Presently, Commodities are divided into three categories:
Commodity trading faces a lot of impediments, such as:
- Time Delay in Trading
- Non-transparency in accounts
- Unspecified Tracking
- Document Verification while importing/exporting
And more..
What else do you think is the problems/challenges faced by commodity trading today?
I think we should take this to NewzoneEX as they are planning to shift from metal commodity trade to creating a blockchain based commodity trading platform.
I think there can be a change if something great is developed. Like AI and something in IoT..