WHAT DOES FOODСOIN ECOSYSTEM CONSIST OF?
The most complicated thing in your life is to get up on Monday morning - but even more difficult is to make clear for yourself what does the blockchain add-in consist of, especially if you are not an expert in this field. But we can help you to figure the last one out and we will gladly explain what FoodСoin Ecosystem is made of (hint: no preserving agents!)
FoodСoin Ecosystem is a blockchain add-in designed to build up a global marketplace of groceries and agricultural products based on the active 1000 Ecofarms platform. 1000Ecofarms exists as a self-consistent and independent project, but yet not the only one.
At the technical level, FoodСoin Ecosystem is a peer-to-peer network (i.e. decentralized system based on the equal rights of its members) connected by data processing and storage nodes. Each node stores a full copy of the blockchain in both open and private structures of the network to provide maximum protection against unauthorized data modification.
The blockchain is build up on Ethereum basis which technology enables to create new blockchain-based applications easily enough. It is due to this feature that Ethereum caused a sensation in blockchain technologies sphere thus making the creation of blockchain systems easier in the technical aspect. Today Ethereum platform is the optimal basis to create the complete ecosystem.
At the initial stage, FoodСoin (FdC) will be Ethereum token. Later it will become an independent cryptocurrency based on its own blockchain – food blockchain.
So now you know the basic principles. One more important element of FoodСoin Ecosystem is our set of tools, and primarily, the Smaco – easily customizable smart contracts designed for different tasks. But there will be no need to customize it yourself, our users will have access to a library of contracts with intuitive interface and connectivity with additional options. To make deals on the platform, the users will have to pass a remote identification based on DIGID technology. Since you cannot download your ordinary wallets in the blockchain, each member of our platform will have its own Wallok – a smart crypto wallet to interact with other platform members. We do not want transactions both in official and cryptocurrencies to take up to 2-5 days, so our own payment processor DiPay will allow executing payments faster. Due to PRORID – a system of products and goods origin authentication - the users will not have to worry about the quality of the products.