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OODLE is a Commodity Trading platform with a built-in ODL token that governs how all the stakeholders in complex commodity trade contracts manage and oversee the entire supply chain. The integration of the ODL token combined with the OODLE Marketplace will result in the buying and selling of commodities in a time efficient, transparent, accountable and secure trading environment on the block chain using smart contracts
The ODL token is a utility token with real commodity assets underpinning it that are based on real commodity transactions in real world trade and allows its holders the ability to enter high value complex commodity transactions that would otherwise be inaccessible to them.
The OODLE MarketPlace governs and enables faster, transparent & more timely commodity trades whilst bypassing traditional commodity trading banking system requirements at the same time . The OODLE MarketPlace resides on Ethereum Block chain with ERC 20 standards and the ODL token will in the future be able to trade with other cryptos as well.
The ODL token can be stored, saved and transacted using ERC-20 enabled wallets such as SafePal, TrustWallet, MetaMask and more.
OODLE represents a full-fledged commodity trading technological revolution that will change the fabric of commodity trading forever. OODLE enables international payment transfers within minutes as opposed to traditional banks taking days and even weeks (depending on the complexity of the trade) to release payment.
OODLE will enable mandated parties and rural suppliers to enter the OODLE MarketPlace and benefit from greater cash-flow whilst aiming to reduce the cost of doing business for the Buyer and an increase in revenue for the Seller.