Blockchain-powered solutions for commodity producers and suppliers
Connecting you with an untapped market of potential buyers & simplifying transactional processes
Stage 1 - Compliance Check
Commodities and suppliers are screened for AML and sanction compliance
Stage 2 - Assaying & Classification
Commodity is thoroughly inspected for quality and grade specifications
Stage 3 - Legal Framework
The design of the token is determined and associated legal work is completed
Stage 4 - Logistics & Storage
The commodities are transported to and stored in specified warehouse
Stage 5 - Digital Delivery
Corresponding MBX Tokens are issued to account of client
Stage 6 - Liquidation
Owner, with full control over MBX tokens, can sell commodity at independently set price on any online exchange or off- market to customers of his choice. Alternatively, tokens can be locked and used to obtain loans from financiers.
The decentralized contract settlement tool for commodity transactions
Why sell with MBX?
The benefits of MBX for suppliers of commodities:
Sell from within high demand markets
Locations for the underlying assets are chosen based on factors such as high demand and efficient transportation routes to major industrial hubs. Together with the high liquidity coming from speculative exchange traders as well as industrial demand, there is a potential for suppliers to capture premium prices when selling their products on MBX.
Minimize KYC, due diligence & compliance processes
Traders utilizing MBX decentralized applications and the MBX Chain native decentralized exchange can be sure that their counterparty is not affected by any economic sanctions as they are screened by MBX during the whitelisting procedure reducing the need for compliance departments.
Wide range of customers and global liquidity
Commodity suppliers can find a wide range of buyers instantly on online marketplaces such as the MBX Chain native DEX, reducing the need for intermediaries or large sales desks and automating sales procedures. MBX enables you to access a previously unreached customer class of financial traders such as hedgers and speculators without regional restrictions caused by infrastructural limitations.
Fair and transparent price finding
MBX E-Commodity transactions are automatically recorded on the distributed ledger. Although parties remain anonymous behind a wallet ID (and wallets can be renewed), the transaction details can be followed live allowing market participants to set prices accordingly.
Sell physical commodities safely & p2p
Be in full digital control of your assets
Make use of non-custodial platforms such as MBX Chain to be secure, in full control of your digital assets, and set your own terms for the sale. Reduce your cyber-security vulnerability by limiting your use of centralized systems and platforms.
Curious for more?
More FAQ's coming soon. To ask questions and chat with the team you can join our Telegram group!