Arya.ag partners with Avalanche to build agricultural finance infrastructure

Indian agricultural warehouse and grain trading firm Arya.ag is collaborating with Finternet to build an agricultural finance infrastructure on the Avalanche network. The initiative aims to enhance transparency and traceability in lending by recording collateralized grain storage and loan status on-chain. The project involves major lenders including Singularity Credit and Arya Dhan. According to CoinDesk, Arya.ag is developing a dedicated Layer 1 blockchain using Avalanche technology, with plans to open the network to other warehouse operators in the future.