Metalbx ICO & Token Sale
- MetalbxInfrastructure, Investment
The ethereum blockchain is a widely used distributed ledger technology. It allows for the exchange of digital assets between wallets and for the programming of self-executing contracts on the system. The ethereum is considered to be the safest and hacking the system is almost impossible, so most online exchanges opt for this. It is not just safe, but also the most practical system of all. Blockchain technology adds all the benefits that decentralization brings and more. Creating duplicates of the assets is considered impossible. These assets can be traded on online exchanges. Smart contracts are a major feature of the ethereum blockchain.
It aims to revolutionize the commodities trade by creating a simple, secure, and efficient way for traders, speculators, and consumers to participate in the global trade of copper.
BMC is the first trading and warehousing company that enables its customers to hold and trade their warehouse receipts on the Ethereum blockchain. The ethereum blockchain naturally fulfils these and all other transfer requirements. Even in case of dissolution of the BMC the ownership of the underlying copper remains with the coin holder without third-party claims. Physical traders and speculator benefits do not have to ship or store the copper that they are trading while maintaining secure ownership. With CuCoin (MBX) and its connection to the physical world, both payment and copper delivery obligations in a trade deal can be verified. It can also be executed in turns by programming a simple smart contract.
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