GrainChain Plans Global Expansion Using Symbiont’s Enterprise Blockchain Platform

GrainChain, the blockchain platform for the agricultural business ecosystem, plans to globally expand and scale its operations by moving to the Symbiont enterprise blockchain platform, Assembly. Assembly provides the robust privacy features, and seamless scalability GrainChain needs to meet the demands of their current and future markets.

With established operations in TexasHonduras, and Mexico, GrainChain plans to rapidly expand its value proposition to the numerous countries whose agricultural economies could benefit from better technology. GrainChain uses smart contracts to empower low-income farmers with accelerated payments, which may be critical for struggling farming businesses. Previously on Hyperledger Fabric, GrainChain needed to move to a more scalable network with full enterprise-level support that would allow for easier global growth.

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“Our mission has always been to help support farmers around the world,” comments Luis Macias, Chief Executive and Founder of GrainChain. “By pulling the agriculture supply chain onto blockchain technology, we’re helping every participant in that ecosystem — from farmers to bankers to grain elevators — get fairer value, faster payment and a bigger participant pool. We cannot be constrained by technology — which is why we moved to the Symbiont network. Symbiont is the blockchain engine that will help power our global vision.”

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