| Developers: | White Cottage Pharming |
| Date of the premiere of the system: | 2019/08/14 |
| Branches: | Internet services, Agriculture and fisheries |
| Technology: | SCM, SRM - Supplier Relationship Management, Trade Automation Systems |
Content |
GrainChain is a digital marketplace for grain market participants. It is a B2B ecosystem for trading and logistics operations in the grain and oilseed market. The goal of the project is to increase the speed and convenience of transactions, as well as the level of trust between participants. The service allows you to search for suitable goods and partners according to the specified parameters, check the reliability of counterparties, monitor demand and supply for products/services online, and much more.
2022: Partner of the Sberbank blockchain service for settlements between counterparties with smart contracts
Sberbank has launched a settlement service between counterparties on a blockchain platform with the ability to use smart contracts to conclude transactions. Representatives of Sberbank announced this to TAdviser on June 15, 2022. The first partner of the service was the digital trading platform GrainChain from the Belaya Dacha Group of Companies. Read more here.
2019: Digital marketplace launch announcement for grain market participants
On August 14, 2019, it became known that the first digital trading platform for grain market participants would be launched in Russia. It was called GrainChain, launch is expected by the end of August 2019 in Tambov. This was reported by TASS with reference to the general director of the Belaya Dacha Pharming company Artem Belyaev.
As reported, the agreement on the launch of the marketplace was signed in June 2019 by the authorities of the Tambov region, APIBank and the Belaya Dacha group of companies. The service is developed by Belaya Dacha Pharming Group of Companies.
The service will be intended for both the regional and all-Russian grain markets. According to Belyaev, the launch of the site is expected in about ten days. The marketplace already has about 500 participants - they will be informed about the start of its work so that they take part in testing. Among them are mainly elevators, ports and large farms.
According to Belyaev, the authors of the project plan to increase the number of marketplace users to 10 thousand within a year. In total, approximately 160 thousand companies and individual entrepreneurs operate on the Russian grain market.
The task of the service is to optimize the export of grain, in connection with which the support of the languages of key importing countries will be implemented on the site. As Belyaev explains, the marketplace will enable grain market participants to conclude transactions without leaving their homes.
Users of the service will be able to choose the right product for them according to several criteria, such as price, quality and gluten grain, for this it is enough to set the necessary parameters. The marketplace itself will be engaged in transportation, paperwork and mutual settlements. He also guarantees that the parties will fulfill their obligations.[1]
Notes
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