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GFC

Greek Food Corridors

The aim of the project is to achieve the automation of the Agricultural Greek market through a modern electronic Trading infrastructure export-oriented at European standards, by organizing & coordinating the market and creating transparency, speed and trust. The design of Greek Food Corridors concept is the setting up of a central auction system in Athens & Brussels(Terminal HUB I), call it the “dealing room”, in which various Fruits and Vegetable lots geographically located are sold to the highest bidder, local as remote, using a clock auction system. We integrate and coordinate the actual Greek Agricultural markets with the the nationwide network of product supply, cold storage logistics, Service providers, quality control agencies and transport companies to provide rapidly the best quality product at your doorstep. A big advantage of the new infrastructure, especially for the small and medium-sized farmer’s cooperatives and Group of Producers, is the fact that they will be able to negotiate directly with buyers, both at a national and international level, under the same conditions as larger companies. The new platform will facilitate the task of finding buyers or sellers to negotiate simultaneously and in real time on the trading screen. The members will be able to benefit from economies of scale as well as marketing and from direct access to International markets.

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GFC
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1 GFC = 0.00025 ETH
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About GFC

The design of GFC’s concept is the setting up of a central auction system in Athens, call it the “dealing room”, in which various Fruit & Vegetable lots are sold to the highest bidder using a clock auction system. You have 1 central server system which communicates with all the regionally depots involved in selling the products. In each depot, supplied products are registered with their product characteristics and the right storage location with the dates of receipt indicated. These data are centrally stored. Our selling parties enter the supply they want to sell on the clock system via GFC web portal after logging in successfully. In this way, we will get a certain stock, which can be sold afterwards to the “registered buyers” through the various e-auction sales tools. Afterwards, the information from all these transactions is available on the website of GFC organization for buyers, farmers etc. After being logged in, the client can view his specific data (transactions, catalogues, statistics, and general information). After the sale, the various depots get the necessary tasks and insights about who is going to load what. The back office software makes the necessary finalization of the transactions, follow-up of invoices, payments, statistical reports etc.

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