issues in agriculture supply chains:
- Low transparency
- Food fraud
- Food waste
- Slow payment processing
- Non-traceable supplies
- Opaque subsidizing
The Agridex Solution
The transparent life cycle for all products gives new take on "farm to table".
The Agridex platform offers the first fully transparent, integrated marketplace with it’s own internal economics. Utilizing AGR stable coin, smart contracts, and participating vetting, Agridex offers a wholly compliant, streamlined solution to Agricultural supply chain management.
Decreased transaction costs
By harnessing the power of blockchain and Agridex token, effectively reduce costs associated with transactions, regulation, currency fluctuations and more
Fraud prevention and production sustainability
Monitor production conditions sustainability and prevent risk of fraud or counterfeit in a transparent blockchain-powered supply chain
No longer need to question the credibility of certified products such as organic, fair trade, active ingredients, etc.
The solution makes allocation, uptake, and usage of agricultural subsidies more trusted thanks to immutable activity records
Smart contract technology allows for built in, real time civil and commercially regulated compliance
Trace each item from its origins through warehousing and transport
Secure data privacy
The inherent security provided through blockchain removes the risk of data loss and fraud
Get accurate taxation and simpler audits
Agridex allows all members of the given supply chain to trade and track their products in a trusted and transparent environment. All deliverables can be traced from their origin to a buyer’s warehouse with verified certification at every step of the chain.
Agridex participants get maximum profit from deals — with Agridex being a global marketplace, bids are regulated only by the offer and demand.
How it works
An intuitive dashboard provides a 360-degree, real-time view of your agriculture trade deals across markets and individual contractors.
Currently third parties are involved with procurement tracking between farmers and buyers creating time delays and problems in workflows. An all encompassing platform enables transparent supervision of the full logistics cycle and eliminates the need for intermediaries. Moreover, consistent information about transportation requirements (i.e. refrigeration needs, dates of expiry, etc) is readily available for all involved parties.
Eliminating Post Harvest Losses With Conditions Control
With IoT sensors, Agridex platform participants can monitor and predict weather conditions. As a result, farmers can improve growth conditions of greens, crops and other grown foods to increase their production volume while simultaneously preventing procuring companies from incurring losses.
In case of an insurance event, a party affected has to collect multiple proofs of the event occurrence. With Agridex, all information about food conditions, business processes and other insights is automatically recorded into the blockchain which drastically simplifies insurance reimbursement.