Agricultural CeDeFi: Dimitra Incorporated ($DMTR) is entering the agricultural lending and insurance market. Making micro loans available to 570 million small holder farmers around the world through Dimitra’s proprietary agricultural management platform.
According to the World Bank. The food industry is the largest sector of the global economy, comprising 10% of the world’s economic output. To date, only a few Crypto and DeFi applications provide services into the agricultural lending, insurance, and management space. Dimitra is driving change in this space, first with its Dimitra Connected Farmer app, second with its Livestock and Genetics Management, and now with Dimitra’s newly released SaaS model.
comments, “utilizing a CeDeFi strategy to provide capital and insurance to operations in the agricultural industry provides farmers access to new avenues of funding. And also enables Ag-based centralized financial institutions to make an entry into the crypto market and share the risk and rewards by combining exciting new crypto concepts and solutions that accelerate the world’s largest economic sector and also provide new opportunities globally. We are very excited to partner with leading DeFi lending and insurance companies and provide these solutions to the people who need them most.”
Dimitra currently has teams on the ground in 68 countries and can provide these CeDeFi lending and insurance solutions to hundreds of millions of farms. The Dimitra Platform offers innovative risk management capabilities through satellite, drone, IoT sensor, farmer observation (photographs and measurements), and analysis. Dimitra also monitors farm performance and provides real time data driven recommendations to farmers. With the goal of increasing yields, reducing costs, and mitigating risks. Satellite analysis of previous years’ crop performance is available going back 20 years which can aid in assessing loan risks.
Dimitra’s SaaS platform has been created and developed through an discovery process with governments and NGOs across the world. This collaborative approach coupled with testing has led Dimitra to secure contracts with farm associations globally.
By using Dimitra CeDeFi mechanisms, farms and lending companys will explore innovative and modern financial lending and borrowing solutions while meeting regulatory, compliant, and conventional financial standards.
Farming (i.e., Crop and Livestock)
Supply Chain Management, and
These types of loans will allow small holder farmers to collateralize their crops by securing a loan with crop certificates.
These loans will be under pinned by the Dimitra Token ($DMTR). Also, $DMTR token staking provides financial yield opportunities to participants in the rapidly growing world of decentralized public crypto economics.
Dimitra’s My Finance module, which is part of the Connected Farmer Platform. Automates the loan management process and speeds up the process for farmers to get loans who need them the most. In early 2022, Dimitra will announce partnerships with several crypto companies that will supplement these financing processes. Conceptually, farms will secure micro loans with crop certificates or purchase CeDeFi funded insurance policies to offset risk.
New Horizon Building, 3-1/2 Miles Philip S.W. Goldson Highway, Belize Cityinfo@dimitra.io