Man has evolved as a trader of goods and services. Circa 150,000 years ago, trade originated with human communication in prehistoric times. Trading was the main facility of prehistoric people, who bartered goods and services from each other before the innovation of modern-day currency. We’ve seen hundreds of systems of payment since then, including cattle, chickens, spice, silk, bread, coffee beans, gold, obsidian and bitcoin. Today’s favourite payment systems include tap and go, and phone pay, utilising NFC- near field communications.
Pretty soon all financial transactions will be conducted through the transfer of digital information (usually an electronic representation of money) between the transacting parties.
So given that cash will disappear within a few years, the whole idea of money and revenue will be changing as well.
Nine reasons to Join B2B Barter Now: