RE:RE:RE:RE:Fascinating document - LME 10% trading band NILSY developed a metals token platform for its products. I saw news today that SAN is doing something similar for agri-commodities in SA. Tokens can connect buyers with sellers without an intermediary. LME's days as a leaching 'market' middleman could soon be over.
>>>Agrotoken provides a platform catering for the trading of grains. The platform converts grains into digital assets. Holders of Agrotoken converted digital assets can store or exchange tokens for inputs, and services, among others. Electronically, holders can exchange Agrotokens for seeds, vehicles, machinery, fuel in addition to using them for collateralized loans.
https://finance.yahoo.com/news/santander-launches-commodity-token-collateralized-035146756.html