Comdex Description
Comdex, a blockchain-based trade platform, is designed to guarantee trust, speed and scalability in trade transactions and settlements. Comdex ties banking structures with advanced technology to revolutionize the $17 trillion commodity trading market. Comdex offers a platform that connects trade financiers, trade settlement and trade workflows management. Comdex is currently in the pilot phase, with trades valued at millions of dollars being processed. Comdex's blockchain uses Persistence, a blockchain toolkit that is suitable for institutional finance. It has the features of immutability and provenance as well as cross-chain communication. The Trade room module: This module allows you to maintain an auditable log of all trade activity. You can negotiate terms, sign contracts and execute trades all from one interface with full transparency and security. The blockchain stores a log of all trade documents and events within a trade area.