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Re: network barter transactions?

From: Joseph Potvin <jpotvin@opman.ca>
Date: Thu, 17 Jul 2014 09:49:46 -0400
Message-ID: <CAKcXiSqNSq_GXnv8XX=b2oS_qJj2cZUxL=tEEJvisGfiW2LR=g@mail.gmail.com>
To: Michael Williams <michael.williams35@gmail.com>
Cc: Web Payments CG <public-webpayments@w3.org>
Michael, In the archives of the CG there's discussion of barter. Also...
---------- Forwarded message ----------
From: Martin Hepp <martin.hepp@ebusiness-unibw.org>
Date: Tue, Dec 31, 2013 at 1:08 PM
Subject: Re: [goodrelations] GoodRelations and Web Payments (aka. Payswarm)
To: Web Payments <public-webpayments@w3.org>, goodrelations@ebusiness-unibw.org
Hi all:
Quick answer: The textual definitions in GoodRelations will soon be
polished to reflect the fact that the compensation for a certain offer
can include non-monetary assets (e.g. barter trade). Also note that
gr:ProductOrService is not disjoint from any other class in
GoodRelations, so it is perfectly okay to e.g. offer a gr:Location for
sale etc.
Martin

On Thu, Jul 17, 2014 at 7:16 AM, Michael Williams
<michael.williams35@gmail.com> wrote:
> 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



-- 
Joseph Potvin
Operations Manager | Gestionnaire des opérations
The Opman Company | La compagnie Opman
jpotvin@opman.ca
Mobile: 819-593-5983
Received on Thursday, 17 July 2014 13:50:38 UTC

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