There are various types of commodities that are traded on a daily basis and they range from raw commodities like coffee, corn or precious metals like gold and silver to utilities like electricity or natural gas to currencies of various nations and even to bandwidth available to conduct online operations. Along with the variety of commodities that are traded, there are those traders who are simply trying to keep prices for certain commodities stable known as hedgers and those who are the bettors – those who are speculating on what the commodity price will be in order to make a profit.
Along with the world’s major stock exchanges where commodities trading happens daily nearly all day long, Satoshi Systems has created an insulated platform for trade financing that simplifies and makes transparent all parts of trade transactions using a blockchain programming. This system allows those who are wanting to get trade financing for their commodities to enter their information into the system and then get competitive bids from banks and financial commodity lenders who will lend money to the trader against the eventual resale, which hopefully happens at a profit.
This system puts a bit more power in the hands of the trader for making decisions based on best offers and can also help them track their shipments, inventory, and can even make suggestions about obtaining the best bids and prices for their commodity trade goods. Eventually, the trader can even find a buyer through the same system, and will also hopefully make a profit in this transaction.
Since all the transactions made in Satoshi Systems are transparent and all participants can see what is happening, the amount of verification on the transactions using blockchain keep everyone honest and allow for the best outcomes for all participants. It is the best of the commodity trade finance platforms available – completely secure and analytical tools available and able to keep track of all parts of a trade transaction from beginning to end. The commodity secure trade platforms from Satoshi Systems offer security, privacy and ease of use for all participants anywhere in the transaction chain.