Solana-powered AgriDex, a real-world assets (RWA) platform, recently facilitated a cross-border agricultural transaction between a South African producer and a London importer. The importer purchased over 200 bottles of olive oil and wine from South Africa, with AgriDex handling the payment via the Solana blockchain, charging a mere 0.15% fee. This contrasts sharply with traditional payment methods that levy higher fees. The CEO of Oldenburg Vineyards praised the reduced costs and faster settlements. AgriDex's CEO highlighted how their platform simplifies trade by tokenizing agricultural contracts, benefiting small-scale farmers. The platform's success has led to upcoming trades worth over $500,000, including farmland sales in Zambia and machinery sales in Zimbabwe. Transparency and data sharing are key to building trust in these transactions, as Solana emerges as a game-changer in agricultural trade. Exciting developments in the crypto world await in Saudi Arabia's Riyadh, dubbed the 'Crypto City Guide.' Read more AI-generated news on: https://app.chaingpt.org/news

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