Russia is considering using cryptocurrency for grain exports to streamline trade and payments.
The Agricultural Bank of Russia is exploring blockchain technology as a faster alternative to traditional banking systems for agricultural transactions.
The adoption of blockchain in agriculture signals a digital shift in global trade policies, potentially facilitating faster and more efficient payments for Russian farmers.
This move could allow Russia to increase the use of cryptocurrency in major agricultural sales, potentially attracting partnerships from other countries looking to streamline payments in the agricultural sector.