BlockGrain partners with Clear Grain Exchange

Friday, 15 June, 2018

BlockGrain partners with Clear Grain Exchange

Clear Grain Exchange and BlockGrain, an Australian agriculture and technology start-up, are working together to allow farmers who have on-farm storage to market their grain.

BlockGrain helps farmers track their commodities from paddock through to the consumer using blockchain technology. This allows for the recording and storing of millions of transactions which are securely protected in one single computer network, providing consumers with trustworthy data about the supply chain.

“BlockGrain’s on-farm storage application is the first of its kind and establishes data integrity for grain stored on-farm. By linking it with a trusted platform like Clear Grain Exchange, our customers can access an open network of buyers in Australia to ensure they achieve true value for their commodities,” said Caile Ditterich, CEO of BlockGrain.

“We are very excited to be working alongside the best in the business. Clear Grain Exchange have a track record of returning value to farmers by operating an open and independent exchange where all buyers can purchase grain direct from farmers. This sits well with our ethos, which is to return as much value to farmers as we can.”

Clear Grain Exchange is Australia’s largest online grain marketplace, and Managing Director Nathan Cattle said the collaboration will help the company address consumer requests to trade grain stored on-farm. He continued by stating that BlockGrain’s applications fit well with their exchange technology.

“Integrity around grain data is important for participants to have confidence in what they are buying and selling on an electronic exchange.

“BlockGrain are a young and dynamic business looking to solve the gap of accurate information for grain stored on-farm, which is something we are motivated to support.”

While BlockGrain was initially developed for the grain industry, it has also recently partnered with West Virginia’s Mountain State Brewing Company to track where beer comes from.

Top image: BlockGrain's Caile Ditterich and Clear Grain Exchange's Nathan Cattle.

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