Developments in the world of IT are likely to radically change the way commodities are traded and tracked.
A new free-to-download report from Agrimoney, Emerging Technologies for Agricultural Commodities Traders, written by experts in the field, looks at what three key technologies might mean, and how companies should be preparing for their introduction and use.
The papers in the report include:
Blockchain specialist Somil Goyal, COO of Adjoint London, previously associate partner at EY London, says 2017 is the year blockchain has moved from ’stealth mode’ to being a mainstream topic. "The impact of this technology on trading in general, and agri commodities, will be substantial and far-reaching."
Bart Kroon, CEO of Agiboo, who has written about cloud computing, believes the cloud has removed much of the risk when choosing a new IT system or application. "The burden of gearing up an IT infrastructure has completely disappeared."
A move to using a centralised risk management system, alongside a local commodity trading system, should help with flexibility and agility, says Ito van Lanschot, chairman of Tradesparent BV.
The report, which is sponsored by Agiboo, is available for free download at