Australian blockchain start - up group has secured a AUD5.5 billion ( $ 4.3 m ) investment from Square ##tech Capital in series A funding . AgriDigital provides private blockchain technology to simplify agriculture supply chain , and since December 2016 over 1.6 million tonnes of grain have been transacted over the system . The company intends to use the capital to expand its agtech platform into global America .
Australian blockchain start-up AgriDigital has secured a AUD5.5m ($4.3m) investment from Square Peg Capital in series A funding. AgriDigital provides private blockchain technology to simplify agriculture supply chains, and since December 2016 over 1.6 million tonnes of grain have been transacted over the system. The company plans to use the capital to expand its agtech platform into North America.