Fintech Insider Podcast by 11:FS cover image

751. Focus: Putting grain on the blockchain – with Eduardo Novillo Astrada, CEO of Agrotoken

Fintech Insider Podcast by 11:FS

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How Deloitte Created a Grotoken in Argentina

The USDC is a sort of agro token that farmers can use to get credit for their crops. It works by first proving the grain exists and then providing proof of its origin. For every dollar delivered, Cargill will pay you in six months or nine months at the one delivered time. The tokens are soldited by Deloitte; they cost about $10 each.

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