Converge is a digital marketplace that facilitates the buying and selling of products in a collaborative, encrypted, blockchain based environment.
Producers offer products to the market place specifying product type, location, quality and other relevant features.
Buyers access the platform to understand what is available in the marketplace for their required product, location and quality.
Buyers then bid on the available produce and by means of agreeing a strike price with the supplier, agree to purchase a quantity, quality, at a specific location for a mutually agree price.
The Bid/Ask process ensures the process achieves a correct price for the current market.
Converge is a tailored configuration of the HashNex blockchain platform.