Decentralized Agro Chain
A decentralized marketplace that can securely capture the records such as buying and selling products and store records in an immutable way with complete product visibility.
About
The problem it solves The sellers usually have an agent who ensures that the goods are delivered safely and buyers have an agent to recommend payment and audit the delivery. The Involvement of multiple agents adds high costs to the system and makes the entire process time-consuming. With the blockchain, the whole process can be simplified to a single distributed ledger. Buyers can directly Interact with the supplier or farmers that speeds up the process and reduces the time to settle a payment. So farmers can receive a larger share of sales directly with a blockchain-based solution. With the features like traceability and auditability, farmers can directly sell crops or food to the restaurant or Individuals without the need for Intermediaries.