Sheesha Finance Partnership Spotlight: Authentium
Sheesha Finance is a decentralized mutual fund that provides investment solutions for crypto portfolio diversification and rewards across the DeFi space, allowing token holders to become early investors in some of the hottest DeFi projects.
Today, we are excited to be announcing our latest partnership with Authentium (https://authentium.io/).
Authentium is the world’s first decentralized primary producer commodity exchange (DEX) and DASCO (DAO) network. Authentium is a true pioneer with an open-source community sharing a vision to design and build an ecosystem of DAO like Decentralized Autonomous Supply Chain Organizations (DASCO’s) that look to remove centralized authorities from global food supply chains.
Their vision is to liberate producers, farmers, growers and distributors from centralized exploitive supply chains to create a world of peer-to-peer food supply chains by building an ecosystem that incentivises this evolution.
“Our partnership with Authentium is something truly unique that I am very excited about. Authentium is a true revolutionary in the decentralization of the produce supply chain industry, undertaking an altruistic endeavour that I think has real value and has my support. I am confident that the partnership between Sheesha and Authentium will be mutually beneficial and enable their team to reach their goals in removing exploitative authoritative concerns that exist in the supply chain industry.” says Sheesha Finance CEO, Saeed Al Darmaki.
Through the use of DAO’s, Authentium is looking to create a peer-to-peer community around the produce supply chain industry, while also providing the world’s first decentralized exchange where traders and investors can place buy and sell positions tracking produce and commodities. Produce tells a story from where it originates from, to when it reaches your plate and Authentium is looking to increase the trust and transparency behind that story by creating an ecosystem that cuts out the shady dealings and exploits that exist during that journey. Authentium brings together a global community of like-minded individuals who are concerned about ensuring that primary producers are treated fairly, equally and are fairly rewarded for their work. By verifying information on the Algorand blockchain, this enables access to fully transparent information regarding the supply chain process to all community members.
Authentium has partnered with Algorand and the Algorand Foundation to revolutionize supply chains, enhancing a range of open-source technology stacks for the ecosystem. In doing so, they will be able to repair the faith and trust that has been lost in the supply chain industry. The traditional supply chain industry has been shown to be highly inefficient, lacking transparency and traceability. Authentium is looking to restore the market inequities and help place power back to where it belongs with the hard-working people in the farming and primary production industry who feed the world.
It isn’t just Authentium who consider this a worthy endeavour as they have already secured powerful partnerships with the Algorand foundation, Saavi, Aikon, Payscript and the Canadian Blockchain Supply Chain Association who all support Authentium on their mission.
About Sheesha Finance
Sheesha Finance is the leading decentralized DeFi mutual fund allowing for premium cryptocurrency portfolio diversification and rewards. Sheesha Finance rewards investors of any size, from small to large ticket holders, with unlimited DeFi tokens from a diversified portfolio of projects. Sheesha Finance’s easily convertible assets can be freely utilized to maximize rewards and gain exposure to existing and upcoming DeFi projects. With plans to become a member-managed Decentralised Autonomous Organization (DAO), Sheesha Finance is dedicated to upholding full transparency and integrity within the DeFi space.
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