BlockGrain is engineered to be the largest platform for managing the agricultural supply chain; connecting sellers and buyers, providing full paddock-to-plate traceability and allowing bulk logistics companies to manage and grow their operations.
In Western economies, 30% of the value in bulk commodities is reportedly lost due to inefficient supply chains and intermediaries. This figure increases to 50% in the developing world. The Blockgrain platform seeks to resolve poor data management, reduce risk and increase traceability, thereby reducing inefficiencies and barriers to finance.
BlockGrain will use the Ethereum Blockchain technology to achieve decentralised supply chain tracking, record keeping, proof of original orders and data visibility. Transactions can occur in AGRI tokens and are able to be traded on third party token exchanges. There will be both a public and a private Blockchain layer with the public layer and third-party exchanges operating independently of BlockGrain. The private Blockchain layer will help to control the high volume and frequency of agricultural and supply chain transactions, as well as serve as a data bank to reduce transaction wait times.
Blockgrain is headed by CEO Caile Ditterich, who was born and raised in the agricultural industry. He’s spent his career in the sector including roles with Australia’s largest grain handler, GrainCorp. Fellow executive team members have held positions in grain supply chain management for Cargill Australia, in addition to senior level technology experience with one of Australia’s largest app developers, Appster.
|ICO dates||26 April to 24 June|
|Token price in USD||1 AGRI Token = 0.075 USD / 1 SEED Token = TBD USD|
|Accepted currencies||BTC, ETH|