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Arya.ag Puts India’s $2B Grain Network Onchain
The system links grain, warehouse and loan data so lenders can verify collateral risk, while Arya.ag handles about $1.26 billion in annual loans.
Arya.ag is using an Avalanche-based ledger to record grain deposits, warehouse receipts and loans across its $2 billion crop network.
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Cryptocurrency News | Cryptocurrency Prices | Market CapArya.ag puts India’s $2B grain network onchain
Arya.ag is using an Avalanche-based ledger to record grain deposits, warehouse receipts and loans across its $2 billion crop network.
Indian agri warehouse giant is putting $2 billion in grain-backed loans onchain
·New York, United States
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System connects grain deposits, warehouse receipts and loan status on the AvalancheArya.ag network test on the Avalanche tokenization of warehouse receipts used as warranty
Arya.ag Tests Tokenized Grain Ownership Records on Avalanche - Invest In Crypto News
Indian agricultural warehousing and lending company Arya.ag is testing a system to tokenize warehouse receipts for stored grain on a dedicated Avalanche layer-1 blockchain. Arya.ag is working with Finternet to connect grain deposits, warehouse receipts, collateral commitments and loan status through the network. Devika Mittal, Ava Labs’ head of India, told Cointelegraph that testing was […]
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