{"id":3899,"date":"2021-05-26T10:26:43","date_gmt":"2021-05-26T10:26:43","guid":{"rendered":"https:\/\/revista.isfin.ro\/?p=3899"},"modified":"2022-05-19T21:46:28","modified_gmt":"2022-05-19T21:46:28","slug":"application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture","status":"publish","type":"post","link":"https:\/\/revista.isfin.ro\/en\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/","title":{"rendered":"Application of asset tokenization, smart contracts and decentralized finance in agriculture"},"content":{"rendered":"
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

\u00a0Author: Mahmoud Tarhini
\u00a0Vol. 6 \u2022 No. 10 \u2022 May 2021<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

\n\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\n\t\t\t\t<\/i>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\n\t\t\t\t\t\tView Abstract PDF\t\t\t\t\t<\/a>\n\t\t\t\t<\/h6>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\n\t\t\t\t<\/i>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\n\t\t\t\t\t\tView Article PDF\t\t\t\t\t<\/a>\n\t\t\t\t<\/h6>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

Abstract<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

This is a study for applying Decentralized Finance (DeFi) operations in a real life Agricultural finance application focusing on how assets tokenization in general and crop insurance in particular may take advantage of fundraising, global capital markets, atomic swap operations over blockchain and finally peer-to-peer trading without intermediaries under standardized regulations and revolutionary custodial services. Descriptive statistical data presentations such as graphs and tables are used to do the analysis and evaluate the development of the sector. The paper is exploring the boundaries and the depth of Decentralized Finance while focusing on Asset Tokenization Application that are being deployed mainly in different agri-businesses starting with crop insurance and ending up with tokenizing the products over blockchain. In conclusion, asset tokenization as a representational digital asset for a traditional financial instrument is becoming an increasingly important part of modern finance and \u201cblockchainization\u201d of the real world. This paper addresses how agriculture sector as production sector can use asset tokenization in securing the crops by smart contracts and issuing digital tokens to fundraising for micro-insurance. Also, using blockchain to tokenize the crops for future contracts while in the same time boosting the efficiency of the agribusiness finance, crop insurance, trading in primary and secondary markets as well as exploring new markets without intermediaries, are aspects that are found in the present research.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

Keywords<\/strong>: Tokenization, decentralized finance, smart contract, crop insurance, blockchain, decentralized ledger.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

JEL Classification<\/strong>: O330.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

DOI<\/strong>: 10.55654\/JFS.2021.6.10.11<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t
\n\n \n\n
\n\n \n BACK<\/span>\n\n <\/div>\n <\/a>\n <\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

\u00a0Author: Mahmoud Tarhini\u00a0Vol. 6 \u2022 No. 10 \u2022 May 2021 View Abstract PDF View Article PDF Abstract This is a study for applying Decentralized Finance (DeFi) operations in a real life Agricultural finance application focusing on how assets tokenization in general and crop insurance in particular may take advantage of fundraising, global capital markets, atomic …<\/p>\n

Application of asset tokenization, smart contracts and decentralized finance in agriculture<\/span> Read More »<\/a><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[174],"tags":[],"yoast_head":"Application of asset tokenization, smart contracts and decentralized finance in agriculture - Revista de Studii Financiare<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/revista.isfin.ro\/en\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Application of asset tokenization, smart contracts and decentralized finance in agriculture - Revista de Studii Financiare\" \/>\n<meta property=\"og:description\" content=\"\u00a0Author: Mahmoud Tarhini\u00a0Vol. 6 \u2022 No. 10 \u2022 May 2021 View Abstract PDF View Article PDF Abstract This is a study for applying Decentralized Finance (DeFi) operations in a real life Agricultural finance application focusing on how assets tokenization in general and crop insurance in particular may take advantage of fundraising, global capital markets, atomic … Application of asset tokenization, smart contracts and decentralized finance in agriculture Read More »\" \/>\n<meta property=\"og:url\" content=\"https:\/\/revista.isfin.ro\/en\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/\" \/>\n<meta property=\"og:site_name\" content=\"Revista de Studii Financiare\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-26T10:26:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-19T21:46:28+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Revista ISF\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/revista.isfin.ro\/#website\",\"url\":\"https:\/\/revista.isfin.ro\/\",\"name\":\"Revista de Studii Financiare\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/revista.isfin.ro\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/revista.isfin.ro\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/#webpage\",\"url\":\"https:\/\/revista.isfin.ro\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/\",\"name\":\"Application of asset tokenization, smart contracts and decentralized finance in agriculture - Revista de Studii Financiare\",\"isPartOf\":{\"@id\":\"https:\/\/revista.isfin.ro\/#website\"},\"datePublished\":\"2021-05-26T10:26:43+00:00\",\"dateModified\":\"2022-05-19T21:46:28+00:00\",\"author\":{\"@id\":\"https:\/\/revista.isfin.ro\/#\/schema\/person\/d709ae622feb4a954f2e16c530e0815a\"},\"breadcrumb\":{\"@id\":\"https:\/\/revista.isfin.ro\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/revista.isfin.ro\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/revista.isfin.ro\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Prima pagin\\u0103\",\"item\":\"https:\/\/revista.isfin.ro\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Application of asset tokenization, smart contracts and decentralized finance in agriculture\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/revista.isfin.ro\/#\/schema\/person\/d709ae622feb4a954f2e16c530e0815a\",\"name\":\"Revista ISF\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/revista.isfin.ro\/#personlogo\",\"inLanguage\":\"en-GB\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5e83b250196a64f9f7f3802f9f4123d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5e83b250196a64f9f7f3802f9f4123d?s=96&d=mm&r=g\",\"caption\":\"Revista ISF\"},\"sameAs\":[\"https:\/\/revista.isfin.ro\"],\"url\":\"https:\/\/revista.isfin.ro\/en\/author\/isfin\/\"}]}<\/script>","yoast_head_json":{"title":"Application of asset tokenization, smart contracts and decentralized finance in agriculture - Revista de Studii Financiare","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/revista.isfin.ro\/en\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/","og_locale":"en_GB","og_type":"article","og_title":"Application of asset tokenization, smart contracts and decentralized finance in agriculture - Revista de Studii Financiare","og_description":"\u00a0Author: Mahmoud Tarhini\u00a0Vol. 6 \u2022 No. 10 \u2022 May 2021 View Abstract PDF View Article PDF Abstract This is a study for applying Decentralized Finance (DeFi) operations in a real life Agricultural finance application focusing on how assets tokenization in general and crop insurance in particular may take advantage of fundraising, global capital markets, atomic … Application of asset tokenization, smart contracts and decentralized finance in agriculture Read More »","og_url":"https:\/\/revista.isfin.ro\/en\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/","og_site_name":"Revista de Studii Financiare","article_published_time":"2021-05-26T10:26:43+00:00","article_modified_time":"2022-05-19T21:46:28+00:00","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Revista ISF","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/revista.isfin.ro\/#website","url":"https:\/\/revista.isfin.ro\/","name":"Revista de Studii Financiare","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/revista.isfin.ro\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/revista.isfin.ro\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/#webpage","url":"https:\/\/revista.isfin.ro\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/","name":"Application of asset tokenization, smart contracts and decentralized finance in agriculture - Revista de Studii Financiare","isPartOf":{"@id":"https:\/\/revista.isfin.ro\/#website"},"datePublished":"2021-05-26T10:26:43+00:00","dateModified":"2022-05-19T21:46:28+00:00","author":{"@id":"https:\/\/revista.isfin.ro\/#\/schema\/person\/d709ae622feb4a954f2e16c530e0815a"},"breadcrumb":{"@id":"https:\/\/revista.isfin.ro\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/revista.isfin.ro\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/revista.isfin.ro\/2021\/05\/26\/application-of-asset-tokenization-smart-contracts-and-decentralized-finance-in-agriculture\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Prima pagin\u0103","item":"https:\/\/revista.isfin.ro\/"},{"@type":"ListItem","position":2,"name":"Application of asset tokenization, smart contracts and decentralized finance in agriculture"}]},{"@type":"Person","@id":"https:\/\/revista.isfin.ro\/#\/schema\/person\/d709ae622feb4a954f2e16c530e0815a","name":"Revista ISF","image":{"@type":"ImageObject","@id":"https:\/\/revista.isfin.ro\/#personlogo","inLanguage":"en-GB","url":"https:\/\/secure.gravatar.com\/avatar\/f5e83b250196a64f9f7f3802f9f4123d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5e83b250196a64f9f7f3802f9f4123d?s=96&d=mm&r=g","caption":"Revista ISF"},"sameAs":["https:\/\/revista.isfin.ro"],"url":"https:\/\/revista.isfin.ro\/en\/author\/isfin\/"}]}},"_links":{"self":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts\/3899"}],"collection":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/comments?post=3899"}],"version-history":[{"count":15,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts\/3899\/revisions"}],"predecessor-version":[{"id":5013,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts\/3899\/revisions\/5013"}],"wp:attachment":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/media?parent=3899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/categories?post=3899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/tags?post=3899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}