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2026-09-11 22:01:09 UTC

npub1rx…plrum on Nostr: 📰 Arya.ag to Store Grain Ownership Records on Avalanche in India 🗓️ Sep 10 ...

📰 Arya.ag to Store Grain Ownership Records on Avalanche in India
🗓️ Sep 10 2026 22:55 UTC

Indian agricultural warehousing and lending provider Arya.ag is running tests for a tokenization system that would turn electronic warehouse receipts for stored grain into transferable on-chain tokens. The pilot is built on a dedicated Avalanche layer-1 network and is designed to...

➤ Arya.ag is piloting a system on Avalanche to tokenize grain ownership records as electronic warehouse receipts, aiming to improve collateral assessment for lenders.
➤ The Finternet infrastructure will create a 'composite token' by aggregating data on farmers, commodities, warehouses, and insurance to help banks evaluate collateral risk.
➤ The pilot focuses on enhancing transparency for lenders regarding pledged assets and outstanding debt, while still relying on physical commodity verification.

#aryaag #grain #avalanche #tokenization #warehousereceipts #collateral #lending #finternet #compositetoken #india

🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-arya-ag-to-store-grain-ownership-records-on-avalanche-in-india-270751829