Month: January 2017

The U.S. software provider of commodity trading and agribusiness The Seam, which has cleared or processed over $7 billion dollars through its cloud – based platforms, is forming a blockchain consortium with IBM for global industry cotton Fabric Hyperledger deployed. Beginning earlier this year and prepared to produce significant efficiencies.

The Seam, a commodities trading and agribusiness software provider, today announced that it is forming a blockchain consortium for the global cotton industry. Working with IBM, the company intends to lead an industry-wide collaboration initiative to create a supply chain and trading ecosystem built on IBM blockchain technology, according to a press release issued today.

Blockchain in the industry! A blockchain profile consortium for the cotton industry enterprises was created by American company The Seam, based on IT-giant IBM’s project Hyperledger Fabric.

The Seam is an American company focused on providing technological and cutting-edge solutions to the trade and exchange of the farming sector, especially in the cotton industry. Since its inception the company has maintained its innovative nature and was the first to accommodate the first online trade for this raw material. Therefore, the company recently announced the formation of a consortium with IBM to use blockchain technology in order to improve processes in the complex cotton industry.

Memphis-based commodities trading and agribusiness software provider The Seam is forming a blockchain consortium for the global cotton industry. Working with IBM, the company intends to lead an industry-wide collaboration initiative to create a supply chain and trading ecosystem built on IBM blockchain technology, specifically using the Hyperledger Fabric.

A Memphis-based commodities trading and agribusiness software provider is forming a blockchain consortium for the global industry using IBM technology.