Local Agro Description

The buyer and seller, working on the local agricultural market, decide to make a deal. They fill forms in the LocalAgro system.

The system creates a smart contract in accordance with the terms of the transaction. The transaction amount, including shipping and insurance, reserved by the system in LAC.

The seller sends products by the partner shipment company. The buyer receives products, evaluates quality and marks the acceptance of goods in personal account.

The smart contract executed and the amount in LAC distributed in accordance with the terms of the transaction to the accounts of seller, shipping and insurance companies.