According to analysts, the agricultural business contributes around 25% of global GDP and is continually rising. The industry ranks top among the macroeconomic sectors of most of the industrialized nations in terms of production value and investment volume.
The amount of agricultural product commerce throughout the world is predicted to expand steadily over the next decade. As a result, the influence of commerce on the level and character of food security in all parts of the world will grow.
Globalization has an impact on the agricultural business as well. Because of the rising openness of global markets, even small and medium-sized businesses may independently recruit clients from other countries and enter into product supply contracts with them, but they are also subject to increasing financial risks.
Notwithstanding the prospect of direct commerce, small and medium-sized businesses confront a variety of challenges such as the requirement for a thorough understanding of international legislation and trade norms; the requirement for appropriate high-level experts, such as attorneys and international economists. Additionally, the purchase prices for intermediaries are high and low manufacturing capacity, which would allow for large-scale production and delivery to overseas markets; Due to bureaucracy, it is impossible to sell things quickly.
Table of Contents
The Agrolot Project is a decentralized B2B network for selling agricultural crops and food items, and it is presently undertaking a fundraising campaign using Blockchain technology and Smart Contracts.
Registered producers and purchasers will be able to enter into smart contracts, conduct exchange transactions, communicate associated information, and follow the fluctuations of food prices throughout the world.
The platform’s own coin, OFIR (Operative Food International Register), utilizes smart contract technologies. The currency will be used to resolve disputes amongst users. Each product type will be categorized in the register and assessed in OFIR.
AGROLOT is a worldwide B2B marketplace for agricultural and food-related trading. Any user, at any time and from any location, will be able to exchange or acquire items in international marketplaces using a smartphone, without having to worry about logistics, cargo safety, or monetary loss.
Alex Filin is the Chief Executive Officer of Agrolot. Vitaliy Melnyk is the Chief Technical Officer, and Alex Makarov is serving as the Business Development Manager at Agrolot.
Alex Filin has studied at Odessa National Academy of Food Technologies and got a Bachelor’s Degree in the field of Food Economics.
Vitaliy Melnyk has been working in the field of blockchain since 2012, building mining farms, trading cryptocurrencies on exchanges.
AGROLOT will make it possible for small and medium-sized farmers and customers to reach mutually beneficial agreements from anywhere in the globe. In addition, we ensure security and reliability using smart contracts, as well as the safety and transportation of items to their destination through dependable partners. Its major purpose is to connect manufacturers and customers directly, bypassing the long chain of intermediaries.
The ease of making trades through the use of a smart contract, as well as the assurance of their execution. It benefits all participants in terms of efficiency and economics. It allows blockchain-based transaction security and transparency. Producers are given the chance to market their products as profitably as possible everywhere and at any time.
Buyers may acquire items in the desired quantity and quality straight from the manufacturer.
Because of the usage of smart contracts, the network becomes the guarantee of the exchange between the two entities.
Agrolot AGLT is available on the Binance exchange platform. If you’re looking to buy Agrolot AGLT, you can go to the Binance website and start exchanging AGLT coins.
No. Agrolot is currently unavailable for purchase using fiat currencies on any of the supported exchanges. You may, however, buy Bitcoin with fiat currency and subsequently convert it to Agrolot.
AGLT is a utility token.
Yes. They will begin burning tokens after launching AGLT for trading.
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact Agrolot’s price and market cap.
Agrolot Official website – https://www.agrolot.io/en
Agrolot Twitter – https://twitter.com/@agrolot
Introduction The beginning of blockchain technology has started a new period for different business areas,…
Cryptocurrencies rose from obscurity to making global headlines in just 15 years. Bitcoin is the…
Online gambling has become a booming industry in recent years, witnessing an influx of players…
The online gambling landscape is witnessing a seismic shift with the integration of blockchain technology,…
Dive into the Digital Gold Rush: Bitcoin, the New Investment Frontier!
Riding the crypto wave, Bitcoin becomes global zeitgeist!