Rice Exchange

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Rice Exchange is a digital blockchain-enabled rice trading platform bringing transparency, liquidity, security and improved access to the $450 billion rice market.

Rice Exchange's state of the art blockchain infrastructure enables automation of otherwise hugely cumbersome, human-error prone and time consuming paperwork and processes. In trading, time really is money, and Rice Exchange cuts down on administrative management time. The inherent consensus-driven trust and safety mechanisms on the blockchain platform, combined with independent validation of all parties and 100% visibility of all steps through a permanent audit trail, deliver an unprecedented level of transparency to the rice market.

All stakeholders - buyers, sellers, banks, insurers, shippers, warehousing and inspection services - benefit significantly, as once old bottlenecks are removed, the market will expand and speed up significantly, safely delivering higher volumes of business at greater margin.


URL: https://www.ricex.io/

Location: Singapore

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