Covantis agribusiness alliance launches blockchain platform

OSTN Staff

PARIS (Reuters) – Covantis, an alliance of global agribusinesses, said on Thursday it has launched a blockchain platform that will initially cover commodities trade from Brazil.

Initial users of the platform include Covantis’ founding members Archer Daniels Midland, Bunge, Cargill, COFCO, Louis Dreyfus Company and Viterra, it said in a statement.

(Reporting by Gus Trompiz; Editing by Jan Harvey)

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