AgriDex's newest product, Loam, is a USD-backed stablecoin payment rail designed to cut settlement times, reduce transaction costs, and bring more transparency to cross-border agricultural transactions.
Loam allows exporters to manage payments, process invoices, and complete trades with ease using a web-based platform.
AgriDex aims to address the challenges in global agricultural trade by digitizing contracts and offering easier payment solutions.
By utilizing blockchain technology and smart contracts, Loam enhances trust, mitigates risk, and provides an opportunity for blockchain-based credit in the agricultural industry.