Agri-commodities trading and financing platform on the Blockchain

A peer-to-peer, grain trading, financing and tokenizing marketplace for small and medium-sized traders and farmers.

Subsribe

Cross border payments for grains

Old way

  • Currently payments are effected exclusively in USD
  • While sending and receiving USD, buyer and seller need to convert their local currency, often at Forex +2%.
  • Slow and costly passage through corresponding banks. Sometimes Black / Med seas parties need second (Often EU) corresponding bank.
  • Excessive messaging between banks and different SWIFT processing offices and verification with each message (including passing through SWIFT’s screening&sanctions portal).
  • Often money can be blocked between US corresponding banks, either for verification, or in certain cases for a complete freeze.
  • Manual customer service

Cerealia

  • Parties paying and receiving money in currencies of their choice (local fiat, stablecoins, crypto, etc) Cerealia members will have digital wallets for all currencies, supported by our partners.
  • Significantly more favourable currency exchange rates, in the new future - Forex rates are expected.
  • Atomic exchange (must be performed entirely or not performed at all)
  • Near real-time delivery of payments.
  • Symbolic fees
  • Automated customer service.
  • Lenders' marketplace and Exchanges.

How it works

1

Contract conditions

Parties negotiate contract terms. Once they agree they digitally sign it on a DLT (blockchain). We will provide all functionality to efficiently reach a contractual agreement. Any party can request amendments of the conditions. It will be legitimate only when the other party approves it. The platform will keep the history of all amendments and negotiation flow (encrypted).

2

Cargo documents

According to the conditions, Seller will need to submit cargo documents, to proceed with the trade. Platform will keep track of them and do encryption. Later cargo docs will be submitted directly by the parties which issue them (shipowner, inspection, phyto, etc) to our platform. We are creating a trusted validation process.

3

Asset token

Seller directs his supplier to send cargo tokens (representing his collateral) to the Cerealia Smart-Contract™.

4

Trade finance

Buyer and seller will need to send additional small guarantee in cash to the Cerealia Smart-Contract™. Lender disburses trade finance amount only once, but in fact financing both seller and buyer.

Smart contract

5

Operations

Seller and buyer get the money to finance their operations within this contract. The details are encrypted.

1

Contract conditions

Parties negotiate contract terms. Once they agree they digitally sign it on a DLT (blockchain). We will provide all functionality to efficiently reach a contractual agreement. Any party can request amendments of the conditions. It will be legitimate only when the other party approves it. The platform will keep the history of all amendments and negotiation flow (encrypted).

2

Cargo documents

According to the conditions, Seller will need to submit cargo documents, to proceed with the trade. Platform will keep track of them and do encryption. Later cargo docs will be submitted directly by the parties which issue them (shipowner, inspection, phyto, etc) to our platform. We are creating a trusted validation process.

3

Asset token

Seller directs his supplier to send cargo tokens (representing his collateral) to the Cerealia Smart-Contract™.

4

Trade finance

Buyer and seller will need to send additional small guarantee in cash to the Cerealia Smart-Contract™. Lender disburses trade finance amount only once, but in fact financing both seller and buyer.

Smart contract

5

Operations

Seller and buyer get the money to finance their operations within this contract. The details are encrypted.

In case of disputes and arbitration, Cerealia Smart-Contract™ is an irrevertible and secure trace for audit.

Our Value Proposition

Distributed Ledger Technology

Blockchain removes centralisation of trust by creating a distributed ledger that is not owned by a central authority.

Smart contracts

Remove inefficiencies with smart contracts

Assets tokens

Tokenized cargo for easier trade

Payments

Payments and Trade Finance enabled by Fintech

Hedging

Hedging and market news

New dimension of Brokerage

Moving broking to the next level

Privacy

Watch Cerealia Videos

Pitching our blockchain for grain trade project at Thomson Reuters

Chat with Swithun Still, Deputy President of GAFTA & Director of Solaris Commodities

Discussing blockchain choice for Cerealia with Robert Zaremba

Pitching CEREALIA at InnoPark Suisse, with accent on technology

Cerealia in the Media RUS

Crypto currencies to be a good alternative to USD in grain trading — CEREALIA

June 13, 13:30 APK-Inform

Using the crypto currencies, in near future, for trading operations will permit to move away from USD, declared the Co-founder and CEO at the blockchain grain trade start-up – CEREALIA, Andrei Grigorov at the Panel discussion “Grain trade – 2018: key trends” at the seventeenth international conference Grain & Maritime Days in Odessa on May 24.

APK-Inform on APK-Inform site.

Crypto currencies to be a good alternative to USD in grain trading — CEREALIA

June 13, 13:30 APK-Inform

Using the crypto currencies, in near future, for trading operations will permit to move away from USD, declared the Co-founder and CEO at the blockchain grain trade start-up – CEREALIA, Andrei Grigorov at the Panel discussion “Grain trade – 2018: key trends” at the seventeenth international conference Grain & Maritime Days in Odessa on May 24.

APK-Inform on APK-Inform site.

Crypto currencies to be a good alternative to USD in grain trading — CEREALIA

June 13, 13:30 APK-Inform

Using the crypto currencies, in near future, for trading operations will permit to move away from USD, declared the Co-founder and CEO at the blockchain grain trade start-up – CEREALIA, Andrei Grigorov at the Panel discussion “Grain trade – 2018: key trends” at the seventeenth international conference Grain & Maritime Days in Odessa on May 24.

APK-Inform on APK-Inform site.

Crypto currencies to be a good alternative to USD in grain trading — CEREALIA

June 13, 13:30 APK-Inform

Using the crypto currencies, in near future, for trading operations will permit to move away from USD, declared the Co-founder and CEO at the blockchain grain trade start-up – CEREALIA, Andrei Grigorov at the Panel discussion “Grain trade – 2018: key trends” at the seventeenth international conference Grain & Maritime Days in Odessa on May 24.

APK-Inform on APK-Inform site.

Our Partners

Team

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Distributed Ledger Technology

Blockchain removes centralisation of trust by creating a distributed ledger that is not owned by a central authority.

Distributed Ledger Technology represents — in an immutable way — ownership and transfer of value or property associated to it without an intermediary (what is called trustless consensus). This enables transactions to be able to operate autonomously using programmatic features called smart contracts, that rely on cryptography to perform/validate their purpose (e.g. move around assets, execute agreements) with an unprecedented level of security (distributed systems have no single point of failure).

Smart contracts

Remove inefficiencies with smart contracts

Smart contracts will have the same wording “as per GAFTA”, but the payment will be automatically effected as soon as required digital documents are implemented on the blockchain. Other conditions will self-execute as per pre-agreed terms. No more Letters of Credit will be needed, their more efficient versions will simply be embedded into smart contracts. Obtaining signed contracts won’t take days or weeks as it does today. Buyers and sellers will instantaneously digitally sign contracts immediately after the terms are agreed. Blockchain and smart contracts render transactions fast, efficient, traceable and irreversible, which limits disputes, serves audit and arbitration purposes.

Assets tokens

Tokenized cargo for easier trade

We will propose tokenization of cargo to our customers, which will enable them to quickly match delivery versus payment, transmission of ownership, collateralization and allow easier trade of goods in a liquid digital form. The tokens will reflect the exact specifications of the goods, depending on quality, origin and distance from the most active delivery points. CEREAL tokens will trade on our platform. This will enable price discovery, especially for the unlisted products. It will be backed by grains, therefore equal to e.g. wheat or corn prices. All kind of investors might be interested in this token.

Payments

Payments and Trade Finance enabled by Fintech

Companies in our platform will be able to trade in their preferred currencies (local fiat, stablecoins, crypto, etc). We will enable blockchain based payments in order not to be dependent on USD anymore. Together with our regulated partners we will provide trade finance – much cheaper then using traditional banks outside of the Western world and also in our customers’ preferred currencies. Fintech is a new untapped source of trade finance. Companies will have a constant access to stable-coins to insulate themselves from currency volatility.

Hedging

Hedging and market news

Companies in our platform will be able to trade in their preferred currencies (local fiat, stablecoins, crypto, etc). We will enable blockchain based payments in order not to be dependent on USD anymore. Together with our regulated partners we will provide trade finance – much cheaper then using traditional banks outside of the Western world and also in our customers’ preferred currencies. Fintech is a new untapped source of trade finance. Companies will have a constant access to stable-coins to insulate themselves from currency volatility.

New dimension of Brokerage

Moving broking to the next level

A large share of grain trading is done through the physical market brokers. Brokers with the current biz-done-on the-phone model are basically only fixing the contracts’ prices and slowing the processes. CEREALIA is positioning itself as a new type of efficient broker, providing not only trading but also trade finance and tokenization, all backed by blockchain technologies.