Blockchain-based agri-commodity trading to tap world’s largest wheat market

Blockchain will streamline trade from Europe’s grain belt. Following two years of pilot testing, a blockchain trade and financing platform for global agricultural trading has seen its commercial rollout from Swiss developer Cerealia SA. The launch follows extensive prelaunch trial implementation with firms from Algeria, Brazil, Dubai, Japan and Ukraine. In November 2018, Cointelegraph reported […]

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Commodity trading gets sweeter with blockchain-based sugar exchange

The UAE project will allow clients to trade tokenized sugar 24/7 without brokers, and fits into the Emirate Blockchain Strategy 2021’s goals The world’s largest sugar refinery, Al Khaleej Sugar, officially announced the application of blockchain technology in its recently launched sugar trading platform, Users of the UAE-based platform will trade the spot price of […]

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US: New bill would legally recognize digital signatures on a blockchain

Congressman and Blockchain Caucus Co-Chair David Schweikert has advanced a bill to make good on the crypto adage, “code is law.” Republican Congressman David Schweikert (R-AZ) has referred a new bill to the House Committee on Energy and Commerce that, if passed, would recognize digital signatures on the blockchain as enforceable by law. This is particularly important for […]

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Blockchain Innovations in the Energy Sector, Explained

The energy industry combines supply chains, financial markets and consumer services. Innovative blockchain solutions aim to improve it at each level. What’s next for blockchain in energy? Despite the potential challenges, it’s clear that there is significant potential for blockchain in the energy industry. Research by Global Market Insights predicts the blockchain energy segment to […]

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Blockchain Supply Chain Platform Gains Metals Giant Glencore as Member

Glencore is the latest subscriber to the Responsible Sourcing Blockchain Network, a supply chain solution for the metals industry and other commodities providers. British-Swiss commodity trading and mining company Glencore will use an IBM-developed blockchain solution to track cobalt.  In a press release issued on Dec. 12, Glencore confirmed it had joined the Responsible Sourcing […]

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Novogratz’ Crypto Bank Galaxy Digital Invests in Digital Asset Lender

Digital asset lender DrawBridge Lending announced that it received funding from cryptocurrency commercial bank Galaxy Digital. Digital asset lender DrawBridge Lending (DBL) announced that it received funding from cryptocurrency commercial bank Galaxy Digital. A fiat-crypto lending and investing service DrawBridge announced in a press release published on Aug. 8 that it received funding from Galaxy […]

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