issues in agriculture supply chains:
- Low transparency
- Food fraud
- Food waste
- Slow payment processing
- Non-traceable supplies
- Opaque subsidizing
What you get with Agridex
Agridex is a full-cycle blockchain-based SaaS (BSaaS) system for food and agriculture supply chain participants: producers, farmers, suppliers, logistics providers, banks, insurance companies and regulators.
Decreased transaction costs
Harness the power of automation to reduce the burden of regulations and costs, with peer-to-peer transactions made directly to supply chain participants across the globe performed via Agridex token
Fraud prevention and production sustainability
Monitor production conditions sustainability and prevent risk of fraud or counterfeit in a transparent blockchain-powered supply chain
Let Agridex autonomously define organic and fair-trade products, amounts of active ingredients and other related parameters
Make allocation, uptake, and usage of agricultural subsidies more trusted thanks to immutable activity records
Get built-in, automatically updated civil and commercial regulatory compliance
Trace each item from its origins through warehousing and transport
Secure data privacy
Encrypt data to remove the risk of product counterfeit and data loss
Get accurate taxation and simpler audits
Agridex allows farmers and producers to trade their products directly to buyers in a trusted, one-for-all environment. All deliverables can be traced all the way in real-time from their origin to a buyer’s warehouse.
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.
Use cases in agriculture
Currently third parties are largely involved in procurement tracking between farmers and buyers amassing challenges in workflows. A one-for-all platform enables transparent supervision of the full cycle of logistics and eliminates the need for intermediaries.
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.
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.