[ox-en] "Circular Multilateral Barter 1.0" Release Announcement
Evgeni Pandurski <[email protected]>
| Newsgroups | gmane.politics.oekonux.english |
|---|---|
| Message-ID | <[email protected]> |
=========================================================== "Circular Multilateral Barter 1.0" Release Announcement =========================================================== We are pleased to announce the first stable release of our free (as in freedom) software for peer-to-peer circular barter exchange. You can download the source code at: https://sourceforge.net/projects/cmb/ Here is the first website running our software: https://www.multiswap.net/about/ What is "Circular Multilateral Barter 1.0"? -------------------------------------------------- "Circular Multilateral Barter 1.0" (CMB) is a free server-side software that operates peer-to-peer networks for circular barter exchange. CMB tremendously advances the conventional barter by making it multilateral. It does so by engaging peers' trust to decouple the actual delivery of goods from the agreement to deliver the goods. Here are some of the advantages that CMB offers compared to traditional approaches: * Traditional approaches (fiat money, barter dollars, LETS points) unfortunately blend social trust into a fragile system of collectivized credit. CMB makes it possible for individuals to use their own judgement in choosing whom they are willing to trust. That is: you supply products to customers who trust you, and you receive products from partners whom you trust. * CMB does not suffer the double coincidence of wants problem. The trader you deliver goods to and the trader you obtain what you need from do not need to be the same person, so there is much more flexibility for arranging trades. * CMB allows virtual money to circulate at infinite velocity so that no real money is actually needed. That is: trading is not limited by the global scarcity of money or any other token or commodity. * CMB uses money solely as a standard of value for a short period of time (typically a day). Thus CMB is insusceptible to changes in the value of money. You can read CMB's high-level software design document here: https://sourceforge.net/projects/cmb/files/cmb-design/cmb-dd.pdf/download 25 November 2010, CMB's developers _________________________________ Web-Site: http://www.oekonux.org/ Organization: http://www.oekonux.de/projekt/ Contact: [email protected]