The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 9-15, with live updates throughout.
By Bradley Keoun
Nov. 16: Agrotoken, the first global tokenization infrastructure for agricultural commodities, has announced its plans to launch on Polkadot, to enable seamless tokenization of agricultural commodities.
According to the team: “Visa-backed Agrotoken is to build a Polkadot parachain that tokenizes soybeans, corn and wheat.
Agrotoken issues stablecoins with collateral in grains and food, and the value of each token reflects the price of its respective commodity – soybeans, corn or wheat.
With this, farmers, businesses and financial institutions can easily trade, save, invest and transact with Agrotokens at any Visa point-of-sale
This article was first published on:
https://www.coindesk.com/tech/2023/11/08/protocol-latest-tech-news-crypto-blockchain/
