ADM, Bunge, Cargill and Louis Dreyfus partner to put grain trade on blockchain

USA – World’s largest agribusiness companies Archer Daniels Midland Company, Bunge Limited, Cargill Incorporated and Louis Dreyfus Company are looking for a platform to increase transparency and efficiency in global grain trading using blockchain technology. The companies referred to as the ABCDs of global grain trading, are investigating ways to standardize and digitize global agricultural shipping transactions for the benefit of the entire industry. The initiative by global agribusiness to include emerging digital technologies such as blockchain and artificial intelligence options aims to improve global agricultural commodity value chain through…

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