LME WEEK 2018: Crypto Commodity Group launches blockchain technology for trade finance

Crypto Commodity Group (CCG) has developed blockchain-based asset tracking and transfer service technology which can be used by all participants in the trade finance business, the company told Fastmarkets MB.

CCG’s proprietary matching-engine technology allows the transfer of any blockchain token, representing any physical asset, throughout the supply chain from the producer to end consumer Matthew Forgham, former senior managing director at Macquarie Bank and now director of UK-based technology start-up CCG, said the technology has moved from a development phase to real engagement with clients. “Various discussions are taking place with producers, consumers, and logistics and...

Published

Andrea Hotter

October 08, 2018

09:50 GMT

London