TRM, the abbreviation for TRUMER™, is the transaction unit used to record the value of goods and services traded on the TrumerX platform. The value of TRM1 is equivalent of the amount of xRM1, which is the unit of the local currency as per the value fixed by TrumerX.

TrumerX is the present and future barter system that uses TRM for trading of goods and services, without the use of cash. Barter has been a widely accepted business practice around the world for centuries. By combining the ancient practice of trading or exchanging goods and services with modern technology (ie: the Internet), TrumerX has become the easiest and smartest way of doing business.

Today, this time-honoured practice of barter is an extraordinary yet successful financial business tool.

According to an article in CFO magazine, the International Monetary Fund estimates that 8% of worldwide trade is conducted through non-cash transactions whereas the International Reciprocal Trade Associations has valued worldwide barter to be US$65 billion.

In fact, in the US alone, other researchers have estimated barter to be able to garner approximately US$16 billion a year. With the advent of Internet, barter system is expected to continuously expand.