Circular Multilateral Barter 1.16.5
Free Version
Publisher Description
"Circular Multilateral Barter" (CMB) is aimed at supplying entrepreneurs with a way to exchange goods and services within a p2p-network, without using money, overcoming the "double coincidence of wants" problem, inherent to traditional barter.
Most importantly, CMB allows traders to issue their own currencies (called "products"), which others can redeem, trade, or make payments with.
One thing that distinguishes CMB from other "credit commons" is that all debts in CMB are user-to-user debts. There is no central administrative authority to decide who deserves to be trusted and who does not. Because of this, CMB can scale-up very well, so that local communities can be seamlessly aggregated into larger ones.
Another way of seeing CMB is as a partnership of independent Local Exchange Trading Systems, having a common marketplace for exchanging one LETS-currency for another (via circular trade).
Features
- 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. That is: you supply products to customers who trust you, and you receive products from partners whom you trust.
- Invulnerable to sudden changes in the value of money. CMB uses money solely as a standard of value for a short period of time (typically a day).
- Allows users to issue their own currencies (called "products"). Therefore, trading is not limited by the global scarcity of money or any other commodity.
- Users can make direct payments to each other.
- Convenient to use on smartphones.
- Works even on very old phones (WAP 2.0).
- Can be installed from docker images ()
- You can see CMB working at
About Circular Multilateral Barter
Circular Multilateral Barter is a free software published in the Accounting & Finance list of programs, part of Business.
This Accounting & Finance program is available in English. It was last updated on 19 April, 2024. Circular Multilateral Barter is compatible with the following operating systems: Linux, Mac, Windows.
The company that develops Circular Multilateral Barter is epandurski. The latest version released by its developer is 1.16.5. This version was rated by 2 users of our site and has an average rating of 4.5.
The download we have available for Circular Multilateral Barter has a file size of 2.04 MB. Just click the green Download button above to start the downloading process. The program is listed on our website since 2018-07-12 and was downloaded 64 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded software with your antivirus. Your antivirus may detect the Circular Multilateral Barter as malware if the download link is broken.
How to install Circular Multilateral Barter on your Windows device:
- Click on the Download button on our website. This will start the download from the website of the developer.
- Once the Circular Multilateral Barter is downloaded click on it to start the setup process (assuming you are on a desktop computer).
- When the installation is finished you should be able to see and run the program.
