Information Currency Applications for Business
Learning From Barter
How Information Functions as a Currency: Lessons in Barter
Lessons in manual barter illustrate how it will feel when physical assets and services transact after being synthetically represented with the new language using token technology on blockchains transacted through decentralized exchange mechanisms.
Information can operate as a currency in a simple, informal barter (trade) transaction between people, or directly by a corporation or government. Examples of manual barter are when a restaurant provides dinner to a customer who washes dishes, when a sign company trades a sign to a lighting showroom for new florescent lights for its manufacturing area, and when a British ...
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