Blockchain Technology in Food Industry Blockchain Technology in Food Industry | Page 6

Capital Access seems to be a great barrier for smallholders of land and find it difficult to get money
through traditional fund accumulate methods like loans. Lack of documents, history of credits, and other
issues make it hard for the farmers to accumulate fund.
One great solution that can curb all these challenges is the introduction of tokens.
The ICO expanded as Initial Coin Offering, will help to generate funds by introducing tokens. Many
companies have already started introducing token sale for the farmers to make fund. Agrocoin is one
among the example. The coin took birth in Mexico envisioning extension of support towards
agribusinesses across the Americas.