Old Meets New: $12 to $14 Billion Barter Industry Gets Introduced to Cryptocurrency
Richmond, BC / TheNewswire / August 17, 2018 - FTI Foodtech International Inc. (TSXV: FTI) ("FTI") is working with three barter exchanges, Trade Business Exchange (Canada) Inc., Barter Central Ontario and The Certificate Club (Nachem Inc.), as the initial group to establish a link between existing barter markets and a cryptocurrency called FLASH coin.
FLASH is positioned to revolutionize the barter industry by allowing for increased liquidity among the approximately 3,500 different barter exchanges. Currently, various exchanges operate in silos and have their own 'barter dollars'. The adoption of FLASH will allow for growth in trade, adoption and liquidity.
Initial tests have been successful and FTI now plans to work with these three exchanges to develop this system before expanding the program to include other barter exchanges, both within the Toronto area and in other locations.
The first barter exchange involving FLASH was recently completed where Chris Kitze, co-creator of FLASH, exchanged FLASH coins for Canadian maple syrup.
What is FLASH?
FLASH is a community supported blockchain project developed for all people that offers fast transactions with low fees. There are only 900M coins available, all of which were distributed at the beginning of the project. No ICO's, no developer funds and zero inflation; our goal is to create a safe, secure and resilient environment for our community to thrive. Website: https://flashcoin.io Contact: firstname.lastname@example.org