🏗At Comdex, we are on a mission to revolutionize how the world interacts with #commodity commerce.
🔧Our commitment to modernizing this industry is steadfast; we believe that the future belongs to those who work smarter (not harder).
🚢Blockchain doesn't only have the potential to transform the way it conducts commodity trading; it can also improve the way those commodities are transported.
⛓While the supply chain has enabled globalization, its weaknesses have been brought to the forefront.
📦Due to antiquated technology and physically maintained paper audit trails; legacy #SupplyChains are largely inefficient.
💻While this method of record-keeping happens to be an industry standard, there is an opportunity to gain efficiency via blockchain #technology.
Blockchain technology is a decentralized digital registry where every network participant maintains an exact copy.📜
🛡Through its implementation, supply chain records can be digitally backup and spread across geography.
✅Ultimately benefiting how supply chains function.
👨💻When combined with other #technologies, such as #RFID and #QR codes, blockchain has the potential to improve the security and integrity of the supply chain record-keeping in real-time.
🔍Making the tracking of price, weight, and geolocation of materials easily traceable.
🔒Blockchain technology also has the potential to make typical industry pain points a non-issue; such as:
♦️Data loss
♦️Corruption
♦️Data fraud
📖Historically, due to inadequate record-keeping, commodity producers are often lost in obscurity.
💳The lack of robust records ultimately prevents accessing credit to fund business expansion.
🚀As time moves on, the benefits that blockchain can offer the global trade sector become more and more apparent.
💫We believe this disruptive technology will become increasingly prevalent, and eventually, will be adopted as the bedrock of modern-day business processes.
Within an inflationary environment, #Commodities are an integral part of an all-weather portfolio, this is due to their ability to remain stable during times of instability.
Reduced volatility & diversification generally equates to reduced risk. 🎯
Within the basket of overall commodities referenced above there are also specific commodities that serve as effective hedges during market uncertainty.
🥇For example following the 2008 financial crash the precious metals rebounded quickly and helped preserve investor capital.
⚙️ Other commodities such as Oil are dependent on global supply & demand fluctuations as well as geopolitical risk within Oil-producing nations.
However, since they are an indispensable part of our global economy they can provide an effective hedge to riskier investments. 📈