The Hashgraph Group Invests in AgNext for AI-Driven Agricultural Solutions

The Hashgraph Group has announced a strategic investment in AgNext Technologies, a leading agritech company, to advance AI-driven food quality assurance solutions. Announced in a press release, this investment will enable AgNext to integrate Hedera's distributed ledger technology into its platforms, ensuring enhanced traceability and transparency in food supply chains.

AgNext, which operates across India, Europe, the Middle East, and the USA, uses AI for quality assessment and blockchain for traceability to improve food safety and efficiency. The integration of Hedera's technology will allow for 100% traceability and the use of smart contracts to streamline supply chain processes.

The collaboration will also see AgNext and The Hashgraph Group working on joint go-to-market initiatives, including the development of Hedera-powered embedded devices. These devices will be part of a new Web3-centric joint venture based in Switzerland, aimed at offering innovative solutions globally.