How AGRIPRENEURS Started

Ciel Recuerdo, a postgraduate student in the Blockchain Development Program at George Brown College, is the visionary behind AGRIPRENEURS. The idea for her startup emerged after she learned from her cousin in the Philippines about how intermediaries manipulate market prices. Her cousin, who employs farmers in his construction business, revealed the extent of this market distortion.

Motivated by these insights, Ciel conducted extensive research and interviews with rice mill owners, farmers, and traders, uncovering another critical issue: a lack of transparency in rice procurement.

Leveraging her professional experience in B2B e-procurement, payments, microservices, and systems integration, coupled with her knowledge and skills in blockchain technology, Ciel has been instrumental in developing innovative solutions and architecture to address these challenges effectively.

JV Escalante, also a postgraduate student in Blockchain Development Program at George Brown College, was inspired by Ciel's stories, and was onboarded at AGRIPRENEURS to provide support in creation of her platform. He aims to provide support through these rice mill owners and farmers who are manipulated by these intermediaries.

Mission & Vision

Our Mission

At AGRIPRENEURS, our mission is to solve the lack of transparency and price manipulation that farmers and rice mills go through by decentralizing the rice procurement processes. Ensuring fair pricing, and promoting transparency in transactions from farm to market is our main objective and we are committed to using blockchain technology to eliminate the exploitation of farmers by intermediaries and create a more equitable Agri-FinTech system.

Our Vision

We envision a future where every farmer has direct access to fair market prices, free from manipulation and corruption. Through our platform, we aim to create a transparent and just agricultural market that benefits both producers and consumers, fostering sustainable development in rural communities.

Features

  • Rice Procurement process is stored on the blockchain

    To provide transparency and immutability of procurement records

  • Real-Time Commodity Market Prices

    Private oracle that fetches rice commodities price feeds on different premium data providers

  • Virtual Payment Solution with 3DS2.0

    Network tokenization with 3DS2 to prevent fraudulent transactions

  • Market data, Trends, Supply and Demand Matches and Forecasting Tools

    To provide insights to rice farmers, rice mills and rice importers

  • Accounting and Inventory Systems Integration


    To streamline the accounts payable reconciliation process of the finance department

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