List of Covantis Blockchain Customers
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Since 2010, our global team of researchers has been studying Covantis Blockchain customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Covantis Blockchain for Blockchain Platform from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Covantis Blockchain for Blockchain Platform include: Cargill, a United States based Consumer Packaged Goods organisation with 155000 employees and revenues of $154.00 billion, Archer Daniels Midland Company, a United States based Manufacturing organisation with 42383 employees and revenues of $85.53 billion, Louis Dreyfus, a Netherlands based Consumer Packaged Goods organisation with 16300 employees and revenues of $59.93 billion, Bunge, a United States based Consumer Packaged Goods organisation with 23000 employees and revenues of $53.11 billion, COFCO International, a Switzerland based Consumer Packaged Goods organisation with 11000 employees and revenues of $48.00 billion and many others.
Contact us if you need a completed and verified list of companies using Covantis Blockchain, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Covantis Blockchain customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Archer Daniels Midland Company | Manufacturing | 42383 | $85.5B | United States | Covantis | Covantis Blockchain | Blockchain Platform | 2021 | n/a |
In 2021, Archer Daniels Midland Company implemented Covantis Blockchain, a Blockchain Platform intended to modernize global agricultural shipping processes. Covantis Blockchain is operated through a joint venture of which ADM is a founding partner, and the launch was positioned as a move away from paper bills of lading toward a digital platform that increases efficiency, accuracy and transparency in the global transport of agricultural products.
The Covantis Blockchain deployment centers on distributed ledger principles common to Blockchain Platform implementations, providing digitized bills of lading, standardized transaction records, an immutable audit trail, and cross-party transaction orchestration to support shipment documentation and custody transfers. Covantis Blockchain is presented as a shared, permissioned network for trading partners, enabling single-source transaction visibility and reduction of manual documentation workflows.
Operational coverage emphasizes global shipping and logistics within ADM’s Global Trade and Ag Services & Oilseeds businesses, with the platform intended to connect farmers, carriers, processors and customers across the agricultural supply chain. The initiative complements ADM’s broader digital capabilities, including GrainBridge and ADM Wait Times, by aligning traceability, shipment planning and farmer connectivity efforts without asserting specific system-to-system integrations.
Governance and rollout are framed as an industry initiative managed by the Covantis joint venture, requiring multi-stakeholder onboarding and common data standards to replace paper-based processes. The stated outcomes for Covantis Blockchain include enhanced efficiency, improved accuracy and greater transparency across transport workflows, delivering a platform-level infrastructure for document exchange and supply chain traceability.
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Bunge | Consumer Packaged Goods | 23000 | $53.1B | United States | Covantis | Covantis Blockchain | Blockchain Platform | 2019 | n/a |
In 2019, Bunge participated in the launch of Covantis Blockchain, a consortium-built platform designed to address post-trade workflows within global agribusiness. Covantis Blockchain is positioned as a Blockchain Platform targeting contract execution and documentation processes for grain and oilseeds, and the narrative links Bunge to a sectoral initiative alongside ADM, Cargill and Louis Dreyfus, with COFCO and Glencore joining subsequently.
The implementation scope centers on post-trade execution workflows, contract management through to vessel finalization, and automation of repetitive documentation tasks. Functional capabilities implemented include automated execution task orchestration, digital contract execution and documentation acceleration, with stated targets to automate 60 percent of execution tasks, speed transaction processing by up to 70 percent, cut error rates by 80 percent and reduce data re-keying by 90 percent, and to shorten documentation timing by seven to ten days.
Architecturally, the Covantis platform was built using Quorum as the enterprise blockchain layer and includes AI and allied technologies as part of a multi-technology architecture, with an explicit design intent to remain blockchain agnostic to allow technological evolution. The platform design emphasizes security, privacy and uptime requirements for trade participants, and a pilot was scheduled to manage bulk soybean transport from Brazil to China as an initial operational integration point for international agri bulk commodities workflows.
Governance and rollout were structured through a consortium model, with Geneva-based Stefano Rettore named as interim head pending a formal governance model and CEO appointment, and plans to incorporate in the second half of 2020 subject to approvals. Operational coverage at launch focused on grain and oilseeds post-trade functions across the consortium members, aligning Bunge to a shared platform approach for standardizing contract execution and downstream documentation processes.
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Cargill | Consumer Packaged Goods | 155000 | $154.0B | United States | Covantis | Covantis Blockchain | Blockchain Platform | 2019 | n/a |
In 2019, Cargill implemented Covantis Blockchain, a Blockchain Platform designed for post trade processes in global agribusiness. The implementation was launched as part of a multiowner consortium alongside ADM, Bunge and Louis Dreyfus, with COFCO and Glencore joining subsequently, and the initial deployment focus targeted grain and oilseeds trade workflows and a pilot for bulk soybean shipments from Brazil to China.
The Covantis Blockchain implementation centers on automating contract execution and the broader post trade execution lifecycle, spanning contract management through vessel finalization. Functional capabilities described include automated execution task orchestration, document and data workflow automation, and AI enabled process support to reduce manual interventions across trade documentation and execution activities.
Architecturally the platform was built on Quorum, the enterprise Ethereum variant, while being designed to remain blockchain agnostic and to incorporate non blockchain components to meet security, privacy and uptime requirements. Covantis Blockchain is positioned as an enterprise Blockchain Platform with an emphasis on orchestration of post trade data, cryptographic provenance for documents, and APIable interfaces to upstream and downstream trade and transport systems when required.
Governance and rollout were managed through the consortium model with an interim head appointed in Geneva, Stefano Rettore, until a formal governance structure and CEO were established, and incorporation was targeted for the second half of 2020 subject to approvals. The initiative published explicit operational targets, including automating 60 percent of execution tasks, increasing transaction processing speeds by up to 70 percent, cutting error rates by 80 percent, reducing data re keying by 90 percent, and shortening documentation timelines by seven to ten days, and the design reflected a focus on balancing technology risk while scaling platform availability.
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Consumer Packaged Goods | 11000 | $48.0B | Switzerland | Covantis | Covantis Blockchain | Blockchain Platform | 2020 | n/a |
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Consumer Packaged Goods | 16300 | $59.9B | Netherlands | Covantis | Covantis Blockchain | Blockchain Platform | 2019 | n/a |
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