Blockchain Platform to Set up a Tokenization Solution for Argentinean Farmers as Peso Keeps Plummeting
With Argentineans facing rising inflation to near 40%, solutions appear to contain the impact on national farmers. A business blockchain platform is partnering with a peer-to-peer (P2P) marketplace to launch a program to tokenize Argentina’s agriculture.
More Than 40% of the World’s Soybean Oil and Soy-Meal Production Comes From Argentina
According to an announcement shared with news.Bitcoin.com, Coreledger will work with Abakus to set up a “digital barter economy” in Argentina.
The project consists of enabling farmers to tokenize their agricultural assets to seek a hedge against rising inflation. It can be possible by accessing liquidity via certified titles through national and international investors, said Coreledger.