Agrifi Docs
  • Introduction
  • Agrifi Concepts for both B2B and B2C Space
    • Food Safety and Supply Chain Management in Blockchain & Marketplace
    • Concept 2: RWA - Organic Farming - Produce from the Farm will be their Return on the Investment
    • Concept 3: Crop Insurance on Blockchain
  • Future Potential of Farmland Tokenization
  • Agrifi AGF
    • BLOCKCHAIN IN AGRICUTURE
    • ROLE OF BLOCKCHAIN TECHNOLOGY
    • AGTECH HELPS SMALL AND LARGE FARMS TO
    • FINANCING TRENDS
    • AGRIBUSINESS GIANTS ARE TAKING NOTICE
    • DUPONT’S GRANULAR
    • SENSORS ARE NOW COMMON THROUGHOUT FARMING
    • ADVANCED AERIAL IMAGING IS NOW POSSIBLE
    • ANALYTICS TOOLS
    • ROBOTICS IS AUTOMATING AGRICULTURE
  • BENEFITS
    • TRANSPARENT SUPPLY CHAIN
    • FAIR PRICING OF GOODS
    • EXPAND FINANCIAL OPTIONS FOR FARMERS
    • IMMEDIATE PAYMENT ON DELIVERY
    • TRACEABILITY OF FOOD
  • USE CASES
    • OVERSEEING FARM INVENTORY
    • ENHANCING AGRICULTURAL SUPPLY CHAIN
    • MODERNIZING FARM MANAGEMENT SOFTWARE
    • THE MARKET: FARM MANAGEMENT SOFTWARE
    • AGTECH IOT OPTIMISATION
    • FAIR PRICING
    • OVERSIGHT AND PAYMENT OF AGRICULTURAL SUBSIDIES
    • COMMUNITY SPONSORED AGRICULTURE
    • MOBILE REMITTANCE FOR SMALL FARMERS
    • INCENTIVIZING SUSTAINABLE PRACTICES
    • GREATER ACCOUNTABILITY FOR MULTINATIONALS
  • TECHNOLOGY
    • Agrifi PROJECT SYSTEM ARCHITECTURE
    • Agrifi TOKEN
    • LOCK-UP PERIOD
    • THE ASK
    • FUNDS UTILIZATION
    • SALES STRATEGY
    • GROWTH STRATEGY
    • MARKETING STRATEGY
    • VALIDATION
    • VISION, FINANCIALS, EXIT
    • CONTACT US
  • ROADMAP
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  1. USE CASES

MOBILE REMITTANCE FOR SMALL FARMERS

PreviousCOMMUNITY SPONSORED AGRICULTURENextINCENTIVIZING SUSTAINABLE PRACTICES

Last updated 6 months ago

Blockchain enables low-cost, quick, and secure payments that eliminate the burden on farmers. The payments can be done within a few minutes with limited transaction fees without the involvement of any middle agents like remittances or banks. The mobile payment system has opened a world of opportunities for many smallholder farmers excluded from mainstream financial services like banking and insurance.

The financial services enable smallholders to:

  1. Invest in agriculture

  2. Relieve liquidity constraints

Blockchain brings fairness in the process of agricultural finance via transparency and shared control accessibility.

Blockchain technology is used in removing counterparty risk for sellers through real time payment, automating and democratizing access to supply chain financing for buyers, and guaranteeing that all consumers have access to the provenance of their commodities to make informed purchase decisions.