DCX started out as a conversation between a venture capitalist and a rice trader. How could technology be used to improve the way that agricultural commodities are priced, traded and delivered? Physical commodity markets, especially agricultural ones, have fallen behind in the race to adopt technology, while many other business sectors are now used to a fully integrated digital experience.
The stakes are high — global food security and the livelihood of farmers and their families — over a billion people worldwide — hang in the balance.
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