BARTER SMARTPLACE - The Confidential Ecosystem of Barter Trading on Blockchain with Digital Legal Smart-Contract

The Financial Market

The financial market has experienced several ups and downs, ranging from stock market expansion to online industry metamorphosis, major economic meltdown and what-have-you not. In some years back, the world was shocked with the breakdown of the world’s economy. Enthusiasts were quick to blame the breakdown on major banking institutions while market participants were just left to face their fates and strive again. This first major breakdown of the world’s currency was attributed not to carelessness of the major banking institutions but on the failure of the system to embrace the digital age in keeping financial records and lack of transparency of record cataloguing.

The Blockchain

Blockchain technology with its transparency is the only way forward for fair and fair trade in the world of finance. Blockchain allows you to decentralize the exchange of digital data between participants using the following registration functions that record all transactions. The process is fully transparent throughout the transaction and is fully traceable, irreversible and unchanged. The network guarantees the authenticity and authenticity of each transaction, and fraudulent activity is quickly leveled.
The blockchain technology also revolutionized the entire financial and online market; giving a fair, automated and transparent financial experience without the hurdles of the hitherto centralized institutions. By the way, a blockchain can serve as "an open, distributed ledger that can record transactions between two parties resourcefully and in a verifiable and permanent way.
The crypto market is becoming large as new tokens are added to the market every day. In early 2018, the market pushed towards over 750 billion US dollars market capitalization.
Compared to the market growing, there is no significant improvement in the crypto wallet and exchange process.

The influx of people into the cryptocurrency market has made an astronomical rise in the adoption of blockchain technology. Numerous supporters, investors from different field of professions and businesses around the world have embraced new technological innovation which has helped reshape the world. Basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations One firm at the forefront of this innovation is BARTER SMARTPLACE

ABOUT BARTER SMARTPLACE

Barter Smartplace is a confidential digital asset exchange platform based on a legal smart contract. As the main element of the platform ecosystem, a service of tokenization of a real valuable asset is provided, which can then be placed on the smartplace. Digital assets lowered the barrier of trust, increase the privacy of the parties to the transaction and the speed of its execution. Legal smart contract with electronic signature allows achieving high reliability and convenience of the service.

Smart contracts in the financial sector have shown their advantage in comparison with traditional methods of value transfer, but so far have not been widely used in the legal industry.

Barter is looking ahead and expanding the use of smart contracts in the legal field, using digital assets as contract objects. By combining digital assets of different standards in one ecosystem, it is possible to exchange them with each other instantly and almost free of charge, having received this legal contract for the transaction with a record in the data register with a copy of the digital form of the contract.

Smartplace is a trading order platform in the Barter ecosystem. An order that includes one or more items of uniform quality, items, and sets is called a lot. The lot can also include heterogeneous assets, for example, it is possible to place a car and real estate in one lot. Each order and lot is assigned a sequence number (ID) and a price is set. The value of the lot displays the total value of the assets included in it.

PLASMA PROTOCOL

by Ethereum — foundation of Barter platform design. Provides lightning transaction speed.

0X EXTENSIONS

will provide support for a new type of trading — barter trades. Facilitates interaction between tokens standard ERC-721 and ERC-20.

ENIGMA PROTOCOL

ensures confidentiality of personal data of parties to transaction and other important computation.

Distribution of Investments

Attracted funding from stakeholders in the development of the Barter platform will be aimed at the development of the blockchain platform, smartplace applications and maintaining their performance. Startups in the crypto-currency industry face legal problems, so Barter has its own legal consultants to solve such issues and additionally seeks professional help from other international lawyers.

Today, any project and product at the first stage of launch needs a strong marketing strategy to become recognizable in the market and attract potential users. Barter:

smartplace is positioned as an international project. It is planned that the marketing and promotion of the product will initially be aimed at expanding the community and increasing the potential user base of the application.

TOKENOMICS

All participants of primary financing before IEO will be included in white list of participation at IEO, it guarantees 100% place in market with high demand.

Participants pre-sale have right to sell tokens on IEO immediately in fact listing. Participants ICO have right to sell 50% tokens on IEO immediately in fact listing.

Token Details

Token type: ERC-20
Tiker: BRTR
Blockchain consensus: D-PoS

Token price
Pre-sale: $0,01
ICO: $0,06
IEO: $0,3

Token Distribution

Team: 10%
IEO: 10%
Reserve: 35%
Staking: 32,5%
Pre-sale: 2%
Partnership: 5%
ICO: 5%
Bounty: 0,5%

STRATEGY

Q4/2018

Project idea, market Analytics, conception descriptiont of the OTC-platform and product interface.

Q1/2019

A minimum team has been formed to prepare for the seed stage of investment, presentation, writing primary documentation about the product, development of marketing strategy.

Q2/2019

Attracting investments, expanding team, developing a minimum viable product (MVP), updating and supplementing product documentation in several languages (White Paper, Token Economy, One Page, Presentation), minimal marketing on target sites.

Q3/2019

Launch of MVP, marketing, receiving feedback from potential users on the product, launch of crowdsale smart-contract, code audit, investor’s account on the project website, preparation for the initial exchange offer (IEO).

Q4/2019

Develop a core product, increased marketing, Initial Exchange Offering of token Barter platform at top-cryptocurrency exchanges to attract additional investments ($3 million).

Q1/2020

Launch of the beta version of Barter: Smartplace and blockchain test-net token platform (payment system), new partners to expand the ecosystem, integration with banking institutions (API) and registers of owners of real and movable assets.

Q2/2020

over-the-counter and barter transactions on Barter: Smartplace by strategic partners and banks, launch of the interbank Lightning payment system (beta), preparation for the launch of main-net platform, expansion of product line, integration of the platform into interbank operations at international level.

FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW

Website: http://barter.company/

Whitepaper: http://barter.company/pdf/BARTER_WP1.pdf

Telegram: https://t.me/barterteam

Medium: https://medium.com/bartersmartplace

Twitter: https://twitter.com/barterteam

Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409