Fintech at the service
of Italian agri-food
The token economy for an agri-food market transparent, efficient and accessible to all.
Sicilian Wheat Bank's Fintech Project intends to create an ecosystem centered on non-perishable agri-food products, through three stages.
A digital market for agri-food products, made or to be made
Producers and users can directly exchange agri-food products, thanks to a digital platform that allows them to compare prices and conditions of sale in total transparency, as well as propose a counter-offer.
Affiliated carriers make logistics more efficient for producers and users, extracting greater value from their fleet.
An application of the token economy to the agri-food market
Blockchain technology, through special smart contracts, allows the agri-food products and production plans present on the Digital Marketplace to be transformed into immutable and secure Non Fungible Tokens (NFT), laying the foundations for exchanging them with other goods and services.
A Fintech ecosystem, with agri-food products at the centre
The development of an e-procurement solution makes it possible to purchase goods and services offered by platform participants, freely choosing whether to pay with fiat currency or through NFTs.
Users can apply for cashless loans and obtain goods and/or services, repaying the loan when selling their NFTs.