Key highlights:

  • Agrotoken and Tanssi are developing a blockchain-based agro-finance solution for Brazil and Argentina.

  • Agrotoken will use Tanssi's appchain technology to collateralize loans with tokenized grains.

  • The project is the first agrobusiness use case within the Tanssi ecosystem.

Appchain infrastructure protocol Tanssi has entered into a strategic collaboration with Agrotoken, the first global tokenization platform for agricultural commodities, to develop an agro-finance solution using Polkadot technology for the South American market. They will initially be focusing on Brazil and Argentina. This collaboration marks the first agrobusiness use case to be developed within the Tanssi ecosystem, which operates on Polkadot’s Substrate framework.

What is Polkadot?

Agrotoken will leverage Tanssi’s dedicated appchain technology to develop a blockchain-based solution for collateralizing loans with tokenized grains. Equipped with its own appchain, Agrotoken will be able to efficiently digitize commodities and manage their lifecycle. As this activity scales, Tanssi's support will provide Agrotoken with essential infrastructure tools as a service, enabling the launch of its appchain with just a few clicks, and will support block production along with key integrations such as oracles and wallets.

Revolutionizing agro-finance with blockchain

Agrotoken is a pioneering platform for tokenizing agricultural commodities. They have entered into a strategic collaboration with Tanssi, an appchain infrastructure protocol. This partnership aims to develop a blockchain-based solution to improve agro-finance in South America, starting with Brazil and Argentina.

Agrotoken plans to utilize Tanssi’s dedicated appchain technology to create a system for collateralizing loans with tokenized grains.

This approach involves complex processes such as:

  • tracking grain values,

  • loan terms,

  • ownership transfers,

  • and repayment schedules.

Tanssi's appchain provides the necessary infrastructure to manage these processes efficiently.

"We are very excited to start working with Tanssi on account of their scalable infrastructure built with Polkadot and its simplicity in implementation. This collaboration will allow us to explore natural resource tokenization with greater speed and flexibility." —Ariel Scaliter, Agrotoken's CTO and co-founder

Agrotoken has already made significant strides by tokenizing $70 million in cereals, equivalent to 230,000 tons of soybeans, corn, and wheat. Tanssi’s infrastructure will support Agrotoken’s growth while maintaining the same level of performance. Tanssi will provide essential tools for launching Agrotoken's appchain and support critical integrations such as oracles and wallets.

Tanssi's role in the ecosystem

This partnership marks the first agrobusiness use case within the Tanssi ecosystem, which operates on Polkadot's Substrate framework. The project began with Agrotoken's appchain deployment on Dancebox (Tanssi's testnet) and will proceed to its mainnet launch later this year.

Tanssi's appchain infrastructure protocol simplifies and accelerates appchain deployment. By connecting to Tanssi, chains gain access to a modular, developer-friendly, and permissionless environment equipped with all essential infrastructural components.

Key features include:

  • a decentralized network of block producers,

  • robust security,

  • and seamless integrations with bridges, wallets, block explorers, and more.

The bottom line

Agrotoken and Tanssi's blockchain-based solution for tokenizing grains and managing loans is set to transform agro-finance in South America, starting with Brazil and Argentina. This collaboration improves the efficiency and transparency in agricultural finance and sets the stage for future innovations within the Tanssi ecosystem.