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Bata Profit Shares v1.0

Profit Shares Platform is a closed-source conceptual network used to self-regulate “cryptomarkets”,

They can be considered a “controlled” alternative to exchange tokens. These will never become volatile digital assets and remain secured using cryptography. They remain 100% backed at all times by a secondary blockchain asset such as BTC, BTA, ETH and STRAT. Crowdfunding BATA projects using non-expiring, liquid capital profit shares.

Profit Shares can offer liquid, stable and consistent returns for investors. In the next few months will be inviting the public to try our beta platform and contribute to the growth of BATA. Feel free post any questions, comments or feedback here and take a look at a limited Graphical User interface preview located at https://shares.bata.io/admin/

PRESS RELEASE

APRIL 4th  2017

 

Our vision is to create a new system of commerce that will create new jobs for an information based economy, and to help break away from the current system of debt based money.

 

BBP | Bata Barter Platform. We are changing commerce for the better.

 

BBP| Bata Barter Platform, Exchange, and Marketplace represent a transformative vision of the future of commerce, with the goal of removing the greatest pain points in the lives of sellers and buyers of goods and services.  Providing unique interfaces, tools and automation features for traders of goods and services, commerce will be redefined by Bata.  Users will more easily participate in barter as means of trade, while also allowing traditional buying and selling, and adding a system of incentives and leverage to traders and users in unique ways.  It will build up a new form of trading community around the Exchange and Marketplace, and bring value to the entire cryptocurrency ecosystem.

 

Traditional Barter Platform vs. BBP

 

Bartering helps you exchange goods or services at once, without money. It has no limits and can be done both on a very small-scale and on an exceedingly larger-scale. The arrangements are under the control of member-only associations, with credit units the channel of exchange, (other terms like trade exchange, barter exchange and countertrade exchange). To explain the channel of exchange, different terms like credits, units, barter dollars or trade dollars are being used. As the medium of exchange, the term which is mostly used is trade dollar.

 

Looking deeper into barter deals there is huge difference between direct barter and exchange barter. In return barter, you may use your capacity, inventory or excess time to trade for goods and services you need. For such deals, you don’t need money as long as you are part of a barter group with other businesses. Each business earns trade dollars which can be employed for the exchange of the things you want. Direct barter means to swap the service or product for the service of your seller.

 

The scale of the projects required three white papers outlining the implementation.

 

White Paper One – BBP | Bata Barter Platform

 

White Paper TwoPoW / PoS Hybrid

 

BTA’s transformation from a Proof of Work Scrypt based cryptocurrency to a POW / POS Hybrid and the introduction of Uber-Nodes, our version of a “Masternode”.

 

BTA’s growth has been organic, much like Bitcoin, with no funding or premine and established late April of 2015.

 

White Paper Three – Profit Shares /  Internal Exchange

 

BBP will offer Profit shares and run an internal exchange which will also have numerous functions including exchanging BTA for TRADE, Profit Shares and help generate funds.

 

It’s still early and we want to get feedback from the community, early and often.

We are getting the vision, whitepapers and roadmap out to the world now, because we need the best developers in the world to come help build the best commerce system in the world, built on blockchain technology with Bitcoin at the base of it all.

 

For more information or updates join the BTA Slack

 

BTA & Bata Barter Platform Team

 

PETER CARUANA – BTA Founder

RICHARD HEIN – Lead Developer

JASON DAVID – Developer

JUSTIN PERCY – Developer

 

https://medium.com/@bata.io/bbp-bata-barter-platform-6bbdd6b4b607

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/

BTA Listed on SouthXchange & alcurEX

BTA’s 7th and 8th Exchange have been added to the website. Please remember to support all our exchanges to ensure our community grows.

SouthXchange


SouthXchange is a currency management platform built and operated by PRO-Systems. It is designed with security, simplicity and usability in mind. We believe cryptocurrencies have the potential to change the world, and our mission is to provide the required tools to make it happen. The first tool implemented in SouthXchange is a modern exchange platform that allows users to trade currencies. Current market needs are being identified and additional tools will be built as required.
About PRO-Systems


PRO-Systems is an Argentina-based company composed of highly trained software engineers. It has over 10 years of experience working on complex and high profile enterprise applications. Since 2012 it has been actively involved in cryptocurrency related projects.

SouthXchange - BTA

alcurEX

ALCUREX makes secure, fast and convenient trading possible for new cryptocurrencies. ALCUREX offers an expanding variety of promising alternative cryptocurrencies on different Markets for trading. Promising new cryptocurrencies will be added as often as possible.

Company

ALCUREX OY is an online cryptocurrency exchange based in Finland.

Note: Company fiat business is temporary disabled 2015-12 because low USD EUR activity.
Any way alcurEX is still registered company and after we have taxable business again, the company business status will be activate again.

Security

Security of the funds deposited within is more important than anything to an exchange. This is why we have made the following security measures:

  • Coldwallets and Hotwallets. The exchange’s cryptocurrency funds are divided into two portions. The estimated daily volume is stored in a hotwallet that can be used for automatic deposits and withdraws. Most of the deposited funds are transferred to a coldwallet that is an offline physical wallet only we have access to. Coldwallet password is secure stored only on paper and can’t find with digital form in any server.
  • Hotwallet server security measures. The hotwallets used for automatic deposits and withdraws are stored in a server that any website server can’t access. Access from any outside source is blocked. Even our own site servers have no access to wallets. Further more, the hotwallets are crypted and the keys are not stored on the outside servers.
  • Two-Factor Authentication (2FA). All users have 2FA on by default and it can not disable. This means you have to enter a randomly generated PIN-code that is sent to your e-mail every time you login. This way even if someone were to steal your password or gain access to our database he still couldn’t login to your account without access to your e-mail.

Future Development

A localbitcoins-style service that functions on the same page and has the same cryptocurrency balances as the exchange.
Loaning service that allows people to lend tradeable, but non-withdrawable funds to each other at their own fees and terms.
Pre-paid credit cards.
Payment gateway for merchants.
Banking and financing services with cryptos.

Alcurex