AgriDex is a global blockchain that provides digital marketplaces and supply chain information for all participants in the global food chain

Farmer Dan uses the Agridex for better access to markets – regional and global buyers are available through Agridex’s dedicated platform.

Farmer Dan accepts a bid on his bushels of wheat from a local processor ‘Natural Millers’ through the Agridex platform. The inbuilt smart contracts allow speedier settlement and with less middlemen, meaning Dan gets a premium price in a faster speed.

The platform also provides Farmer Dan access to sellers of seeds, along with access to a range of banking, financial services, and insurance.

With a few clicks Farmer Dan sells his bushels at a premium, whilst in the same day ordering his inputs for the following year – along with signing a low cost insurance policy for the next season.

Natural Millers uses the platform for access to a list of sellers and producers of wheat both nearby and globally, allowing it to balance its needs against its carbon footprint.

Natural millers buys Farmer Dan’s bushels, process’s into bread loaves and selects a trusted logistics group to move them on to the final buyers.

Afterwards they interact with our dedicated suppliers to source updated machinery for a much needed refurbishment. Agridex makes purchase and screening easy with our integrated digital marketplace, allowing Natural millers a range of buyers and sellers.

‘Quick Haul’ group uses the Agridex platform to become aware of Natural Millers needs; for trucking of bread from their factories to a nearby supermarket group ‘Fresco’.

‘Quick Haul‘ is a large group yet its parent company in a separate country can accept the job and receive payment internationally all in record time using our inbuilt smart contracts and FoC.

Using Agridex, financial institutions can lend on any aspect of the supply chain. In this case ‘We Lend’ bank views the expected monthly flow of processed bread from ‘Natural Millers’ to ‘Fresco’ supermarkets and sees ‘Fresco’ needs increased supply.

‘We Lend’ agrees to lend trade finance at 8% a year, allowing Natural Millers to increase orders whilst providing an attractive yield to the bank. Access to data points along the way allows a smoother trade flow finance – with regularised tracking of products movement through Iot trackers.

Agridex also means access to food quality, with assured providence and provenance. Check your foods carbon footprint, or what the farmers have been paid. In this case our buyer ‘Jane Smith’ uses Agridex platform to get regular insight on seasonal goods near her, with clear proof of fair pricing to farmers. She picks up a loaf of bread at ‘Fresco’ happy in the knowledge the farmer has been reasonably paid, and the goods have been efficiently trucked to her local supermarket.