5.
    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.
  • 8.
    Privacy and Security issues will also be taken into account.