For Sellers & Buyers
One platform for your transactions
For the first time, Sellers will have the option to offer complete transparency of cargo accumulation to Buyers. This extends from the mine’s washplant and train loading facility to the load port delivering an increase in ‘value’ of the transaction to the Buyer.
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For Trade Finance and Insurers
A single window to all your corporate clients
The reliable and immutable data on CommChain’s platform supports trade finance and insurance opportunities and limits exposure to unscrupulous activities, ownership risk, and data manipulation.
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Digital oversight for your transactions
The resources supply chain is undergoing rapid digital transformation. CommChain is the solution to the archaic and risky use of paper-based systems, enabling efficiency and cost-savings.Find out more
CommChain Proof of Concept Case Study
Current trade practices for bulk commodity trading are traditionally paper-based systems with numerous intermediaries. They are archaic, slow and prone to fraud and error.
In 2019, CommChain developed a distributed ledger platform using blockchain technology. It was successfully trialled through four separate coal shipments to Japan. The outcome was a proven blockchain-enabled, end-to-end digital platform for bulk commodity logistics and trade settlement.Read More