Shipping Firm, Grain Trader to Offer Blockchain Payment System

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paraxon
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Shipping Firm, Grain Trader to Offer Blockchain Payment System

Post by paraxon » Thu Dec 28, 2017 11:32 am

Shipping Firm, Grain Trader to Offer Blockchain Payment System
By Anatoly Medetsky
(Bloomberg) -- Russian shipping broker Interchart and Gibraltar-based grain trader Quorum Capital plan to start blockchain system to help shipping industry make instant payments and background checks for deals, according to a statement from Quorum Capital.
The cos. will perform an initial token offering as part of the effort
A date for the offering will be announced in near future; blockchain platform has yet to be chosen, Ivan Vikoulov, managing partner at Quorum Capital, said by phone
READ: Nov. 30, Ukrainian Shipper Varamar Plans to Accept Bitcoin Payments
READ: Blockchain Seen Revolutionizing Food Chain, Cutting Costs

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