Agrotoken, the leading global tokenization platform for agricultural commodities, has announced a strategic partnership with Tanssi, a cutting-edge appchain infrastructure protocol, to transform agro-finance in South America. The collaboration will leverage Polkadot technology to develop a blockchain-based solution for collateralizing loans with tokenized grains, initially focusing on Brazil and Argentina.
Agrotoken will utilize Tanssi’s dedicated appchain technology to create a robust system for managing complex processes like tracking grain values, loan terms, ownership transfers, and repayment schedules. This tailored approach provides a significant advantage over traditional, general-purpose blockchains, allowing Agrotoken to efficiently digitize commodities and manage their lifecycle.
The partnership is particularly relevant in major agricultural markets like Brazil (22% GDP from agribusiness), Argentina (6.6%), and the United States (5.5%), where the need for efficient and scalable infrastructure is crucial. Agrotoken’s CTO and co-founder, Ariel Scaliter, commented, “We are thrilled to collaborate with Tanssi, leveraging their scalable infrastructure built on Polkadot. This partnership will enable us to explore natural resource tokenization with enhanced speed and flexibility.”
Agrotoken has already successfully tokenized $70 million in cereals, equivalent to 230,000 tons of soybeans, corn, and wheat. As this activity scales, Tanssi’s support will be vital in maintaining optimal performance. Tanssi will provide Agrotoken with crucial infrastructure tools as a service, simplifying appchain deployment and supporting block production, along with key integrations like oracles and wallets.
This collaboration marks the first agrobusiness use case to be developed within the Tanssi ecosystem, operating on Polkadot’s Substrate framework. The project has commenced with the deployment of Agrotoken’s appchain on Dancebox, Tanssi’s testnet, and will continue with its launch on Tanssi’s mainnet later this year.
About Tanssi Network
Tanssi’s appchain infrastructure protocol simplifies and accelerates appchain deployment. Connecting a chain to Tanssi transforms it into a modular appchain, granting access to a developer-friendly and permissionless environment equipped with essential infrastructure components. Key features include a decentralized network of block producers for robust security and data retrievability, along with seamless integrations with essential tools like bridges, wallets, block explorers, RPC endpoints, indexers, oracles, and more.
About Agrotoken
Agrotoken is the world’s first global real-world asset tokenization infrastructure, utilizing blockchain technology to optimize the management and trading of real assets. Founded in Argentina in 2020, the company focuses on two business areas: Agrotoken.platform, the first global commodity digitalization platform, and Agrotoken.labs, which creates tailored solutions for individual clients within the agricultural sector.