Cargill's dry bulk business part of groundbreaking technology

A dry bulk cargo shipped by Cargill last week broke new ground in the sector, as the financial transaction was performed through blockchain technology. This marks the first kind of this transaction, according to bank HSBC, reports the Financial Times.

Photo: Ritzau Scanpix/AP/Andre Penner

A cargo of soy beans shipped from Argentina to Malaysia last week, carried by Cargill, was wholly groundbreaking.

Not the cargo or the actual transport process, but the way in which the financial transaction was handled digitally broke new ground in terms of technology.

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