Blockchain Crop-Trading Platform Starts for Broad Use
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Cerealia SA launched its blockchain-based physical agriculture trading platform for commercial use, allowing companies to trade wheat, sorghum and other commodities.
The launch followed a series of pilot transactions beginning in 2018. Firms from Japan, Dubai, Ukraine, Turkey, Algeria and Brazil participated in a pre-launch period before the platform was released Tuesday to the general trading community, according to a company statement. Transaction volumes range as large as 20,000 metric tons of grain.