Be the first to like this
Today, technology provides a mechanism to purchase goods and services from anywhere in the world and the variety of individual currencies and complexities of exchange rates is a potential barrier to trade. Perhaps an answer for the future of trade is the acceptance of points or e-tokens as an exchangeable mechanism linked to a commodity that has a universal value. Since the ability to communicate electronically via speech, text, data and video is becoming a universal essential, the linking of points to electronic communication offers a route to points/e-tokens becoming a standard.
If this develops as it potentially could, it would allow bartering between individuals and supplier/customers based on valuing goods and services in points which then be used to conduct other transactions. Gamification of e-commerce relationships would then become big business !!