[p2p-research] "Circular Multilateral Barter 1.0" Release Announcement
Michel Bauwens
michelsub2004 at gmail.com
Fri Nov 26 06:56:41 CET 2010
thanks evgeni,
also announced via ning,
Michel
On Thu, Nov 25, 2010 at 9:23 PM, Evgeni Pandurski <epandurski at gmail.com>wrote:
> ===========================================================
> "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
>
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