Dan Schwartz BIZpaye Thailand
BIZpayeCryptoToken
Published in
1 min readJul 10, 2019

--

Interesting and Revealing Market Overview

In a recent market release, the World Bank estimated that the annual global market value of non-fiat transactions is worth almost $23 Billion dollars per year and growing giving evidence that the Barter Industry continues to grow in volume where other more traditional fiat-based sectors continue to shrink. This is the BIZpaye marketplace.

It is widely believed that these figures only scratch the surface when it comes to non-fiat transactions, as it only considers commercially or politically recorded transactions, and bypasses the more defined range of transactions that take place within the general community.

Additionally, the current non-fiat barter industry is non-centralized individual recording system, meaning that it relies on many forms of recordings, relationships and trusts in order to transact. In essence, The launch of the BIZpaye “CRYPTO” Token will offer a Peer-to-Peer network for everyone around the world to interact buy and sell goods and services, while utilizing the power of 1st and 2nd generation Blockchain. This means that with the usage of smart contracts and a platform backed and supported by the existing BIZpaye community, trading and doing business across the world has never been cheaper and easier.

With the entire barter trading market valued at $23 Billion per year but scattered and not unified all over the world and with no global community, currency or transparency, imagine the global growth and expansion possibilities that the power of the Blockchain and more importantly, BIZpaye “CRYPTO” Token will bring to the world?

--

--