not approved
P2P, P2B, and B2B agricultural dApp on Cardano Blockchain for LATAM
Current Project Status
Unfunded
Amount
Received
₳0
Amount
Requested
₳100,000
Percentage
Received
0.00%
Solution

Utilize Cardano blockchain for a versatile peer-to-peer, peer-to-business, and business-to-business platform for suppliers and farmers, fostering secure, transparent, and efficient transactions.

Problem

In Latin America, agricultural trading inefficiencies and lack of transparency lead to lack of fair trade, food insecurity, and trust issues between buyers and sellers

Agriculture_Final-ee10db.jpg

Impact Alignment
Feasibility
Value for Money

Team

2 members

P2P, P2B, and B2B agricultural dApp on Cardano Blockchain for LATAM

Please describe your proposed solution

Our proposal aims to address the pervasive issues of farmer trading inefficiencies and food insecurity in Latin America using Cardano blockchain technology. The problem arises from a lack of transparency, fairness, and trust within agricultural supply chains. We believe that Cardano blockchain offers a comprehensive solution to these challenges by providing transparency, efficiency, and trust in agricultural transactions.

Our approach involves implementing various innovative solutions leveraging Cardano blockchain technology. Firstly, we'll deploy blockchain-based supply chain solutions to trace agricultural products from farm to fork, ensuring consumers can verify product authenticity, quality, and origin, reducing the risk of counterfeit goods and enhancing food safety. Utilizing smart contracts on the Cardano blockchain, we'll automate fair trade agreements between farmers and buyers, guaranteeing transparent and secure transactions, and reducing exploitative practices in agricultural trade.

Developing decentralized marketplaces on the Cardano blockchain will enable direct connections between farmers and buyers, eliminating intermediaries and lowering transaction costs, resulting in better market prices and increased profitability. This enhances peer-to-peer (P2P), peer-to-business (P2B), and business-to-business (B2B) capabilities within the agricultural ecosystem, fostering efficient and transparent trade relationships.

Additionally, our team will research the feasibility of adding (in the MVP stage) the tokenizing agricultural assets like land, crops, and livestock on the Cardano blockchain which will unlock liquidity for farmers, enabling investment in farming activities and increasing productivity and income. By leveraging Cardano blockchain-enabled data analytics, farmers can gather and analyze crucial agricultural data, empowering informed decision-making and leading to improved productivity and resilience to climate change. Facilitating financial inclusion through Cardano blockchain-based financial services like digital wallets and micro-loans empowers smallholder farmers, enabling effective financial management, investment in technology, and risk mitigation. This, in turn, leads to higher payments to farmers for their produce, reducing food waste and providing more income to empower farmers economically.

Fostering collaboration among farmers, researchers, and technology developers ensures the co-creation of contextually relevant blockchain solutions on the Cardano platform, promoting scalability, sustainability, and effectiveness in addressing food insecurity and economic development. Our solution is unique in its holistic approach to address the root causes of farmer trading inefficiencies and food insecurity, benefiting farmers, consumers, and stakeholders in the agricultural ecosystem by promoting transparency, efficiency, and trust. This aligns with Cardano's ethos of decentralization, transparency, and inclusivity, ultimately fostering a more sustainable and resilient agricultural ecosystem in Latin America.

Screenshot-2024-05-12-at-2.52.26PM-da7c17.png

  1. Farmers: They can register and upload the list of products they possess.
  2. The client: Registers and can make purchases through the platform.
  3. Core: For farmers who lack technological capabilities, the project proposes a "collection" of products, where the project acts as an intermediary between the farmer and the client. An auction and bidding system will be created so that clients and farmers can engage in peer-to-peer (P2P) trade.
  4. Blockchain: Transparency will be provided through activity recording on the Cardano blockchain.

P2P Trade: The implemented mechanism consists of auctions/bids, allowing farmers to publish their produce for direct purchase by a client or for a client to publish their need, prompting producers to competitively bid for the trade.

Screenshot-2024-05-12-at-2.53.07PM-ef3262.png

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Please define the positive impact your project will have on the wider Cardano community

The success of our project promises to be a beacon of innovation within the Cardano community, showcasing the transformative potential of blockchain technology in addressing real-world challenges. To measure this impact, we'll implement a multidimensional assessment approach. Quantitatively, we'll track metrics such as the expansion of user base, transaction volume, and economic indicators like increased revenue for farmers and reduced food waste. Qualitatively, we'll solicit feedback from stakeholders, capturing their experiences and perceptions of the platform's efficacy in enhancing transparency, efficiency, and trust in agricultural transactions.

Our commitment to sharing outputs and opportunities from the project extends beyond conventional means. We'll leverage Cardano's robust community networks, organizing dedicated workshops and seminars to disseminate insights, best practices, and success stories. Through interactive forums and online communities, we'll encourage dialogue, collaboration, and co-creation, fostering a culture of innovation and knowledge exchange within the Cardano ecosystem. By nurturing a vibrant ecosystem of blockchain enthusiasts, developers, and stakeholders, we aim to catalyze further innovation and adoption, propelling Cardano to the forefront of sustainable development and social impact initiatives globally.

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Capabilities: Currently our team members have been working on completing projects like F7 dTeach dApp Ayllu. The technical aspects of the F7 Grow Latin America project likely involve the development of a decentralized edtech platform using Cardano's blockchain technology. This would include aspects such as smart contracts for secure transactions, decentralized storage for content, identity management, and possibly integration with other blockchain protocols for scalability and interoperability. Additionally, there may be considerations for user interface design, backend infrastructure, and data privacy and security measures.(<https://projectcatalyst.io/funds/7/f7-grow-latin-america-grow-cardano/new-d-edtech-platform-for-latam>)

Our team is also working on a F11 Blockchain Voting System dApp. The technical aspects of the proposed Cardano blockchain voting system include the development of smart contracts to facilitate secure and transparent voting processes. This involves creating a decentralized network where each participant can securely cast their votes, which are then recorded immutably on the blockchain. Features may include cryptographic protocols for voter authentication, encryption for ballot secrecy, and mechanisms for tallying and auditing votes.(<https://projectcatalyst.io/funds/11/cardano-use-cases-concept/blockchain-voting-system>).

in terms of fund management are team is dedicated to trasnperency and has worked with F6, F7, F8, and F11 projects managing funds between 5-figure and 6-figure.

Our team also has extensive experience in community engagement and event management is evidenced by our successful organization and hosting of 24 events through our F7 project. These events have provided valuable opportunities for knowledge-sharing, networking, and collaboration within the Cardano community. For more information about our past events and their outcomes, please visit the following link: <https://projectcatalyst.io/funds/7/f7-grow-latin-america-grow-cardano/networkingeducation-latam>

Our team even successfully completed projects such as the F8 Documentary, show casing Cardano to the world through real world project (<https://projectcatalyst.io/funds/8/f8-film-media-fam-creatives-unite/documentary-south-america>)

Our proposal aims to tackle the entrenched issues of farmer trading inefficiencies and food insecurity in Latin America using Cardano blockchain technology, presenting a feasible and transformative solution. Leveraging our expertise in blockchain development and smart contract implementation, we are poised to seamlessly integrate blockchain technology into agricultural supply chains. Through thorough market research and active engagement in the Cardano Community, we ensure our solution meets regulatory compliance and user needs. Our approach involves deploying innovative solutions such as blockchain-based supply chain tracing, automated fair trade agreements via smart contracts, decentralized marketplaces, asset tokenization, data analytics, and financial inclusion services. By fostering collaboration among stakeholders, we ensure scalability and effectiveness in addressing food insecurity and economic development, aligning with Cardano's ethos of decentralization and inclusivity. With careful planning and execution, our holistic approach promises to bring transparency, efficiency, and trust to the agricultural ecosystem, ultimately benefiting farmers, consumers, and stakeholders while showcasing Cardano's capabilities.

What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1: Months 1-2

Milestone Number: 1

Milestone Title: Planning

Milestone Outputs:

  • Project scheme, definition of macro tasks and detailed tasks.
  • Detailed system architecture and selected technologies.
  • Interface design.
  • Definition of farmer needs.

Acceptance Criteria:

  • The project scheme and definition of macro and detailed tasks are clearly established and understandable.
  • The system architecture and selected technologies are detailed in documentation and provide a solid foundation for the project's future development.
  • The interface design aligns with specified design requirements and is functional for end users.
  • Clear and precise farmer user stories.

Evidence of Milestone Completion:

  • Project roadmap.
  • Architecture design.
  • Farmer user stories (recorded and uploaded to community)

Milestone 2: Months 3-5

Milestone Number: 2

Milestone Title: Developer

Milestone Outputs:

  • Creation of the farmer component.
  • Creation of the client component.

Acceptance Criteria:

  • Farmer component aligns with user stories.
  • Client component aligns with user stories.

Evidence of Milestone Completion:

  • Frontend and backend of the farmer component.
  • Frontend and backend of the client component.

Milestone 3: Months 6-8

Milestone Number: 3

Milestone Title: Marketplace

Milestone Outputs:

  • Create the marketplace.
  • Create auction and bidding.

Acceptance Criteria:

  • Functional marketplace.
  • Functional auction and bidding.

Evidence of Milestone Completion:

  • Marketplace

Final Milestone: Month 9

Milestone Number: 4

Milestone Title: Deployment

Milestone Outputs:

  • Deployment of the platform.

Acceptance Criteria:

  • Farmer marketplace.

Evidence of Milestone Completion:

  • Proof of Concept complete and deployed
  • Submission of the project close-out report, including all relevant documentation, data, and analysis.

Who is in the project team and what are their roles?

Jose Velazquez- Marketing / Legal / Project Management

Jose posses a well connected network within the New York Cardano community with mentors from Milkomedia and Merchify. Jose has legal and governmental connections within South America allowing for project implementation. Jose has Project Managament experince maniging funds from F6 Projects, F7 projects, F8 Projects, F11 Projects. Jose is active within the catalyst proposers, catalyst network and latam cardano network within telegram. Jose has facilitated hosting 24 events across Ecuador and Paraguay providing catering, guest speaker logistics, event venues and itineraries as well as managed and completed 5-figure and 6-figure catalyst proposals

linkedin.com/in/jose-velazquez-809665186

David Tacuri- Developer / Lead Full Stack Developer / Smart Contract Developer

David possesses technical expertise in various programming languages and databases. David has experience educating about block and is the CEO of his own blockchain educational game Cardania. David has experience building dApp. David has many years of experinece as a developer, coding and managing electoral systems within Ecuador. Currently, David is in the end stages of building a blockchain voting system and a dTeach learn=to-earn modality platform. Dabid is cctive within the catalyst proposers, catalyst network and latam cardano network within telegram

<https://www.linkedin.com/in/david-patricio-tacuri-lema-256a08b1/>

Please provide a cost breakdown of the proposed work and resources

Screenshot-2024-05-12-at-4.43.51PM-66f71a.png

Development Costs:

  • Project management: 27727 ADA
  • Smart Contract Development: 12727 ADA
  • Build the smart contract logic and architecture
  • Frontend Development: 28636 ADA
  • Designing and developing user interfaces for the dApp.
  • Backend Development: 16362 ADA
  • Building the server-side logic and database architecture.
  • Security Audits and Testing:
  • Functions: 3272 ADA
  • Operational Expenses:
  • Hosting and Infrastructure: 16363 ADA
  • Procuring and maintaining server infrastructure to host the dApp and ensure scalability and reliability.

The chart provides the exact numbers and this comprehensive breakdown allocates funds across various aspects of the project explaining it further. It includes development, security, marketing, operations, and risk management. It reflects the necessary investments to deliver a robust, secure, and well-promoted p2p, p2b, and b2b dApp on the Cardano blockchain while accounting for potential contingencies. Adjustments can be made based on project priorities, market conditions, and feedback from stakeholders.

No dependencies

How does the cost of the project represent value for money for the Cardano ecosystem?

Our proposal is a direct response to the critical challenges facing Latin American farmers and the agricultural industry at large. By harnessing the power of Cardano blockchain technology, we aim to revolutionize agricultural supply chains plagued by inefficiencies and lack of transparency. The inherent trust and transparency offered by Cardano blockchain provide the foundation for our comprehensive solution.

Our strategy encompasses a range of innovative solutions tailored to the unique needs of the agricultural sector. Firstly, we'll implement blockchain-based supply chain solutions to trace products from farm to fork, ensuring consumers can verify authenticity and quality while enhancing food safety. Smart contracts will automate fair trade agreements, ensuring transparency and reducing exploitative practices.

Decentralized marketplaces on the Cardano blockchain will facilitate direct connections between farmers and buyers, eliminating intermediaries and lowering transaction costs. This fosters efficient and transparent trade relationships, benefiting both parties. Additionally, in the future MVP stage we hope that tokenizing agricultural assets will unlock liquidity, enabling investment and increasing productivity and microlending protocols

Through Cardano blockchain-enabled data analytics, farmers can gather crucial agricultural data, empowering informed decision-making and resilience to climate change. Financial inclusion initiatives, such as digital wallets and micro-loans, will empower smallholder farmers, leading to higher payments, reduced food waste, and economic empowerment.

Our solution promotes collaboration among stakeholders, ensuring contextually relevant blockchain solutions are developed. By addressing the root causes of inefficiencies and insecurity in agricultural trade, we promote transparency, efficiency, and trust. This aligns with Cardano's ethos of decentralization and inclusivity, fostering a sustainable and resilient agricultural ecosystem in Latin America.

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