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Friday, 14 May 2021

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CommChain

CommChain

CommChain is the Blockchain Platform for Bulk Commodity Logistics and Trade

CommChain offers customers a secure digital solution for the execution of logistics services and trade settlement. It enables a private permission-based distributed ledger platform that networks across all participants using advanced blockchain technology. Embedded processes and smart contracts facilitate the execution of data transfer in the logistics chain and ensures accurate and secure processing of trade settlements.

Eliminating the need for archaic paper-based documentation, CommChain’s blockchain-based solution offers a suite of features that are designed to reduce the inefficiencies and time delays in bulk commodity trading. The secure blockchain environment mitigates ownership risks and data manipulation and business can minimise the impacts of external disruption to commodity supply chains.

Commodity Tracking - CommChain has successfully developed a digital platform based on permission-based distributed ledger technology that securely links buyers, sellers, ship owners, port agents, laboratories and other participants along the supply chain to manage bulk commodity transactions in real time.

Trade Settlement - CommChain offers customers a secure digital solution for the execution of trade settlement. Buyers, Sellers and Shipowners can network directly to draft and finalise digitised Contracts of Carriage. Digitised commercial invoices are automatically calculated and delivered instantly to buyer’s internal systems supported by laboratory certificates.

CommChain offers:

For Sellers & Buyers - One platform for your transactions

For Trade Finance and Insurers - A single window to all your corporate clients

For Corporates - Digital oversight for your transactions

Contact us to find out more. https://commchain.com/

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