TradeCloud is a bespoke platform, designed and developed specifically for the physical commodity markets. It is an online platform where producers, consumers and traders of physical commodities can meet to exchange information, negotiate contracts and conclude business.
TradeCloud’s vision is to bring the commodity industry into the digital age, by providing it with a state-of-the-art communications platform and the realisation of The Commodities Web - a network-of networks of services, built around blockchain technology.
Live for just one year, TradeCloud has attracted over 200 enterprises and 400 users onto its platform. With customers in over 36 countries, some of the largest global producers and consumers have signed up to join our growing community. Over USD 500 million of physical commodity trades have already been initiated on the platform and the volume is accelerating.
TradeCloud currently serves the metals industry and plans to expand into the energy and agricultural sectors in the near future. The combined trade value across the three markets is estimated to be in excess of USD 8 trillion per year- representing one, if not the, largest untapped e-commerce opportunity available today.