The Digital Commodity Exchange Launches On Hedera

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The Digital Commodity Exchange, the suite of secure and integrated agricultural commodity trading platforms, is now live on the Hedera mainnet.

HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Wednesday that the Digital Commodity Exchange, the suite of secure and integrated agricultural commodity trading platforms, is now live on the Hedera mainnet.

The Foundation added that the DCX platforms give improved market access and price discovery. With the transparency, auditability, and power delivered by Hedera’s blockchain, fraud and risk are significantly mitigated. All users on the DCX platform can now verify individual platform events, such as trades, on the Hedera mainnet themselves.

Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance.

HBAR is trading at $0.0499 at press time, up by 1% over the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.