- From: Michael Williams <michael.williams35@gmail.com>
- Date: Thu, 17 Jul 2014 04:16:31 -0700
- To: public-webpayments@w3.org
- Message-ID: <CA+VkC+11TRckkKVPq_cR39do8QqHxjHAG1FBtKq2PnGi+JiQgA@mail.gmail.com>
hi all, :) after reading the Interest Group charter ( http://lists.w3.org/Archives/Public/public-webpayments/2014Jul/0034.html), i realized in the (hopefully non-exhaustive) list of "possible legal payments methods", there is no mention of barter, namely exchanging assets directly for assets instead of currencies (or points, etc). in the relevants docs: the Web Commerce spec ( https://web-payments.org/specs/source/web-commerce/), Web Commerce vocabulary (https://web-payments.org/specs/source/vocabs/commerce.html), and the general Web Payments use cases ( https://web-payments.org/specs/source/use-cases/), there is no mention of barter transactions, instead the only mentioned way of paying for an asset is through a currency. i'm wondering if it is within scope of Web Payments to support barter transactions. in particular, i'm thinking about network barter transactions like http://edgeryders.eu/makerfox, where a single transaction may involve any number of participants each with any number of offers or wants, all denominated in assets. it's currently possible to model each individual offer and want, but what about modeling the transaction? the only solution i can imagine currently is that a new currency type is generated for every network transaction, and one unit of this currency is transferred in every sub-transaction, such that the sum of the currency for each participan cancels out. however, is there even support for such a multi-party transaction, basically can a single transaction contain many sub-transactions? cheers, Michael
Received on Thursday, 17 July 2014 13:46:06 UTC