top of page
  • Twitter
  • Telegram
  • Discord
  • GitHub
  • Youtube
  • Writer's pictureMoondance Labs Team

Agrotoken Joins Forces with Tanssi to Transform Agro-Finance in Brazil & Argentina

Tanssi, an appchain infrastructure protocol, has entered into a strategic collaboration with Agrotoken, the first global tokenization infrastructure for agricultural commodities. Tanssi will serve as a gateway for Agrotoken to seamlessly access Polkadot’s interconnected modular environment.


This collaboration provides Agrotoken with an appchain to tackle the complexities of the natural resources sector, which involve detailed business processes that a standard blockchain cannot handle. With its own appchain, Agrotoken can efficiently digitize commodities and manage their lifecycle with the necessary flexibility.


Ariel Scaliter, CTO and co-founder of Agrotoken said: "We are very excited to start working together with Tanssi for their infrastructure and simplicity in implementation. This collaboration will allow us to expand our horizons with greater speed and flexibility because our purpose is to achieve accessibility of natural resources. Agrotoken is an infrastructure created to generate new opportunities, and joining Tanssi represents a firm step towards that direction."

Operating in major agricultural markets, Agrotoken targets regions where agribusiness represents significant portions of the GDP—22% in Brazil, 6.6% in Argentina, and 5.5% in the United States. With its large market and strategic partnerships, Agrotoken requires a robust, reliable, and scalable infrastructure—key characteristics of appchains. Investments from major players like Visa and Bunge further position Agrotoken for rapid growth.


Agrotoken has tokenized US$70 million in cereals, the equivalent of 230,000 tons of soybeans, corn, and wheat. As this activity scales, Tanssi's support will power Agrotoken's growth without compromising performance.


Agrotoken: Leading the Agro Revolution with Blockchain Technology

Agrotoken is transforming how commodities and natural resources are managed through its agro-tokenization infrastructure. Many people in big cities may not realize it, but in rural Brazil and Argentina, grains are often used as currency, similar to barter systems. Agrotoken is modernizing this system by turning grains into digital tokens, which can be loaded onto a Visa credit card. This allows farmers to spend their money seamlessly, avoiding the operational overhead and logistics of using physical commodities.


Agrotoken plays an important role in the agrobusiness market in Brazil and Argentina. By tokenizing both current and future harvests, it provides essential working capital for farmers, enabling better planning and growth. Beyond trading, Agrotoken's platform supports loans collateralized with tokenized assets, payments using tokenized grains as currency, and a crypto credit card with tokenized grains as collateral. A key feature of Agrotoken's system is its ability to abstract away all crypto elements for both investors and users, simplifying the process. Investors purchase regular agricultural commodity certificates without dealing with tokens, while agro-businessmen use their tokenized harvests as collateral for credit cards and everyday transactions.


The natural resources sector presents unique challenges with its intricate business logic, which standard blockchains struggle to manage. This is where the need for an appchain becomes evident.


Equipping Agrotoken with Tanssi's Robust and Flexible Blockchain Infrastructure

Agrotoken's challenges stem from the multifaceted nature of the natural resources sector. Collateralizing loans with tokenized grains requires precise tracking of grain values, loan terms, ownership transfers, and repayment schedules. Traditional blockchains struggle with these tasks due to their rigid structures. An appchain, however, integrates these rules into the blockchain, offering the flexibility needed to manage the lifecycle of digitized commodities.


However, deploying and managing an appchain can be resource-intensive. This is where Tanssi comes into play, providing the Agrotoken team with essential infrastructure tools as a service. Tanssi simplifies the process, enabling the launch of their appchain with just a few clicks, and supports block production along with key integrations like oracles and wallets.


Benefits of an Appchain for Agrotoken

  • Tailored Functionality: Accommodates complex transactions and custom business logic.

  • Scalability: Ensures high performance with dedicated blockspace for efficient transaction processing. This is crucial given Agrotoken's Total Addressable Market, which represents a significant portion of the GDP in large agricultural markets such as Brazil and Argentina.

  • Interoperability: Integrates seamlessly with other blockchains and financial systems, tapping into advanced technologies like Moonbeam Routed Liquidity.

  • Security: Ensures secure transactions and system integrity through Polkadot’s shared security model.

  • Regulatory Compliance: Embeds compliance measures directly into the blockchain for legal and transparent operations.

  • Cost Efficiency: Optimizes transaction processing, reducing operational costs.


By leveraging an appchain, Agrotoken can address the unique challenges of the natural resources sector, providing a flexible, scalable, and secure platform that supports the digitization of commodities and enhances the overall efficiency of agricultural finance.


Looking Forward: Agrobusiness in Tanssi

This collaboration marks the first agrobusiness use case in the Tanssi ecosystem. Agrotoken brings its innovative approach to agro-tokenization, offering new possibilities for the commodities and natural resources sector.


The collaboration successfully began with Agrotoken's appchain deployment on Dancebox, Tanssi's testnet, and will continue with its launch on Tanssi's main network later this year.


Anyone interested in testing Tanssi's appchain deployment capabilities can get started at apps.tanssi.network.


 

About Tanssi Network

Tanssi’s appchain infrastructure protocol is designed to simplify and accelerate the deployment of appchains. By connecting a chain to Tanssi, it is instantly transformed into a modular appchain. This transition grants access to a developer-friendly and permissionless environment, fully stocked with all essential infrastructural components to run a chain right out of the box. Key features include a shared and decentralized network of block producers, ensuring robust security and data retrievability, alongside seamless integrations with vital tools like bridges, wallets, block explorers, RPC endpoints, indexers, oracles, and more. As a result, appchains can be deployed in just minutes—a significant improvement over the typical months-long process. Learn more at tanssi.network.



About Agrotoken

Agrotoken, is the first global real-world asset tokenization infrastructure, employing blockchain to optimize the management and trading of real assets, ensuring significant progress towards efficiency and transparency in the agricultural sector. Founded in Argentina in 2020, the company's strategy focuses on two business areas: Agrotoken.platform, which develops the first global commodity digitalization platform, and Agrotoken.labs, which creates solutions adapted to the individual needs of each client of the agricultural sector.

220 views0 comments

Comments


bottom of page