This video features BizXchange co-founders Bob Bagga, CEO, Chris Haddawy, COO and Raj Kapoor, CFO. They discuss the B2B barter industry as a whole and how the industry and BizX is working to provide structure to trade transactions around the world.

They discuss how being a member of a trade exchange allows companies to conduct trade transactions beyond the restrictions of direct trades. Members of a barter exchange can be a local restaurant or dry cleaner or a Fortune 500 company, who are looking for new and incremental sales and want to monetize excess capacity.

Bagga states that 33% of the world’s commerce is done with some type of barter. With so many companies already using barter as a form of payment, BizX hopes to create a global barter network that brings discipline and structure to barter transactions.