Singapore Diamond Investment Exchange (SDiX), the world’s first commodity exchange in physically settled diamonds, today announced that it has successfully partnered with Kynetix, the physical commodity digitisation expert, and Everledger, supplier of blockchain and distributed ledger infrastructure, to complete the first part of a Proof-Of-Concept
Robin Dand is now in the fifth decade of working in the commodities market. He specialised in the cocoa market and softs in general but also oversaw the administration of a LME Ring Dealing member. In softs, he has experience in cocoa, robusta coffee and
At Kynetix we have a simple objective: we want to bring total trust to the commodity markets. Given all the hype around DLT we set out our stall on a) why any new technology, not just DLT, is important to us at Kynetix and b)
Matt Dolton is one of the Co-Founders of Kynetix and has been spearheading the company’s strategy around the Sentinel platform. Matt succeeds Paul Smyth, who has stepped into the Chairman role as of the 14th February 2017. Alan Wilson has also joined the Kynetix board
Physical commodities have traditionally been traded in bilateral over-the-counter (OTC) deals or through brokers. But these opaque OTC trades are set to be replaced by exchange-based trades in a bid to improve transparency for market participants and help increase market liquidity. The predominance of OTC
For many in the financial services industry, bitcoin has become synonymous with money laundering. But blockchain – the technology that enables the transfer of bitcoins – opens up some intriguing possibilities for participants in commodity markets. In essence, a blockchain is a distributed ledger shared
