Commodities play an important role in our lives. We might not always be aware of their existence but if they didn’t exist, our way of life would not be the same. From sustenance to industrial raw materials, commodities are omnipresent. Therefore, the commodity trading market, believe it or not, influences the entire world.
Let’s take gold for instance. The rise or fall in the price of gold would have an impact on the jewelry industry, electronics sector, dentistry, medicine, and even the aerospace industry! The precious yellow metal is used for more than just the creation of gold coins and necklaces. This proves the undeniable value of commodities.
Where does NewzoneEX come in?
Commodity trading involves investing in commodities such as gold, oil, agricultural produce, etc., and trading them to earn profits. While it may sound simple, the process comprises of infinite procedures, regulations, and threats! NewzoneEX is a platform that will help connect commodity traders for the same purpose of carrying out trade. But what will differentiate us from the other exchanges that prevail in the market?
The most important distinguishing factor is that Blockchain technology constitutes the basis of the NewzoneEX trading platform. By achieving the great feat of becoming the first Commodity Trading Platform in the world powered by Distributed Ledger Technology (DLT), we are going to seriously outperform any existing exchange! A majority of us are aware of Blockchain technology after Bitcoins came into the picture. But what can it do for us in commodity trading?
As we mentioned earlier, the commodity market is chaotic, to say the least. Chaos requires order. In our world, order and organization can come in the form of blockchain technology. It is a network that records and automates complex transactions. Apart from this crucial factor, the security that blockchain provides is impenetrable, thereby addressing the issues of safety, cyber threats, and fraud.
In summary, NewzoneEX is an all-encompassing solution to the commodity trading market. We are launching an ICO to raise funds for our project. Be a part of this revolutionary movement towards a more secure, efficient, and rewarding future!
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