Post
Topic
Board Tokens (Altcoins)
Re: [ANN]ChainTrade - First Blockchain-based platform to trade Food, Metals & Energy
by
ChainTrade
on 21/11/2017, 05:12:19 UTC
Is food and raw material trading always a good thing or does it also have downsides? I remember all the speculation about food at stock markets being a bad thing from time to time. For example when prices get shorted by investors and the prices therefore fall and then vast branches of agriculture suffered from that a lot. Does your project go into that direction?

Very good point. Our project precisely aims at bringing more transparency in the trade and at limiting financial speculation around food trading.

Ok I thought the exact opposite by providing crypto based anonymous possibility to speculate even more than before. So you goal is to bring more transparency to the market? Or is that just a side-goal?

That's not a side goal, it is indeed one of the main goals of the platform