Global Smart Commodity Group shares 5 predictions on the Future of Smart Contracts
CHICAGO, July 6, 2022 /PRNewswire/ -- The blockchain revolution is transforming commodities trading and redefining market transparency and transactions at a global scale with the help of smart contracts.
This transformation impacts industry trust and transparency, opportunities for underserved markets, and will be the gold standard for commodities platforms. Commodities trading platform Global Smart Commodity Group (GSCG) captures these trends in its latest report "Commodity Wisdom: How Smart Contracts Are Changing Supply Chain Management." It explains that the major industry issue for commodity trading is that it's extremely fragmented and under a lot of pressure to modernize rapidly.
"Markets are very dynamic, the more information the world learns about up and coming commodities, where they come from, and how they're grown is the exact information which allows people to choose products efficiently...
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