Agriculture Network & Marketplace

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Our Story
Considering the sorry state of small & medium farmers, we
wanted to empower farmers using technology. We spent
more than two years doing research, meeting hundreds of
farmers and piloting projects before conceptualizing core
the idea.
We have come to the point to believe that the
‘Blockchain Technology’ in Agriculture can be an answer to
some of the pressing issues faced by today’s farmers.
Existing Problems
No Big Data - More than 90% records are kept manual,
faked or tampered (e.g. Indian farm output is 50% less than global average,
because farmers use more fertilizers than actually needed, without testing soil)

No Contracts - Verbal promises, fake contracts, lack of trust

between two parties. Distance, language barrier (To make a deal
with serious buyers from other regions without multiple middlemen)

Delayed Payment - 90% of the time payments are delayed /

defaulted. (Even while delaying, most buyers re-negotiate and pay less)
Block-Chain Solutions
Real Time, Tampered Proof Data- Keeps accurate record of
all farm inputs to analyse further and can be traced back.

Smart Contract - When a transaction occurs, the software

automatically executes set of actions, according to the
specifications in the smart contract, including payments.

Payments & Finance - Real time ‘Escrow’ payment. Less

risk will unlock new financing mechanisms for banks.
Technology Overview
We did architecture and source code evaluation of 28 Open
Source Blockchain projects, some of which were test run for 3
months.
We have deployed a Private Ethereum Blockchain Network
with PoA (Proof of Authority) and CAS (Content Addressable
Storage) since 3rd May 18. We are testing the Smart
Contract deployment and execution on it.
Vision
● Become one of the preferred platform to find farm
products (Mobile first portal just launched)
● Divert portal users to use our products (such as ‘Smart
Contract & Escrow’) - December 2018
● Build one of the largest Decentralised Blockchain network
for Agriculture products - 2020
Management Team
Ashish Lone : Founder & CEO - 19 years of experience in
India, Dubai and California. Executive MBA from Pepperdine
University, Los Angeles.

Ashish Banerjee : Mentor (IAN) / Tech Co-Founder - He

has 30 years of experience in the technology space. 9 years
Oracle Director (APAC IOT STAR).

3 more people of the team cover Software Development, User

support & Tech support
The Market
Total Agri Market Size Global
Year 2015 €6 Trillion

Addressable* Market €8.6 B Size / Year

Hungary's Import-Export with European Countries €5,418,000,000

Europe & India Trade (Coffee, Grapes, Olive Oil & Cashews) €738,000,000

Europe & USA Trade (Olive Oil, Tropical Fruits & Almonds) €2,424,000,000
Total €8,580,000,000

*Selected popular products among Europe-India and Europe-USA

Progress So Far - (Milestones)
- International Marketplace launched (www.karzok.com)
- Blockchain launched - awaiting payment integration
- Partner opportunity - with OTP bank in Hungary
- Revenue - Generating small revenue in B2B Pilot
- ~ 50,000+ of farmers connected through our App &
Association networks in India (www.kheti-badi.com)
Progress So Far - (Media & Awards)
- South Asia Finalist for 'Social Media Empowerment
Award - 2016' under 'Social App'
- All India finalist (top 15) 'Code Next Billion'
by 10000startups, facebook & CNBCtv18 - 2016
- Covered in various local News Papers