Agricultural supply chains are very complex and have long suffered from a lack of transparency and trust between participants. In a trading environment like grain where margins are razor-thin, this roadblock not only slows things down but can cost farmers real income where it matters most.
A company called “AgriDigital” is now leveraging blockchain technology to create digital trust across the entire supply chain. The AgriDigital platform is a cloud-based, multi-participant commodity management platform that allows everyone from farmers, to buyers, to storage operators and even consumers to interact and trade directly with each other. Built on a blockchain backbone, the platform allows participants to access a single live view of contracts, deliveries, prices, orders, inventory, consignments, payments and more, with digital tracking and real-time notifications to keep everyone in the loop. This is an entirely digital ecosystem and could be a real game-changer for our industry.
If you want to learn more about AgriDigital and how they are bringing new transparency to the grain supply chain, you are invited to attend our upcoming webinar titled, “Grain Supply Chains Made Easy,” it will be held tomorrow, Thursday, May 13 at 3:00 PM CST featuring Emma Weston, CEO and co-founder of AgriDigital. REGISTER HERE
