Cotton Coin Technology to the Rescue

in contest •  11 months ago 

Cotton Coin is created to save the lives of cotton farmers and its industry.

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Cotton has become the most in-demand commodity and it's the world’s most commonly used natural fibre, however high usage of artificial material worldwide has negatively affected the cotton growing sector. It's really heart breaking knowing that a lot of cotton farmers committed suicide due to the fall of cotton industry. Cotton production decrease over the years past from falling of the cotton's prices in the world markets and the low profitability of cotton breeding and this inflicting loses on the farmers. They're suffering from some setbacks such as "poor working conditions, non/delayed payment to farmers, poor quality cotton, environmental pollution, lack of government support, corruption and more. This has only worsened with time as global warming and ozone depletion made the weather highly unpredictable. All these affect the quality, consistency and sufficiency of the crop."
Thus, other situation is very favorable for the companies buying cotton, but not for the farmers, who produce it, creating unfair price situation as well. I was really saddened to know that those farmers who worked so hard through sweat and blood are the ones who don't earned much. Like cotton farmers, rice farmers here in the Philippines facing the same situation as well because our government instead of buying our local rice they imported rice in Vietnam and our local rice is being sold as commercial rice which is expensive and we consumers have no choice. I wish, there's this Blockchain Technology that will help resolve this problem. How about Rice Coin? Isn't it possible? I wish! ☺️
Cotton Coin Technologies "is a digital solutions provider that aims to alleviate the suffering of farmers and other stakeholders in the cotton industry using blockchain technology." This technology ensures that all transactions cannot be corrupted.
"COTTON COIN runs on blockchain protocol that creates a trusted transaction ledger to
integrate consumers, supply chain participants and authorities in one ecosystem.
COTTON COIN has a built-in peer-to-peer payment network can be used as an alternative
to fiat currency, offering instant payment by bypassing corrupted intermediaries."

The aim of this project is to provide a convenient ways in buying and selling cotton product to the farmers. It helps prevent corruption and the delays of payment.

Other Sources:

https://www.cottonco.in
https://cottonco.in/wp-content/uploads/2018/06/Cotton-Coin-Whitepaper-02062018.pdf

The Management Team

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Need a Labor Coin that's not just for cotton or corn but helps all struggling work force.

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Agree..thanks for coming over..

Greetings @cinderz

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We would like to confirm that your entry has been submited. Thank you for your time and effort.

Results of this contest will be announced on saturday 14/07/2018. You can find more details visiting @crypto.piotr profile and checking out his latest post:
https://steemit.com/cottoncoin/@crypto.piotr/cotton-coin-technology-contest-update

Best regards, Cotton Coin Team
Cotton Coin

Hi @cinderz

Hell, that was a long week. I didnt expect this contest to become so popular. I expected 15-20 reviews about Cotton Coin but ended up with almost 60 entries. Crazy but positive :)

Let me already express how personally grateful I am for your support. It has been my first sponsored contest and I've learned already a big deal.

Regardless if you will be one of awarded winners or not - I want you to know that I will do my best to check your profile every few days and support all quality content related to blockchain, AI, human psychology or crypto (as those are my main passions).

IMPORTANT:
I have almost 60 reviews to check and I want personally read each one. It make take me some time but I will definetly reply to any of yours comments.

Also: Im looking for few judges who would help me select best reviews. Please check also my latest post (contest update) for more details.

Obviously upvoted :)

Keep in touch,
Yours
Piotr

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WOW! That's good to hear sir.. I know how hard it is to read all entries and I appreciate the effort sir. And I see you're very friendly so it's not impossible for you to have many followers and supporters..Keep it up sir. I hope for the success of this very first contest of yours.. Thank you for the time.

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Please accept my appplogy for such a late reply @cinderz

Past several days has been very hectic and busy and I didn't have enough time to reply all received comments. Usually I have time to do that on weekends.

Thank you for your never ending support. I appreciate it a lot

Yours,
Piotr

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No worries sir..just take ur time.. I appreciate the gesture thank you

Thank you for providing this great review, good luck in selections.

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Thank you for reading it 😘

After reading your post, I was reminded how our focus guides the solutions we develop. Farmers seem to have been forgotten in the modern world. Cotton Coin illustrates how, with technology, they can still be important to global economies.

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Agree, and this cotton coin is one great idea. Thank you for reading my entry.

Very precise and if you ask me. Cotton wishes to cut across board in the industry, and make it come alive.

I like to ask Do you have a good understanding of your country's cotton industry? Is your country an active player in the cotton industry?

I wish you luck in your quest for the prize.

Cheers, Maxie

a great review about cotton coin coming from @cinderz. you did a good job

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Thank you 😘

This comment was made from https://ulogs.org

Your detailed research has educated me a lot. And yes some farmers into cotton farming suffering under the big blow of penury currently. And this - ("The aim of this project is to provide a convenient ways in buying and selling cotton product to the farmers. It helps prevent corruption and the delays of payment") helped to inform the target of the cotton coin technology. Kudos to you dear!

Hi there @cinderz

Just wanted to express again how thankful I am for your latest support regarding participating in my little Cotton Coin contest.

Im glad to see that you're very responsive. Not everyone here on Steemit makes an effort to reply to comments. Im glat to see that you do.

ps.
Small reminder: I will announce winners this saturday 14/07/2018. Stay tuned! :)

Important: perhaps you would like to collaborate in the future. Either as a judge or help me organize another contest or simply participate as a writer?
Drop me a message to my email: [email protected] and let's stay in touch :)

Cheers,
Piotr