Agriculture is one of the foundations of human life on the planet earth. People learned to grow various crops and foods for survival on earth. The market for the international agricultural economy is growing rapidly and fast. It is estimated to reach 8.5 trillion dollars by 2020. Endless presence of the middlemen in the process has created inefficiency and high cost for the consumers and farmers.
300 billion dollars worth of agricultural products is lost each year due to the bad trade. Selection of the right farm is extremely important for the healthy business in the sector. Farmers, merchants, consumers, and experts are bounded by many invisible barriers, which must be broken to create a transparent exchange of value. Do you think it is possible to create a simplified solution for the agricultural market?
Solution Offered
GREENBIT is the answer for the agricultural industry. It has created a decentralized transparent platform for the sector to create fast value exchange between farmers and merchants. Global agricultural business is going to change with the introduction of the platform. A centralized entity called Global farm network(GCN) is created which is based on the blockchain technology. The GCN is used for the speeding up transactions, reducing fraud and stopping financial crimes. Using the platform merchants and farmers can save to 35% on every transaction.
GREENBITVAULT is created for faster payment and currency exchange. Instant cryptocurrency payment is available on the platform for the merchants and farmers. Trading currencies and commodities, exchange of fiat currencies and cryptocurrency, running of the portfolio on virtual farm investment options and attracting investment for expansion are a few of the many features of the platform. Connecting agro traders, farmers, merchants, and businesses on the single platform is the ultimate aim of the platform. It is also a safe place for trading for traders and value chain service providers. Anyone can create their profile on the platform to start their journey in the agricultural sector.
ICO INFORMATION AND TEAM
GREENBELT Tokens are created for the project in which 65% is reserved for the ICO. The pre-ICO is currently live on the platform. The ICO dates are not yet announced. The funds from the ICO will be utilized for the development and marketing of the platform. The team working on the project is experienced in the field of blockchain technology and business management.
Conclusion
Online agricultural business is expected to reach 3.1 trillion dollars by 2020. The invention of the computer and internet have made things easier for the people of the world. Globalisation and liberalization have brought significant changes in the global economy. Businesses and farmers all over the world are able to connect globally with each other.
But, there have been several challenges in the sector which limits the growth and scale of the agriculture in the global market. Agriculture technology has found a new hope in the form of blockchain technology and it is the right time for the bright future for the farmers and businesses. Everyone will be able to easily spend their cryptocurrency on the agro products. The continuous cycle will take time to prepare itself but once it does, we will see a new era of agriculture and food. Do you think it is possible for the platform to offer services as mentioned on the website?
Website:https://www.greenbit.in/
Whitepaper:http://greenbit.in/assets/images/GREENBIT%20WHITEPAPER%201.1.pdf
Published By:Kishan748
Btalk Profile:https://bitcointalk.org/index.php?action=profile;u=1027561