Commerce & Retail
AgreCoin (ACN) presents a peer-to-peer solution for trade, payment, and transaction for agricultural products and services used in the production of alcoholic beverages.
A US buyer can eliminate potential fears related to wire transactions or dealing with Mexico’s banking institutions.
The buyer can be assured the producer will not attempt to renegotiate prices and terms, because smart contracts cannot be changed and are accessible by the general public.
The Mexico-based seller will have a measurable contract and an agreed-upon price for delivery.
The seller will have a reliable form of payment, which is subject to scrutiny by the greater community.
Other industry participants will have a basis to form contractual relationships in price terms.
The practice of farmers entering into negotiations with multiple buyers, only to deliver to the highest bidder, will be eliminated via transparency.
Fuego Fino will acquire the necessary assets to become a supplier of last resort for agave, meeting commitments of farmers who do not fulfill their contractual obligations, and provide a better system of conducting business throughout the industry.
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