@inproceedings{Paroushev2024, author = {Paroushev, Deyan}, title = {A Practical Model for Tokenizing Agricultural Assets: From Physical Commodities to Digital Futures Contracts}, booktitle = {Konferenzband zum Scientific Track der Blockchain Autumn School 2024}, number = {4}, organization = {Sofia University St. Kliment Ohridski}, issn = {1437-7624}, doi = {10.48446/opus-15779}, pages = {9 -- 18}, year = {2024}, abstract = {Small and medium-sized enterprises (SMEs) in agriculture face significant barriers to participating in institutional commodity trading, limiting their ability to manage risk and access global markets. This paper introduces a novel tokenized pooling mechanism that allows SMEs to collectively access over-the-counter (OTC) clearing services for agricultural futures. Leveraging blockchain technology, specifically Hyperledger Fabric, we create a transparent and efficient system for aggregating small-volume trades into standard-size contracts. Our model incorporates advanced pricing techniques that account for collateralization and cross-currency con-siderations. Implementation on Hyperledger Fabric demonstrates the feasibility of this approach in a real-world setting. Results indicate that this pooling mechanism can significantly reduce counterparty risk for SMEs while providing them access to institutional-grade risk management tools. This innovation has the potential to en-hance market efficiency and promote more inclusive global agricultural trade.}, subject = {Landwirtschaft}, language = {en} }