Blackslate (BMG) has announced plans to setup and launch a business to business barter exchange. According to Executives at Blackslate they have had this under consideration for some time, but were looking for the right technology platform. The new business unit called The Blackslate Business Barter Exchange  – 3BX is a business to business member driven Virtual Barter exchange that is supported by a world-class trade exchange management system featuring 24 hour trading in an online Internet marketplace.

According to published sources, bartering is the trading of one product or service for another. Usually there is no exchange of cash. Barter may take place on an informal one-on-one basis between individuals and businesses, or it can take place on a third party basis through a barter exchange company. A barter exchange is any person or organization with members or clients that contract with each other (or with the barter exchange) to jointly trade or barter property or services. The term does not include arrangements that provide solely for the informal exchange of similar services on a noncommercial basis.

The Blackslate Business Barter Exchange – 3BX will be conducted entirely over the internet, a new medium for the barter exchange industry.  Pure Internet-based barter companies like the 3BX differ from traditional, organized trade exchanges in that they do not have a physical office.  3BX according to company executives will primarily be the organizer or the marketplace where members buy and sell products and services among themselves, in much same way that the Jamaica Stock Exchange facilities the trading of equities.

Company Executives further commented that it is part of their overall vision and goal to one day have Blackslate Media Group (BMG) listed as a public company on the Jamaica Junior Stock Exchange. As a public company Blackslate (BMG) would operate an investment vehicle Blackslate Holdings, using funds to invest in strategic companies and brands around the region including investing and taking an equity positions in start-ups.

The Blackslate Business Barter Exchange – 3BX will be the second such investment. The business unit is currently under development and is expected to be fully launched within the coming months. For further information please email blackslateholdings@gmail.com .

Blackslate Holdings is currently working with AMK Communications (also recently acquired by Blacklsate, www.amkcomm.wordpress.com) on another business startup called WALKBOUT (www.walkbout.com) – this is a consumer driven travel and vacation website that searches like Google but functions more like eHarmony and offers elements and features found on face book, twitter and YouTube. Its revenue model is advertising driven and the scale factor is very high.

see also: In Lean Times, Restaurants Barter for Trade Services

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