MineHub Technologies Inc. is pleased to announce that the MineHub Trade Finance application has been used by Kimura Capital and their client PY Commodities to finance three consecutive shipments of silver concentrate from Peru to China.
Kimura Capital is a leading alternative financier for physical commodity markets, and provides working capital solutions to large corporates as well as medium-size traders that are active in trading metals, energy and agricultural commodities. MineHub and Kimura have a shared vision on the importance of digitalisation and blockchain technology for bringing efficiency, transparency and security to commodity trade finance. This vision has now been realised in the form of the first live use of the MineHub Trade Finance application.