On the Polkadot parachain, they are going to launch a stablecoin Agrotken – Bits Media

AGROTOKEN, supported by Visa payment giant, announced plans for the release of her "agricultural stablecoin" on the Polkadot network.

Co -founder and technical director AGROTOKEN Ariel Scaliter (Ariel Scaliter) stated, that the emission of stabiblcoins, secured by the pledge in type of grain and food, offers users direct equivalent of the cost of the corresponding goods. The AGROTOKEN project will be deployed on the POLKADOT network.

At the initial stage of launch, it is planned to tocenize grain crops, Such, as Fig, Soybean beans, corn and wheat. Thanks to a single tokenized equivalent of a farmer, enterprises and financial institutions will be able to trade, Save, invest and make transactions through the AGROTOKEN digital platform from anywhere in the world, promises Ariel Scaliter.

Now AgroToken works in the two largest agricultural markets: in Argentina and Brazil, where he has already tocenize commodity products worth more than $105 million. IN 2024 HOURS COMPANY WINNING will run in the US.

Previously, the Canadian Babelry Federation and Sheepchain reported
On the successful testing of the use of blockchain technology for the sheep industry. According to the project participants, Canada will become the first country, the applied blockchain to track the number of sheep.