TechFlow reports that blockchain software-as-a-service solution AfriDex has announced the completion of a $5 million Pre-Seed funding round led by Endeavor Ventures, with participation from African Crops Limited, Oldenburg Vineyards, and Hank Oberoi.
AfriDex currently focuses primarily on the agricultural market, supporting and safeguarding supply chain participants through comprehensive on-chain solutions. The platform leverages blockchain technology to enable traceability, frictionless payments, fraud-resistant transactions, verified certifications, and streamlined tax and subsidy management.
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