#blockchain Could Make #investing in #commodities Simpler
▻https://hackernoon.com/blockchain-could-make-investing-in-commodities-simpler-cbe1c93f0882?sour
Investing in commodities, such as coal, #gold or oil, can be difficult for investors. A major reason for this is that unlike stocks and bonds, commodities are not readily transferable and easily accessible to the average investor. Further, the complex way in which they trade through the futures and options markets can be a hurdle. In other words, an investor can’t just buy a barrel of oil. With the rise of Blockchain technology, tokenizing commodities can be a reality.What Are Commodities?Commodities are in general raw materials or goods that are grown or mined. The commodities market is where they can be bought and sold, such as precious metals, gold, coffee beans, oil, grains, energy, etc. People have been using physical commodities all around the world throughout history as forms of (...)