Tag Archives: commodity

[ad_2][ad_1] komgo, a new blockchain-based platform supported by some of the world's largest commodity trading banks, is now active. komgo is a platform that digitizes and optimizes trade and raw materials. Founded as a independent company in August 2018, its 15 shareholders include a mix of corporate and financial players: …

[ad_2][ad_1] The regulators have "Massively" cryptocurrencies misunderstood and urgently need to change course, said an expert in international banking law. Tokens should not be treated as money, nor Bitcoin (BTC) has futures contracts. Professor Emilios Avgouleas, who is freely affiliated with IOHK, the main developer of the Cardano project (ADA), …

[ad_2][ad_1] Energy-telecommunications conglomerate Reliance Industries Limited (RIL) has acquired a 5.56% shareholding in the British startup blockchain Vakt Holdings Ltd for $ 5 million (crore of Rs 35). In a stock exchange, the conglomerate headed by Mukesh Ambani said that the investment was aimed at accelerating its digital journey through …

[ad_2][ad_1] The first foray into digital ledger technology for the enterprise, known as Easy Trading Connect (ETC) and focused on raw materials, came in February 2017. "We made a pilot loan on the ETC platform with Mercury on energy, observing how we could execute a crude oil transaction on the …

[ad_2][ad_1] Implementing technology such as blockchain could prevent global civil unrest from being offset by volatile commodity prices, according to the business blockchain UWIN (Freeing Wealth in Nations) UWIN has stated that there is a growing threat of global civil unrest on volatile commodity prices. (Image source: DFID / Flickr) …

[ad_1] There are a lot of voices, rumors and different myths Bitcoin, so that his reputation is still uncertain. Most people consider this resource as a financial pyramid to justify that it is not physically proven. Let's face it in more detail. Content(please, click on the topic to scroll to …

[ad_2][ad_1] A federal judge ruled that the MBC is the ultimate cryptocurrency to be classified as a commodity. In a recent case against My Big Coin Pay Inc, the company that issued the currency, US District Judge Rya Zobel has decided that the criminal prosecution, the Commodity Futures Trading Commission …

[ad_2][ad_1] An American judge has decided that that crypto-tokens can be classified as commodities for the purpose of a criminal case. US District Judge Rya Zobel said on Wednesday that the Commodity Futures Trading Commission's case against My Big Coin Pay Inc, can go ahead. The latter's lawyers had argued …

[ad_1] 19 September 2018 11:58 PM Raw materials traders, including Shell and Mercuria, are working with a number of international banks to create a blockchain-based commercial finance platform that they hope will become the standard for the raw materials trade industry. Based in Geneva, komgo SA is a development of …

[ad_2][ad_1] A group of commodity traders and financial institutions presented a new blockchain venture. The banks involved in the new platform, dubbed Komgo SA, include ABN Amro, BNP Paribas, Citi, Crédit Agricole, MUFG Bank and Société Générale, among others. The project has attracted an impressive list of commercial companies, including …