Startups of the Year 2023: How GrainChain Is Leveling the Playing Field

Written by grainchain | Published 2023/07/24
Tech Story Tags: startups | startups-of-the-year-2023 | soty-2023 | startups-of-the-year | startups-of-the-year-nominees | tech-interviews | interview | startup-interview

TLDRGrainChain has been nominated in HackerNoon's annual Startup of the Year awards in McAllen, Texas, USA. We are working to level the playing field for producers and all other participants along the global agricultural supply chain by addressing current pain points such as reliability of data, traceability, the speed of payments and access to financing and insurance.via the TL;DR App

Welcome to HackerNoon’s Startups-Of-The-Year interview series. This section is curated by our Editorial team to spotlight bold and disruptive startups across the globe. If you’ve been nominated, create a brand profile and answer these questions here.

Hey Hackers,

GrainChain has been nominated in HackerNoon's annual Startup of the Year awards in McAllen, Texas, USA.

Please vote for us here: https://hackernoon.com/startups/north-america/north-america-mcallen-tx-usa.

Read more about us below to understand why we deserve your vote.

Meet GrainChain

GrainChain is working to level the playing field for producers and all other participants along the global agricultural supply chain by directly addressing current pain points such as reliability of data, traceability, the speed of payments, and access to financing and insurance.

My Role

I am Tom DeRosa, Director of Marketing for GrainChain. I have the privilege of crafting GrainChain’s story and sharing it with the world, from what we do to how we do it and the impact we are making across the global agricultural supply chain.

I’m excited about our most recent campaign: interviews with the producers, lenders, and other supply chain participants that we work with. There are real people and real world success stories behind our impressive technological innovations.

How We're Disrupting/Improving the Agricultural Industry

We’re bringing the technological tools that large-scale producers use and making them available to small to medium-sized producers.

GrainChain is working to take an industry that is still relying on paper and labor-intensive practices and move it toward a productive, sustainable future, helping producers, buyers, storage operators, lenders, and other supply chain participants around the world.

Our software ecosystem solves problems for all participants at every stage of the supply chain, providing better visibility, efficiency, and data. We are not merely aggregating data but generating it, and the reliability of this data allows us to open up new opportunities in the marketplace.

Standing Out from The Crowd

We are unique because we are not creating solutions in search of a problem.

We’re not building blockchain and IoT-driven solutions because that technology is popular and draws attention–we are constantly seeking out the best technology and approaches available to solve real-world problems faced along the agricultural supply chain.

More importantly, we are applying these technologies the right way.

Each solution we have built solves a specific problem that producers, buyers, lenders, storage operators, and other supply chain participants are facing in markets around the world.

We believe no one is really tackling supply chain efficiency, traceability, and liquidity in the holistic way we are, connecting all participants through a single point of truth.

Our Predictions/Thoughts on the Agricultural Industry in 2023

Automation and digitization of processes at each stage of the supply chain will continue to ramp up in 2023, meaning more reliable, real-time data can be captured, stored, and made available to all stakeholders.

This data is key to lowering risk and providing producers with more and better financial options from loans to insurance.

AI is going to be transformative in this industry as it is across all industries. AI can help supply chain participants identify anomalous data and solve problems more quickly.

It can enhance predictive analytics and forecasting so that producers can make their operations more efficient and get better prices in a highly volatile marketplace.

As with many industries, there will be a shift away from proprietary hardware and heavy investments in infrastructure toward cloud computing and mobile apps that allow producers, storage operators, and logistics providers to more quickly and easily integrate technology into their operations.

We’re in an age of amazing advancements in technology, but the key is applying the right technologies in the right way to truly impact the agricultural supply chain.

What word defines the state of agriculture in 2023?

Sustainability is the keyword for the agricultural supply chain in 2023. From multinational conglomerates to smallholder farmers, everyone is looking at how to build a more sustainable supply chain both to protect our food, the environment, and their bottom lines.

The world needs a more efficient, sustainable agricultural supply chain to provide the food we all need. Thus, the green revolution, regenerative agriculture, circular economies, and sustainability are all focus points in our industry.

Making farm operations more productive is one step in the right direction, but producers will also need a reliable way to provide provenance data and proof of certifications for sustainable practices.

Ultimately, we need to help producers make their operations financially and environmentally sustainable.

Producers can sell their commodities at a premium if they use sustainable practices and provide traceability, creating an incentive for the marketplace to increasingly move towards sustainable agriculture.

Why we decided to participate in HackerNoon's Startup of the Year awards

We see ourselves reflected in the HackerNoon community–a diverse group of entrepreneurs, engineers, project managers, and marketers interested in the most novel and innovative uses of technology to solve the world’s problems.

We would be honored to be recognized by the community as the best startup in our city.

Final Thoughts

GrainChain has been making a real-world impact for producers, buyers, storage operators, drivers, lenders, insurers, and all participants along the global agricultural supply chain.

We have been able to continually evolve and scale our solutions in a relatively short period of time, which we believe makes us worthy of a nomination for Startups of the Year for 2023.

Vote for us today! https://hackernoon.com/startups/north-america/north-america-mcallen-tx-usa


Written by grainchain | Leveling the playing field for all agricultural participants through technology, innovation, and financial inclusion.
Published by HackerNoon on 2023/07/24