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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: commodities

Soybean Shipment to China the First Agricultural Commodity Blockchain Transaction

Category: Blockchain, Business, Finance, News

Soybean Shipment to China the First Agricultural Commodity Blockchain Transaction

A seemingly routine and insignificant soybean shipment from the USA to China has been made mildly famous as the first commodity deal facilitated by blockchain technology. Feted as “the first full agricultural commodity transaction using a blockchain platform” by the consortium of banks, brokers, and vendors involved, it affirms the original value of Bitcoin and cryptocurrency overall, before the market…

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Bext360 Unveils Blockchain Platform For The Coffee Supply Chain

Category: Blockchain, News, Tech

Bext360 Unveils Blockchain Platform For The Coffee Supply Chain

Colorado-based technology company Bext360 announced the creation of its first supply chain solution. The platform is called bextmachine and has been developed specifically for the global coffee supply chain. The announcement was made at the Massachusetts Institute of Technology (MIT) during a TechCrunch event focusing on robotics on July 17. The one-day event aimed to help innovators introduce their solutions…

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Blockchain Startup Everledger Partners with Singapore Diamond Exchange and Kynetix

Category: Blockchain, Business, News

Blockchain Startup Everledger Partners with Singapore Diamond Exchange and Kynetix

Everledger, the London-based startup that uses the blockchain to securely store data and provide provenance for high-value physical assets such as diamonds and artwork, has entered into a partnership with the Singapore Diamond Investment Exchange (SDiX) and physical commodity markets expert Kynetix. The Singapore Diamond Investment Exchange (SDiX) is the world’s first commodity exchange in physically settled diamonds. The exchange…

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Bext360 and Stellar Team Up to Pay Coffee Farmers Fairly using Blockchain Technology

Category: Blockchain, Finance, News, Tech

Bext360 and Stellar Team Up to Pay Coffee Farmers Fairly using Blockchain Technology

When people think of commodities, usually Coffee is not one of the first to come to mind. However, being the second most traded commodity following petroleum, over 125 million people rely on coffee beans as their primary source of income. Blockchain technology is offering these farmers a way to a fairer price for their goods and more efficient payments. With…

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