Blockchain technology utilizes in grain trading

blockchain technology for grain trading
Four largest companies partnered to utilize blockchain technology in grain trading

The Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., and Louis Dreyfus Co., closed a partnership to utilize the blockchain technology in grain trading. Furthermore, it aims to reduce the costs of trading and manual documentation.

Also, the integration of blockchain will allow efficient and low-cost shipping, storage, and customer experience.

Source: Ana Berman, Cointelegraph | Photo by JayDeep, Pixabay

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