In economics, the term commodity is used specifically for economic goods that have full or partial but substantial fungibility; that is, the market treats their instances as equivalent or nearly so with no regard to who produced them[1]. In simple terms a commodity is a basic good used in commerce…

What is Commodity Exchange? A commodity exchange is a market in which multiple buyers and sellers trade commodity-linked contracts on the basis of rules and procedures laid down by the exchange. In developed countries, and in an increasing number of developing countries, such exchanges typically act as a platform for trade in futures contracts…

One stop shop for trading commodities EMCODEX is a decentralized commodities exchange (DEX) focusing on products and emerging product commodities. Anyone is allowed to list and standardize a new commodity without the need of a central authority permission. Decentralized marketplace as a DEX EMCODEX allows fully decentralized trading of standard product…