Agrotoken, the first global tokenization infrastructure for agrocommodities, is partnering with Pomelo and Algorand as strategic allies for the implementation and development of a card designed for the agricultural sector.
The Algorand blockchain will make all operations transparent, fast, secure, with high scalability and low energy consumption, as it has been built focusing on sustainability in order to minimize the environmental impact, an approach diametrically opposed to other networks currently in operation.
Integrating Pomelo and Algorand into existing partnership with Visa shows the versatility of Agrotoken’s cryptoassets.
What is Agrotoken?
Agrotokens are tradable digital assets backed by grain. Their value is linked to the price of the grain. 1 Agrotoken represents 1 ton of grain.
What is utility of Agrotoken?
You can tokenize your grains online, receiving Agrotokens in your wallet, which can be accessed by your cell phone or computer.
You can:
- Exchange them for seeds, vehicles, machinery, fuel, services, etc.
- Use them as collateral for loans.
- Get a pre-funded card with your Agrotokens
- Accept them in exchange for your products and services to receive the money immediately in your wallet, without delays.
by maros.algo
