The integration is expected to fast-track business scalability and immensely benefit the agriculture sector at the grassroots level
India’s B2B e-marketplace Agri10x announced its integration with Polygon, a leading ethereum scaling solution provider, aiming to give a facelift to the agriculture sector. Agri10x’s AI and blockchain-enabled platform connects farmers with buyers worldwide, whereas Polygon is popularly known for providing ethereum scaling solutions. This integration is expected to fast-track business scalability and immensely benefit the agriculture sector at the grassroots level.
Polygon addresses pain points associated with blockchain without compromising on security. Its key features include compatibility, flexibility, and scalability. Polygon provides complete compatibility with ethereum, which enables developers to adapt quickly. Polygon also employs a wide range of solutions that give users flexibility and scalability with low transaction fees that are a fraction of what standard ETH transactions cost.
Agri10x CTO & co-founder, Sundeep Bose added, “Blockchain is a superior technology that offers transparency, traceability, immutability, and reliability across different synergies in the post-harvest eco-system. This tie-up will enhance our current platform. We are aiming at a faster and more cost-efficient delivery, improve product traceability at the farm gate level and aid access to micro-financing.”
The integration is being seen as part of Agri10x’s broader strategy to seize growth opportunities across different verticals, diversify globally and ameliorate efficiency in the demand and supply chain model too. Apart from India, Agri10x is fast expanding its footprint offshore and making its presence felt across Southeast Asia and the Middle East countries.
