Start Ups Presentations: The changes over the commodity trade with new technology and consequences
Over the past 30 years, the commodity trade industry went through some fundamental changes in the way its business is operated. The possibilities offered by new technologies allow to transform the industry even further, eliminating costly inefficiencies and opening new opportunities to the market players.
Speakers: Thierry Beaupied, Head of trading, Trans-oil International SA, Lausanne, Switzerland, Robert Zaremba, CTO, CEREALIA, Lausanne, Switzerland
Today a Lausanne-based blockchain powered agri-trading platform Cerealia presents their solutions targeting problems faced by soft commodity traders in the areas of trade execution and trade finance. To provide a real-world use case, they share their recent experience of successful implementation of blockchain technology by a vegetable oil trader Trans-oil International SA.