August 16, 2022 - 4 min read
SupraOracles is delighted to announce a partnership with AgriLedger. AgriLedger offers cutting-edge tools for agricultural supply chain participants.
AgriLedger is the premier network that empowers everyone in the agricultural supply chain by enhancing efficiency, generating new revenue opportunities, and offering equal access to financial resources. They aim to use blockchain, IoT and AI to boost transparency, traceability, and trust throughout the agricultural value and supply chains.
Through this partnership with SupraOracles, AgriLedger intends to combine oracles with their smart contracts, which can integrate dynamic external data into their chain without compromising the network’s integrity. In addition, SupraOracles’ oracle service will enable their application to respond to real-world events and interoperate with traditional systems-of-support interoperability across chains. Furthermore, our oracle service will allow AgriLedger smart contracts to communicate commands to off-chain systems that cause them to carry out specific actions.
SupraOracles will help AgriLedger incorporate hybrid smart contracts that can enable advanced forms of economic and social coordination. They will leverage secure off-chain oracle services to achieve new capabilities such as scalability, confidentiality, order fairness, and connectivity to any actual data source or system.
Genevieve Leveille, CEO, and Founder of AgriLedger, commented:
“We are interested in learning more about how technology might improve agriculture in the future. SupraOracles will provide us with the oracle services necessary for smart contracts. We have to revolutionize the agricultural supply chain by integrating blockchain.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“AgriLedger is empowering the agriculture industry, so we are ready to help them with all the data and oracle services that they need. In a time period when efficient food systems are becoming more and more important for the wellbeing of humanity, we are glad to take part in improving the agricultural supply chain using blockchain and distributed ledger technology.”
SupraOracles combines traditional financial markets with Web3. Our goal is to provide a powerful cross-chain oracle to the developer community. SupraOracles enables interoperability smart contracts to guarantee the future of financial markets by integrating real-world data into public and private chains. The ability to create, deploy and manage data applications that are faster, more agile, and more resilient is also provided by this technology.
AgriLedger was founded in 2016 to eliminate non-contributing parties and ensure that collaboration between farmers and vital service providers enables direct market access. Using DLT (Distributed Ledger Technology) and smart contracts, they collaborate with financial institutions to manage, record, and implement contract information that provides working capital facilities to communities in a secure manner.
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