CIBUS- The Innovation Food Ecosystem on Blockchain!

Introduction
Food technology and the science of dietary have metamorphosed from one level to the other through improvement in science and technology coupled with the advent of modernization in almost every stratum. In the present era of uninterrupted intensification in food industry, research have revealed comparatively that food producers and supply chain partners today face countless of challenges right from global competition, growth of online shopping, to outskirts pressure and many more. These challenges and other factors have challenged the major actors in the food industry to device convergent and divergent paradigms to tackle the way food and paraphernalia are comparatively managed; putting consumers into equal consideration.

Blockchain provides a shared ledger that is rationalized and validated in real time with each network contestant. It empowers equal visibility of activities and it can expose any asset at any point in time, regardless who owns it and its latest condition. It is safe, secured, and cannot be tampered by any means so it promotes best transparency.

Transparency is the most demanding aspect of customers that has been increased in recent years. The transparency has the ability to assess the performance of a supply chain and their by increase the confidence of concerned players and of course improve the customers trust. Considering the characteristics of Blockchain technology, it is the best solution to achieve transparency by simply disclosing the information to others. The strengths in the transparency of the blockchain lies in the trustworthiness as a transaction cannot be changed or manipulated afterwards. The trustworthiness cannot be achieved by a centralized system, since it is impossible for an outsider to assess the trustworthiness of the disclosed information. Therefore, it is advantageous to use a blockchain technology over a centralized system in terms of trustworthiness.

Reasons To Choose Blockchain
We designed this platform to run using blockchain technology as the basis for our platform development. Because from the first appearance, blockchain comes with the offer of fast and secure online transactions and supports all types of data and cryptocurrency. Blockchain technology uses a system, where every transaction is recorded and can not be changed forever, so transaction security and transparency can be maintained and reduce the chance of cheating data. We make Platform CIBUS run using blockchain technology, where production and distribution records recorded in Cibus blockchain cannot be altered and can not be considered counterfeit, so consumers or buyers can use the data to recall the product immediately if the product is not available according to what consumers want. We will create the Cibus Platform to have a token that can be used as currency within this platform. We will keep every transaction that you do quickly and also safely, using blockchain technology. Every party who transact will be directed to use the Cibus token we provide, in order to maintain the speed and security of the transactions they make.

CIBUS’s Vision
Global supply chains are extremely effective these days but in many ways they are adulterated with non-transparency, fraudulent activities, outdated stocks, etc. Moreover, reliance on outdated technology or manual procedure creates unwanted gap between manufacturers and traders with consumers in several ways. Blockchain technology, which has the potential to be used as secured way to record and transmit data in a safe and decentralized networks, has now been counted as a promising way to improve these chains. One point that sets CIBUS apart from other almost similar projects is that CIBUS is going to launch hardware as well: best quality advanced and intuitive sensors that can continually monitor and steadily send data to the blockchain as an item transits from manufacturer to its end user. CIBUS is on the verge of creating a potential market. Most important factor in this system workflow is complete
transparency and conviction. The main focus will be to develop an ecosystem that address market issues, can bring down costs, and can boost efficiencies. All these components will help CIBUS to it be the most favourite for all stakeholders integrated in the supply chain — from the producers to traders to consumers. CIBUS is also creating a blockchain-centric procedure that has the flexibility to be used at different supply chain settings. CIBUS protocol is Ethereum-based and it can write smart contracts, which is expected to add heaps of efficiencies, along with transparency and responsibility to the whole chain. CIBUS is going to launch a new cryptocurrency token CIBUS token, which will be used on the CUBUS Platform only in a way that remains associated with each item within the chain. Amidst other things it holds the data as the food item moves ahead toward its consumers, and it also offers incentives for the stakeholders. CIBUS token is expected to be the central part of the equation. CIBUS seeks to facilitate a locked and sovereign supply chain, develop an improved distribution procedure and permit consumers to effortlessly see where their purchased products come from and the ingredients in it.

CIBUS’s Mission
The mission at CIBUS is project is:
1.To line up and transparent the global food supply chain and related market so that the interest and trust of
consumers and farmers can be maintained at its best. At CIBUS our aim is to reward the farmers who put
their labour in producing food and of course the consumers who has all the right to have quality food on their
table.
2.Thus eventually, all stakeholders can yield profit from the elevated whole value proposition for verifiably
quality food. Moreover retailers sourcing quality food products can trace and display the origins and
superiority of their food, which consumer can check on their own. Governments will get to guarantee
conformity by the food industry to standard and values by checking records and methods documented on the
blockchain.
3.Apart from that Smart contracts can establish commercial relationships between different parties as well as
can control/reduce risks and trading disputes, permitting suppliers and buyers to enter MOU without
suffering from stress about the status or solvency of their counterparty.
How it works?

The CIBUS platform will run using blockchain technology, which will provide transparency and security on this platform. The systems we design and the blockchain technology will be used to determine the quality of food and health supplements as well as the fulfillment of transparency for consumers. Our goal is to bring food manufacturing and food supplements, producers and sellers under one functional, interactive, and mutually beneficial Platform based on blockchain technology, and enable transparency of data open and accessible to all interested parties. Thus, we hope that business owners and consumers can enjoy the best transparency, authenticity, and reliability of the food products they consume.

CIBUS Architecture
CIBUS Blockchain will contribute in adding transparency which will help global food industry in quick & efficient
fraud prevention.

CIBUS possesses very clear cut solutions for various practical issues in agri food business Furthermore, CIBUS is designed by food scientists who have decades of experience in dairy and related industries in collaboration with
blockchain technology specialists to ensure optimum accuracy and efficiency for its users.
Benefits of CIBUS
1.CIBUS intends to provide escrow services, analytics and affiliate e-commerce functions. CIBUS uses
blockchain technology to bring absolute transparency in food and dietary supplements supply chain thus boosts food safety and traceability.

It benefits end-consumers by offering adequate information stored on blockchain, accessible on mobile application and websites, so that informed choices can be made before each and every food/dietary supplement purchase.

CIBUS also reduces involvement of intermediaries in the food economy by creating an e-commerce platform for food and dietary supplements. This facilitates direct trading between businesses and end consumers as
well as other businesses.

Roadmap
You may be wondering what the timeline setup for the project is, and when the pieces of the puzzle will come together, well look no further! The roadmap has been setout by the team at Cibus.

And about team!
With a selection of expects from all areas of the target market, Cibus has put together a team with a wealth of knowledge and expertise to work on their venture, you can see the team members and each of their positions within the project below. In a sector dominated with scams and lack of transparency ,as seen in the news on a near daily basis — Scammers are cashing in on Telegram’s upcoming ICO — Cibus again aims to lead from the front by posting links to all of it’s team members and photos of them, providing a high level of trust and transparency.

And shortly about ICO
As a platform built on the workings of the Blockchain technology, the platform will be fueled through the functionality of the token, hence the CIBUS token (CBT) will be employed to interact and interrelate within the ecosystem. 100, 000, 000 CBT tokens are in total supply with 40, 000, 000 as Hardcap while Softcap is set at 5, 000, 000 CBT, respectively. The token is a complete ERC20 utility token and smart contract functioning on the premise of the ETHEREUM platform. During Token Generation Event (TGE) 1 ETH will be equivalent to 1,000 CBT with minimum purchase limit as 10 CBT. PRE-TGE is scheduled for the first quarter of 2018 but will end on 28th February, 2018 at 10:59 (GMT) while ICO will start afterwards on same day. The bonuses schedule is explained below.

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WEBSITE: https://www.cibus.world/