About AgriNovus Coin
Overview and Vision
BlockGrain (AgriChain) is a simple-to-use, secure, independent software solution that automates the sharing of information across all major commodity supply chain participants. BlockGrain’s vision is to be the largest industry-wide platform for managing the agricultural supply chain; connecting sellers and buyers, providing full paddock-to-plate traceability and allowing bulk logistics companies to manage and grow their operations.
Development and Features
BlockGrain is the culmination of two years of design, development, testing, and refinement. BlockGrain 1.0 has been used in the industry for two harvests, enabling users to manage and control their stock. With the upcoming release of BlockGrain 2.0, an enhanced set of product features will expand BlockGrain’s presence in the Australian domestic market and provide a real-world solution to improve the agricultural supply chain.
Global Expansion and Blockchain
To expand the system globally, BlockGrain will leverage the power of blockchain technology to enhance supply chain tracking and automation, improve information and data, de-risk contracts and provide proof of origin information.
AGRI Token Utility
The AGRI token is an exchange-traded utility token which can be used to pay for AgriChain system access through a Payment Gateway. Where a transaction fee is to be paid in AGRI tokens, users will be charged at the time of transaction. Users will be required to hold a minimum balance of AGRI tokens to ensure system transactions can be completed. AGRI tokens collected by AgriChain as revenue may be sold to the open market to realise a profit.