Photo - Digital Village
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Digital Village

Georgia
Market: Logistics and warehouses, Farming, Blockchain
Stage of the project: Operating business

Date of last change: 01.08.2022
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Idea

The platform uses smart contracts to ensure the trusted and transparent connections.

Current Status

The platform has been available in test mode since November and was launched at full capacity on May 15 this year. So far we have received several applications which are being processed.

Problem or Opportunity

Access to finances and proper logistics are main challenges for small farmers In developing countries.
As a result we get raised cost and inconsistent products.

Solution (product or service)

Digital Village is a hybrid of fintech, agritech and Greentech platform that connects land owners, farmers, Logistic companies, capital owners and multi-sectoral entities with each other through innovative approaches. The platform uses smart contracts to ensure the trusted and transparent connections between the portal and stakeholders.

Business model

Who will have the finances will be able to, for example, activate a ‘’strawberry smart contract’’ and get the product at a much lower price a few months earlier before harvest.
Holders of such intangible assets - tokens - will have the opportunity to make barter or other speculative transactions.
The token on our platform is a hash registered in the distribution system and is connected to a traceable supply chain, which allows customers to transparently monitor all stall stages of product development.

Team or Management

Incubation/Acceleration programs accomplishment

Workshop by UNDP Accelerator Lab - Future Agro Challenge Georgia
Impact HUB Tbilisi - Pre-acceleration program
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
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Finance
Invested in previous rounds, $
Business model
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Team or Management
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Incubation/Acceleration programs accomplishment
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