Trading Platforms for digitalised Commodities
A PONTON Paper on Standardisation and Interoperability for Trading Platforms
This PONTON Paper presents an analysis of the impact of digitalisation and standardisation on the tradability of products that normally could not be traded on an online marketplace. First, we will analyse the parameters for commoditisation of products so that they can be traded in an automated way. Then we examine two cases of industrial products with corresponding trading platforms: Flexible electricity in the energy sector and trading of ball bearings as complex industrial parts. These two cases show an individual product or process profile but serve as an example for the power of standardisation of digitalised trading processes.