Blockchain Firm Join Hands with the Indian Government To Cut Middlemen in Agri Business

Indian digital giant Tech Mahindra unveils the country’s first blockchain protocol

By Staff Writer

Agri10x, an artificial intelligence and blockchain-enabled agri global e-marketplace, has said it has entered into a partnership with the government to help farmers directly sell their produce in the market by getting rid of middlemen, according to Indian newspaper Business Standard.

This landmark partnership will give Agri10x exclusive access to the government’s 5 lakh common service centres (CSCs) across India.  Village-level entrepreneurs (VLEs) would help farmers register on the Agri10x platform and help them sell their produce directly through CSCs, the newspaper said quoting pres release.

“The Indian farmers have been the unsung heroes of the Indian economy and we wanted to ensure that they get an easy access to a global marketplace to sell their produce directly, without any middlemen. Our aim is to ‘Connect Local Farmers with Global Buyers’ that would not only increase their income levels but will also massively boost employment in the agriculture industry,” Agri10x CEO Pankajj Ghode said.

Agri10x CTO Sundeep Bose said this platform will help farmers understand the actual value of their yield and get a fair price of their produce directly from local as well as global buyers.

“After Maharashtra, we are now looking at expanding our services pan-India and expect to onboard more than 30 lakh farmers by December 2020. We would ensure end-to-end services to the farmers even after the post-harvest season,” Agri10x COO Abhijith Naraparaju said.

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