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First Cryptocurrency Freight Deal for Wheat

11:51 am on Jan 29, 2018 (gmt 0)

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Crytocurrencies are being used for commodities and this appears to be the first of its kind.

The vessel used in Prime Shipping’s transaction carried 3,000 metric tons of wheat from Rostov-on-Don to Samsun. While the cargo is small, it highlights the potential cryptocurrencies could play in agricultural commodity markets. First Cryptocurrency Freight Deal for Wheat [bloomberg.com]

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