Physical Commodities trading is smeared with challenges from opacity in reporting, interference by intermediaries, fraud, human error creating massive inefficiencies in the supply chain.
Enter NewzoneEX for a robust and easy solution to mitigate these problems.
NewzoneEX’s Vision
NewzoneEX’s founding team aspire to correct the present modalities of trading commodities. The organisation plans to do this by adopting Blockchain technology to eradicate the inefficiencies that quite often create delays in the supply chain. From time delays that cripple many traders to the other risks assumed by the traders, NewzoneEx’s platform seeks to eliminate these efficiencies.
Blockchain provides the ability to catalogue all transactions and it’s documentation. The immutability of these records offers transparency and integrity mechanism while complying to a set of rules that institute discipline while purging out perfidious acts that are presently pervasive in trading commodities.
Where billions of dollars exchange daily, NewzoneEX provides a rectitude that is imperative as global trade proliferates.
NewzoneEX ‘s Blockchain platform provides the security from hackers while ensuring that data is recorded in a systematic manner that can be audited with ample ease.
The platform will include a multitude of features;
- The platform is highly secured
- Complete Transparency
- Eradication of Intermediaries
- Clarity on Quality Checks
- Advanced Tracking of Shipments at Every Stage
Our motivation comes from the fact that we can simplify a highly complex and time-consuming problem. Hitherto, in spite of such great technological advances, it was challenging to provide the efficiency, transparency and security essential in commodity trading but Blockchain has allowed NewzoneEX to take on these challenges.
We are therefore exhilarated to be the world’s first commodity trading platform to use blockchain. Join in our vision and our efforts for crowdsourcing to take on these efficiencies as the ultimate benefit is to the ultimate consumers of these commodities.
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