China and US Concluded First Blockchain Commodity Deal

Shandong Bohi Industry from China sold  soybeans to the American Louis Dreyfus via blockchain
23 January 2018   173

The Chinese company Shandong Bohi Industry for the first time used the Easy Trading Connect (ETC) blockchain-platform to sell soybeans to the American agricultural enterprise Louis Dreyfus. This is reported by Business Insider.

The deal was also attended by the banks of ING, Societe Generale and ABN Amro. The supply of soybeans from the United States to China has become "the first complete commodity transaction in the field of agriculture using a blockchain-based platform."

Distributed ledger technologies have been evolving rapidly, bringing more efficiency and security to our transactions, and immense expected benefits for our customers and everyone along the supply chain as a result.

Gonzalo Ramírez Martiarena 

CEO of Louis Dreyfus Company

It is worth noting that the ETC platform greatly simplifies and accelerates trading operations. In particular, it digitizes documents, such as purchase and sale agreements, letters of credit, and reduces the need for legal support for the transaction. According to the group of developers, the technology allowed to speed up the conducted transactions five times.

DROXNE to Release Roadmap

Droxne has announced that it is working on the white paper and roadmap, which will be released on February 20, 2018
20 February 2018   203

Droxne is a peer-to-peer crytpocurrency gaming platform which uses DRXNE as its ingame currency. DRXNE is a decentralized and open-source cross platform cryptocurrency dedicated to enhancing the gaming experience on the blockchain for all users.

Droxne has announced that its team is working on the white paper, roadmap, ecosystem website and a new platform work stream. Droxne plans to release the full version of its roadmap on February 20, 2018.

DROXNE roadmap release announcementDROXNE Roadmap Release Announcement

The other future development plans of Droxne include building new Droxne website, integrating APIs to show DXRNE price, PoS difficulty, sharing count on website homepage. Moreover, it strives to build a developer fund to facilitate payment of bounties – initially community donations, long term explore funding with portion of staking income.

At the moment of press, these are main market parameters of DROXNE:

Average price: $0,015766
Market cap: $1 057 791
24h volume: $3 330