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RE: COTTON COIN <<>> THE REVOLUTIONARY MESSIAH OF THE COTTON INDUSTRY
Hi @amec from what I can make out,
Cotton coin has a Pee2peer system and mobile dApps that work out the traceabilty
How do all parties in the process verify the process of the transaction
....................and transfer process esalong the supply chain
Thanks for stopping by @maxiemoses-eu
I think there is a little bit of misunderstanding in your comment and I will try to clarify it to the best of my ability.
Please understand that the mobile dapps are not directly related to cotton coin itself but are inter-related and inter connected in its ecosystem for it's functionality.
The dapps are just basically tools built to enhance the performance of cotton coin part of which traceability and QR code scanning among others are included
As for verification of transaction....the QR code scanning Dapp is very useful in determining cotton quality(weight,size)etc then the escrow and instant payment system of cotton coin makes guaranteed payments available for the farmers.
Additionally,cotton buyers can also track their purchased cotton through the traceability dapp in real time......
In short.....every action in the supply chain process is fully covered by incentives mainly through the aforementioned Dapps
So what you are willing to make me understand is that this tools are not birthed by Cotton coin but Cotton coin provides room for this tool to be sandwiched into the system.
Am I right with my new understanding ?
Yeah yeah....exactly😊