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Commodity traders use blockchain to track orange juice, apps to buy coffee

Louis Dreyfus Company and Archer-Daniels-Midland Company are some big industry players actively looking to digitalise processes and improve efficiency

 Uma Devi
Published Thu, Mar 10, 2022 · 09:50 PM

    Singapore

    DIGITALISATION is no longer optional for commodities traders, who are actively revamping their operations to meet higher consumer expectations while also improving efficiency.

    At Louis Dreyfus Company, one of the world's largest commodity players, blockchain technology has been used to allow customers to keep track of where their orange juice comes from.

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