Is blockchain the future of commodity trading?

Blockchain faces many other challenges to becoming a big part of commodity trading, including cost, privacy, liability, and achieving mass participation. It is also just one part of a new digital trading infrastructure, with artificial intelligence, machine learning, and robotic process automation all set to play a role.

Which blockchain-based platforms support crypto commodity trading?

Other blockchain-based platforms that support crypto commodity trading include Neo, Cardano, and Qtum . Most crypto commodities refer to tokens used to access online services.

What can blockchain do for your business?

Blythe Masters, CEO of Digital Asset, sees blockchain’s ability to offer a common record of transactions as enabling huge efficiency gains for trading in any asset class, whether that is a commodity derivative or an interest rate swap. Tackling trade fraud, particularly trade-based money laundering, is another activity blockchain can help with.

What are the basics of blockchain technology?

Step inside the basics of blockchain technology: how blocks contain data representing anything of value, how they’re chronologically connected in an immutable chain, and the differences between blockchain and cryptocurrencies such as Bitcoin.