AgridexA global market for agriculture, launches SoilA new generation payment platform to transform cross-border transactions in the agricultural sector. LOAM uses digital payments powered by stablescoins to provide fast, low cost and reliable regulations. It targets a volume of transactions of $ 40 million by the end of the year.
Traditional systems, dependent on banks and intermediaries, often loads agricultural businesses with slow establishments and high costs. For each tonne of cocoa shipped from Nigeria to Rotterdam, around 12.6% of the total cost of trade is spent on transaction costs, taking weeks to treat payments. This directly affects the price and availability of food and farmers.
Loam disrupts this model, making cross -border payments accessible to farmers, producers and merchants. It eliminates financial bottlenecks and allows world payments and the automated treatment of invoices. LOAM regulates transactions in less than 5 seconds with costs of less than 0.5%, which allows agricultural companies to lie down more quickly and more efficiently.
“”Agriculture is one of the few industries in which each country actively participates, whatever economic or political differences. Unlike other products, agricultural products are universally negotiated because food security is a global priority. LOAM guarantees that its solution is relevant and largely applicable and allows transparent cross -border transactions, helping producers, traders and buyers to operate more effectively. Better payments mean a stronger food supply chain,– said Henry Duckworth, CEO and founder of Agridex.
Designed to be user -friendly, LOAM offers an intuitive experience so that farmers can deposit, withdraw and transform by using simple interfaces and security -based security – no technical expertise is required. LOAM supports multi-money payments and guarantees that all transactions occur in a secure and verified user network, creating a trusted environment for small farmers and traders.
About Agridex
Agridex Create a transparent, transparent and profitable global market for agriculture. It has teamed up with some of the largest producers and food traders in the world and in token involving wine, olive oil, cocoa, coffee and livestock. By taking advantage of the Solana blockchain, Agridex allows transparency of inexpensive and instantaneous supply chain throughout the agricultural value chain. The company has raised $ 9 million from the main investors in the industry, including Portal Ventures, Endeavour Ventures and its customers. For more information, please visit
