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Edited by Ritu13 at 22-12-2023 01:59 PM
Blythe Masters, a recognized expert in the financial and commodities sectors, currently serves as the CEO of Digital Asset Holdings. The company develops blockchain solutions for financial services, making her highly qualified to discuss the applications of blockchain in the commodities industry.
During a speech in London, Blythe Masters stated, "Everyone knows that supply chains are complex and inefficient. This is especially true in metals and mining, where many operational and business practices remain inefficient and outdated, leading to critical data loss, security vulnerabilities, high costs, and unethical supply chain practices."
Speaking at a dinner hosted by the London Metal Exchange to an audience of 2,000 investors, brokers, metal producers, and buyers, Blythe Masters emphasized that blockchain could play a potential revolutionary role in future supply chains. It can be utilized across various industries to trace commodities, from food and clothing to gold, diamonds, and oil. Blythe Masters also highlighted the potential applications of blockchain in mining, transportation, and trading of metals. |
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