Project Problem

The primary problem AgriDex addresses is the inefficiency and opacity in the global food supply chain, which can lead to high costs and exploitation of farmers. Its solution is to create a decentralized marketplace that offers real-time data, direct peer-to-peer transactions, and permanent records of trades, providing both economic advantages and greater trust in the food supply system

Project Solution

AgriDex is a blockchain-based platform aimed at transforming the agricultural industry by bringing transparency and efficiency to global supply chains. Built on Solana, it tokenizes agricultural commodities such as grains, sugar, and olive oil, allowing for secure and transparent transactions. By leveraging NFTs, AgriDex records key details of agricultural trades, including product origins and shipping information, which enhances traceability and helps reduce food fraud. The platform is designed to eliminate intermediaries, thereby lowering transaction costs by up to 40% and offering near-instant settlements, making it especially beneficial for small farmers.