With Aussie farmers facing so many challenges, could the answer be Blockchain technology?
Ranking top 10 at this year’s Overseas Talent Entrepreneurial Conference (OTEC), pitching against 32 other start-ups from around the world, Aussie start-up Agunity are leading AgTech innovation.
Having won the right to represent Australia during Investible’s nation-wide pitch competition, AgUnity took to the OTEC stage last week to pitch their vision to leading VC’s, entrepreneurs and angel investors from China and 28 other countries.
Founded by Brisbane based Agripreneur of the year, David Davies, AgUnity’s vision is to improve the lives of small farmers in developing countries through the use of Blockchain technology, assisting 1 billion low-income farmers around the world.
To further raise the profile of the AgTech start-up in China, AgUnity will now embark upon a three-day start-up tour of China thanks to Investible, paving the way for other Aussie start-ups in the China region.
AgUnity is a philanthropic venture that helps small farmers harness the power of Blockchain for the greater good.
With a vision to improve the lives of small farmers, AgUnity helps farmers retain a greater share of their crop value by putting a simple distributed crypotoledger mobile app into the hands of small farmers.
The transparent digital process levels the playing field for farmers, replacing existing verbal and paper agreements, and creating a circle of trust for small farm co-operatives to track the 50 per cent of crop value that is estimated by the UN to disappear between harvest and point of sale.
AgUnity has already been recognised by major NGO’s and won a range of AgTech awards with product pilots already underway in Africa, Latin America, Indonesia and Papua New Guinea.