Barters concept of digital asset exchange based on legal smart contractHello. 👋🏻 In this post, we will introduce you to the concept of digital asset exchange based on legal smart contracts in Barter.
📌 The law on the regulation of relations arising from the issue, accounting, and circulation of digital financial assets and the circulation of digital currency in Russia was signed only recently, on July 31, 2020. According to the law, transactions with digital financial assets must be concluded through asset exchange operators.
📌 The Barter project started as an idea in mid-2018. Those. The Barter concept was created several years before the adoption of the law on the regulation of relations in the purchase, sale, and exchange of digital assets. We were ahead of our time by creating an innovative product and an incredibly popular product!
📌 According to the norms of the law, digital financial assets can be issued by any legal entity and individual entrepreneur, and everyone can acquire it. Barter is looking into the future by using digital assets as contract objects, thereby expanding the use of smart contracts in the legal field.
💡 Barter has connected digital assets of different standards in one ecosystem, opening up the ability to exchange them among themselves instantly and practically free of charge, having received a real legal contract for a completed transaction with an entry in the data registry with a copy of the digital form of the contract.
🔹 Barter is creating a blockchain barter platform that will enable its members to exchange any tokenized assets and liquid currencies.
🔹 Acting as a legal trustee, Barter allows the exchange of real assets such as real estate, transport, art, business, investments, services, and more; and digital: applications, cryptocurrencies, art, steaks, investments, services, etc.
🔹 Barter is designed so that high volume transactions are fast, low transaction costs, and legally binding a signed contract. A smart contract is a guarantor
execution of the contract subject to all the previously established conditions.
Find out more:
http://barter.company/Join the community: t.me/barterteam
Telegram wallet: t.me/barterwalletbot