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BATA | Barter Blockchain

BATA is a Cryptocurrency developed to be the predecessor of trade tokens.

Our vision for Barter and disrupting EBay, Craigslist, Amazon and ecommerce entirely.
*When an item is purchased, user records it, eventually with 3D scanning via phone / Kinect / etc.
*Item is recorded on the Blockchain, for obvious reasons now, like insurance etc. but we could also set a price at which item.
*Items therefore, if you think about it, can sell themselves.
*DAOs can see items desired, build them (3D printing etc) and market them, all without exposing any personal details.
*Other users can see what is desired, and of course, use that to create products and services, and/or generate DAOs.
There is more…
*Auto sell – Uber Etc…, for auto deliveries. Then drones.
*Putting many pieces together to redefine commerce. DAOs will perform crowdfunding and crowdsourcing.

Bata (BTA) is a peer-to-peer currency that enables instant, near-zero cost payments to anyone in the world. BTA is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. BTA features faster transaction confirmation times and improved storage efficiency than the leading math-based currencies. BTA has substantial industry support and is a proven medium of commerce complementary to Bitcoin (BTC). BTA’s growth has been organic, much like Bitcoin, with no funding or premine.

BTA is now in the process of seeking Crowdfunding for the implementation of a Decentralised Peer to Peer Barter Platform. BTA will be the trade dollar in the system. Contact us if you wish to be notified closer to Crowdsale date.

Barter Platform Crowdsale Enquiries

BASE CURRENCIES
BTA MINING POOLS
BTA Exchanges

Features

Bata is not like any other cryptocurrency, its features are what makes it stand out from the rest.

BLOCKCHAIN SECURED

Bata transactions are secured by cryptography. Nobody can charge you money or make a payment on your behalf.

GLOBAL

Send transactions worldwide. Bata’s network spans across the globe and is growing daily.

PRIVACY GATEWAYS

Keep your payments private so you can’t be tracked – your transactions & balances are only your business.

INSTANT

Payments are received instantly with mobile wallets. Desktop wallets are almost instant.

PEER TO PEER

Bata operates with no central authority or banks; managing transactions and the issuing of Bata is carried out collectively.

LOW FEES

Much lower than banks , credit cards and other payment methods. Transactions are often even free.

Bata’s name comes from the word Barter. Barter was the first form of trade.

The barter system is an old method of exchange which has been used for centuries and long before money was invented. People exchanged services and goods for other services and goods in return.
Today, bartering has made a comeback using techniques that are more sophisticated to aid in trading online. Barter has grown into a $20 billion-a-year industry. Currently, 60 percent of Fortune 500 companies and hundreds of thousands of other businesses around the world barter.

Barter may also occur in commercial economies, usually during periods of monetary crisis. During such a crisis, currency may be in short supply, or highly devalued through hyperinflation. In such cases, money ceases to be the universal medium of exchange or standard of value. Money may be in such short supply that it becomes an item of barter itself rather than the means of exchange. Barter may also occur when people cannot afford to keep money (as when hyperinflation quickly devalues it).

Barter has been re-invented, decentralized, secure and widely available in the form of Bata (BTA).

BTA will enable you to barter / trade conveniently across multiple platforms right across the globe – buying, selling, swapping and earning.

BTA converts slow moving stock, downtime, spare capacity or vacant seats into extra sales.

Gain new customers, who generate increased sales income
Move excess stock or utilise downtime
Free up cash to pay existing expenses
Increase profits from introduction of new business

You don’t have to purchase from the same business that purchases from you
You can spend with anyone locally, nationally and internationally
You can sell now and buy later, or buy now and sell later
You can use Bata as capital to trade, even before making a sale

Promote your company to thousands of local, national and international businesses who are all potential customers. Every new customer brought to you by the Bata community brings new income on top of what you’re already receiving, which will help to increase your profit margins.

The great thing about this Barter service vs current systems that rely on a line of credit and debt system is that your BTA can go up in value, so instead of being in debt your are potentially going to make money by holding BTA, or cash out, in 30+ currencies.

We are taking Barter to the next level, your community input is greatly valued and can shape the future of commerce.

Join the discussion here.

Bata Trading Pairs 90%
90% Bata Trading Pairs
Bata Exchanges 90%
90% Bata Exchanges
Bata Network Growth 70%
70% Bata Network Growth

Here is an example on how BTA works – provided by BTA / BCT community member: thoth-Atlantian

It’s all about idle stock & capacity!

I will use a restaurant as my example.

John owns a restaurant that 5 nights a week is only 65% full,
He has all his normal staff on, the lights and gas equipment is on but he could still seat another 45 people.
That is idle capacity.
So he has the latest BATA app and sets it to open for BATA!

Susan the head of Advertising at some local radio station who is taking out some clients to impress them see’s this and goes to Johns restaurant using BATA as her means of payment.

Now this works well for John as he wouldn’t normally have had anyone to fill that table on that night and instead of it going to waste he sold $300 worth of food. Because his food costs are only 25% and everything else was being paid for anyway
Whatever he buys now with his BATA will be at a 75% discount!!!

What about Susan you ask? well radio has plenty of idle time to sell with low overheads, she was straight onto the new BATA app when she saw it was available, As she has high customer relations costs.

Also she had her bathroom remodelled by Bob the builder whose booked job was rained out for the week and had to line up some inside work to help pay the guys somehow. She was happy to supply the goods and pay for the labour.
Of course after download fee BATA would expect 2.5% fees each way on all transactions and a renewal of subscription annually.

BTA Price Index

NEWS

Our Latest News

Bata Staking & Rewards Worksheet

We are sharing a worksheet regarding calculations for PoW / PoS Hybrid staking for public & community view: https://docs.google.com/spreadsheets/d/1AbIs8NQrgHyhYMFcNR0h7IhbEze0xuoM_WplpDYaNyk/editRead more

Bata Slack Team

We have created a Slack team for discussion regarding development of Bata and a Barter Platform. Join us https://bata-blockchain.signup.team/Read more
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