Mairym CastroNov 25, 2021 · 3 years ago9 answers What are the advantages of using digital currencies in commodity trade?
What are the benefits and advantages of utilizing digital currencies, such as Bitcoin, Ethereum, and other cryptocurrencies, in commodity trade transactions? How do these digital currencies improve the efficiency, security, and transparency of commodity trade? What impact do they have on reducing transaction costs and eliminating intermediaries? How do digital currencies facilitate cross-border commodity trade? What are the potential risks and challenges associated with using digital currencies in commodity trade?