Case Study
Automating the commodity trading process
Gavea is a Brazilian agricultural technology company that connects the end-to-end commodity supply chain from buyers to sellers. Powered by Corda, the Gavea Marketplace solution enables product traceability, full price transparency and eliminates the need for a middleman with its unique matching mechanism.
Challenge
Lack of Digital Infrastructure and Transparency
Manual processes make it challenging to track provenance and prevent mutual access to fair pricing information.
Regulation requires Proof of Environmental Impact
Failure to provide, significantly impacts a company’s reputation.
Existing Solutions Unfit for Data Synchronization
Traditional solutions focus on intraorganizational optimizations and fail to connect data silos across external parties.
Solution
Gavea Marketplace
Digital commodities exchange where producers and consumers can trade, track and settle commodities all in one platform.
Leverages Corda Permissioning
Chosen for its private architecture which allows participants to retain full control over their data, while transacting peer-to-peer on a multi-party exchange.
Leverages Corda’s Token SDK
Reduces time-to-market and standardizes the creation, issuance, and trading of commodity assets.
Results
Improves Market Infrastructure
Participants no longer have to rely on costly and inefficient manual processes.
Benefits All Participants
End-to-end supply chain traceability, full price transparency, positive ESG impact, and higher profit margins for producers.
Commodity Tokenization
Assess product’s value based on pre-defined parameters such as origin and quality, proving its provenance.
Access to New Markets, Lowering Risk, Reducing Costs
Enables buyers to access new markets and lower operational risk with no additional fixed costs and lower transaction costs.
The network and the nodes are written in Kotlin and can be set to run on the biggest clouds out there. This allows the whole solution to be scalable according to the needs of our regulated customers.
Bruno Holtz—CTO, Gavea
