/biz/ - Business & Finance

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Anonymous Wed Sep 30 21:35:08 2020 No.22949651 [Reply] [Original]

Between the daily uniswap defi scams, a microcap project launched one of the most significant use cases in the space to date. I'll only post this once.

>https://www.dmcc.ae/news/dmcc-al-khaleej-sugar-and-universa-launch-online-sugar-trading-platform

DigitalSugar to offer world-first spot contract for raw sugar
Blockchain-enabled platform trades tokenised sugar that is backed by physical sugar reserves

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced the launch of the DigitalSugar Trading Platform (DigitalSugar.io) in partnership with the world’s largest sugar refinery, Al Khaleej Sugar, and Universa Blockchain.

Developed using Universa’s leading blockchain technology, DigitalSugar will be the first global exchange to offer traders and investors raw sugar on a spot basis, rather than the more common options or futures contracts offered by other current exchanges.

DigitalSugar will provide greater access to one of the world’s most popular soft commodities through a fully online platform backed by DMCC Tradeflow, a dedicated online platform for registering possession and ownership of commodities stored in UAE-based storage facilities. Trading through the DigitalSugar platform will be available 24/7 without brokers or a minimum exchange transaction value, allowing both retail and institutional clients to act upon their views whenever and wherever they are.

Anonymous Wed Sep 30 21:35:14 2020 No.22949653

>https://en.wikipedia.org/wiki/Dubai_Multi_Commodities_Centre

DMCC (Dubai Multi Commodities Centre) was established in 2002 by the Government of Dubai to provide the physical, market and financial infrastructure required to establish a hub for global commodities trade.

>>	Anonymous Wed Sep 30 21:47:25 2020 No.22949861 >Universa HAHAHAHAHAHA

>>	Anonymous Wed Sep 30 21:49:50 2020 No.22949903 File: 155 KB, 500x335, 1563240480433.jpg [View same] [iqdb] [saucenao] [google] >>22949861

>>	Anonymous Wed Sep 30 22:32:52 2020 No.22950570 >>22949903 the joke's on you. enjoy the scam.

>>	Anonymous Wed Sep 30 22:38:08 2020 No.22950667 >>22949651 neat. I don't expect the demand for sugar is going to 10x anytime soon though and am not interested in trading the spot price desu.

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