Commodities Intelligence Centre (CIC) has launched Singapore’s first physical commodity B2B e-trading platform, together with its key industry partners ZALL SMARTCOMM (ZALL, a major B2B player in China), GeTS (Global eTrade Services) Asia Pte Ltd., a subsidiary of CrimsonLogic (a provider of eGovernment products and services, based in Singapore), and Singapore Exchange Limited (SGX).
CIC is a one-stop global trading platform built on blockchain technology that aims to provide commodity traders around the world access to a range of services from transaction matching, one-click customs clearance, to supply chain financing and payment term options, as well as greater pooling of resources for both buyers and sellers.