Cotton Coin Technology - Freedom For The Cotton Industry

in contest •  11 months ago  (edited)

HISTORICAL BACKGROUND

Cotton is a textile fiber of vegetable origin typical of the tropics, the most important and most widely consumed worldwide. It was cultivated for the first time in Asia, in the Indian subcontinent 7,000 years ago, where civilization developed cotton spinning and weaving methods that are still used in modern Indian industry.
It was later adopted by the Greeks and the Persians who joined in the cultivation and exploitation of the resource. Some Latin American countries such as Peru and Mexico also introduced cotton cultivation as part of the commercial activity of the time. The cotton was used mainly for the manufacture of clothes and other textile garments that replaced the use of animal skins. In Europe it was compared to sheep "Lana" in the beginning and recognizing it as an imported fiber; to know their plant origin were interested in how to stock this element. Between the end of the 18th century and the beginning of the 14th century, with the British expansion and colonial rule, the cotton-based manufacturing industry was replaced by cotton processing and textile workshops, as an industrial activity subject to monopolized mercantile policies.

In the course of history, cotton has played an important role in the world, becoming an ambitious project where everyone wants their share. The issue is covered by a disproportionate management of power and sectarianism where irrationality is its main vector.

THE PROBLEM

At present, countries in Asia (China, India), the Middle East (Pakistan, Uzbekistan, Turkey), the United States of America and Brazil in South America lead the cotton trade with more than three quarters of world production.
The cotton industry is a difficult area for entrepreneurs to venture into since its historical overview and worldwide reputation do not leave much to be desired especially for those who seek to invest with security and guaranteed solidity.
In the field activities farmers do not have real support and face difficult economic problems such as:

  • Lack of government support
  • Pricing regulations
  • Access to chemical products for pest control
  • Bad contractual conditions
  • Lack of financial policies for the development of agro-industry
  • Adverse climate conditions caused by climate change
  • Vices within the cotton production, supply and distribution chain
  • Impuntuality of payments

Just to mention the most relevant, it is to understand that all these failures would be inherited by those who bet to establish relations with the cotton industry.
According to data offered by the International Food Policy Research Institute (IFPRI), which is responsible for agricultural research, agri-food policies and technological innovation of nations; There is a crisis of a human nature in the countries of the third world, mainly in India, where the cotton workers after their abnegation to the work of the field, see their possibilities limited by the hands of an abrasive and corrupt system. Falling into a situation of indebtedness and state of indigence, in many cases with diseases such as Byssinosis produced by inhalation of mycotoxins present in vegetable fibers such as cotton. Additionally, cases of suicide and poisoning are recorded.

All these factors have an impact on product quality and economic development, taking into account that the industry competes with other textile technologies such as: Synthetic fiber, artificial fibers, wool, silk, linen, etc. Said literally; Cotton needs to be oxygenated to gain a boost in commerce and to remain the main natural fiber of global interest.

THE PROPOSAL

In search of a viable and impactful solution on a world scale, efforts are coordinated between government agencies, the cotton industry and the workers' union.
The most important problems have been identified: Lack of funds and loss of confidence in the field. There is no balance between the support provided to farmers in developed countries and those in the third world. The generation of subsidies and financing from governments does not arrive at parity with rural workers due to acts of corruption; similarly, monitoring mechanisms to guarantee transparency are vulnerable.

When the supply chain is dismantled, at the same time, industry is weakened and corrupted. Irremediably it translates into hoarding, scarcity and speculation. It is not worth rescuing production if the regulatory, control and surveillance mechanisms are not created that constantly influence all the processes of the supply chain to guarantee efficiency.

A LIGHT IN THE DARK

The Cotton Coin project consists in the creation of a payment system with cryptocurrencies through BlockChain that facilitates transactions within the cotton industry and that can counteract the effects of the embezzlement sustained for years.
Cotton Coin will be oriented to generate the balance taking into account mainly the countries of the third world which are the least favored.
Consider the "Worker"; which will feel vindicated in its functions and fully in accordance with the new method of payment which corrects the mistakes made, showing that all sacrifices and lost lives could have been avoided.
It will guarantee fair trade where companies will regain confidence, resume investment in the sector without fear of losing, stimulating emerging trade and new entrepreneurs.
Cotton Coin once installed will take into account the consumer who will be attracted by the benefits of an optimally functioning industry.
The Government authorities will be able to bring their benefits and contributions of law since the system, now refined, will allow to reach new agreements, such as: allocation of subsidies, credits, payment modalities, trusts, social contributions, surplus value and discussion of collective agreements, between others. Since it will have solvency and liquidity with the implementation of Cotton Coin, considering it is a distant mechanism of centralism.
Taking into account the inclusion of new personnel, exceptional talents, generation of relief, promotion of jobs, etc. Helping to solve the weaknesses in the cotton production, supply and distribution chain.

Cotton Coin will face corruption based on the decentralization and robustness of BlockChain technology where operations will be shielded, subject to audit and traceability at the disposal of the parties.

NEW TECHNOLOGY CORRECTS THE TRADITIONAL METHOD

The cotton company was born to meet the needs of society by obtaining economic compensation in exchange for investors. The problem is that throughout history other interests began to haunt its administrative functioning.
The process of industrialization of cotton left aside its greatest bulwark "The man". He forgot the human resource and its need for self-realization.
Therefore, the time has come to use the means to correct the damage caused and return to the purpose for which it was created, which is: "Serve society."
Cotton Coin has the incorruptible technology of BlockChain which generates a record of extreme confidence that nests all the CryptoFinancial operations.
I support my theory that people should be free to manage their finances without interposition from third parties.
Instant payments without intermediaries are a feature of Cotton Coin which means trust and traceability. The personalized mutual payments are typical of the new crypto-financial era which includes the Cotton Coin network as an alternative to the use of cash to avoid the diversion of resources by mafias.
Its technology has a back-end software design for tracking that processes the input of the interaction between users, capable of managing more than 1,000,000 transactions per day from the hand of the producer to the final consumer.
Decentralized point-to-point technology does not require a third party to act as a bank to complete the transaction.
The P2P networks created in BlockChain allow exchanging information between peer nodes, it is one of the most effective personalized tools, optimizing the use of bandwidth which foresees the growth of the ecosystem in the future and access to the network from anywhere, even if it is remote localities such as some peasant settlement or agricultural community.
The market of Cryptocurrencies has a fleeting growth and promises to consolidate itself as the main financial system of the world, it is advisable to venture into this field since the advantages in relation to the traditional system are greater.
According to the estimates made by the Cotton Coin team, once the platform enters, it will serve more than 10,000 agents and 30 million participants (farmers, agents, buyers, etc.) around the world.

CURRENCY FEATURES

Cotton Coin is designed with cryptographic support and security protocols that make it safe and reliable.
It is resistant to ASIC with sufficiently complex X11 hash algorithm that provides maximum level transactional security. It prevents users outside the industry from improperly using Cotton Coin by marketing it only as a lucrative way. Since the integrated design of specific application made to measure is designed for the particular use.
Applies the PoS test mode (Proof-of-Stake) is an algorithm that requires the user trajectory and reputation in a certain Cryptocurrency to opt for the exchange (Request for possession test).
In this way Cotton Coin is prepared to improve the customer experience and optimize operations; With PoS the client must have a portfolio with a large amount of accumulated Cryptocurrencies to access to buy more. Provides additional coins to node holders as an incentive for their contribution to the ecosystem.
Cotton coin has developed applications for intelligent equipment compatible with free software and operating systems; Windows, iOS and Linux that are available to every user.
The dApps allow workers, buyers and customers to interact quickly. Verifying in the site characteristics of the merchandise like: Weights of the packages, information of shipment, directions, etc, allowing concrete trazabilidad.
Until now, the system has two dApps: B2B designed with delivery tracking, price monitoring and authentication of sources and B2C in mind to guide the final consumer to make the purchase directly.
Its friendly interface comes in several languages ​​for greater interaction and user understanding when using your mobile device. Its global nature allows you to send and receive payments around the world
The use of dApp is customized to adapt to the needs and demands of the client is based on roles, and each function (eg, Industry, refining house, packaging, etc.) has its own processes, menus and functions.
Masternodes allows users to integrate to the platform using their equipment forming the large network of security nodes to protect the information and enlarge the capacity of the network attributing functionality and bandwidth for greater speed and data flow, allowing transactions snapshots, at the same time that the return on investment is guaranteed through daily rewards.
The more nodes that occur, the lower the probability of suffering a cyber attack or being the victim of a virtual scam, while reducing costs.
To guarantee the privacy and confidentiality of the data Cotton Coin uses Darksend a platform that allows anonymity. Avoiding the tracking of payments by attackers and eliminating any possibility of fraud.
The Cotton Coin coin will be the center of the project, according to its good use, upward exchanges, buyers of tokens, as well as other future projects are expected to reach the self-sustaining platform.
When equality and justice are achieved within the cotton industry; access to cotton information; Fraud, collateral effects and the impact of epidemics on emerging nations are reduced; educate and encourage the consumer; it creates healthy competitiveness within the cotton industry; Right at that moment Cotton Coin will consider this stage of his mission accomplished. It is worth mentioning the great thanks we owe to Satoshi Nakamoto, the anonymous creator of BlockChain, the decentralized technology that allows all this to be possible.

USER'S OPINION

Recommendations:

  • By leaning on the supply chain of the cotton industry, which generates the largest amount of valuable information for the development of the project, Cotton coin could include the use of artificial intelligence (AI) to contribute to the operations. Making use of micro tasks that users can make in exchange for rewards. The necessary information would be generated so that the database of the computer systems can offer answers based on logic, later they would be used to program AI equipment. Bearing in mind that AI is nourished by human intelligence.

  • Although the inclusion of the Tokens ERC20 system could generate unwanted behavior in Cotton Coin's economy, where it can be commercialized with the currency using it for profit and not for growth in the area of ​​the cotton industry. that sometimes you can take advantage of possible adversities.
    Recalling that the ERC20 is the most powerful monetary system, being considered as an ally or collaborator of Cotton Coin, it would attract a large number of investors to the project.

  • A large part of the cotton supply chain would reduce the environmental pollution it generates on a large scale, since when using blockchain as a system there would be an efficient consumption of energy and some operations that require the use of physical spaces would be dispensed with.

  • It is recommended to join the team Cotton Coin talented people with extensive knowledge and proven experience in the area of ​​blockchain technology developers to ensure the permanent updating of the platform, as well as the demographic growth of the ecosystem, the creation of new adjusted dApps to the demands of the user, all through a friendly interface.

  • The most important point would be to create a negotiation system through intelligent contracts that allow the security and transparency of the negotiations, as well as the elimination of the intermediary and the reduction of costs per transaction, always based on the blockchain history widely auditable.

  • Another considerable advantage would be an informative and culturization campaign through a Web Portal that allows the user to document, learn from the branch, as well as the applicable crypto-financial management as the mode of economic exchange that dominates the world.

  • Historically, slavery was used as a means of domination and exploitation of the cotton industry. More than 200 years ago, I liberated the oppression infused on mainly aboriginal peoples, implanting the abuse of power, strength and terror. Today with all the good intentions that Cotton Coin promotes, the doors open to a consolidation of the system and a second liberation of the oppressive force currently represented by corruption, monopolies, mafias, associations to commit crimes, influence management, power struggle, cumbersome agreements outside of legality.

  • With a cryptofinanciero handling of tip and the technology that offers blockchain. I keep reminding you that in the alliance there are the foundations that lead to success in the world of business and investment. I completely agree with the wise words of Mr. @crypto.piotr where he points out the positive of associating with valuable and committed people to achieve collective success.

This writing contest is sponsored by Cotton Coin Technology: www.cottonco.in

This is my article for the contest.

Thanks to:
@crypto.piotr
&
Cotton Coin

Atte. From Venezuela
@nachomolina

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Am glad to say you did a nice work here
You researched well. You deserved the best
On behalf of @crypto.poitr

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THANKS FOR YOUR APPRECIATION TO MY ARTICLE!

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Thank you for recommendation :)

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Eternally Grateful Cotton Coin !!!

Dear @nachomolina

That was a long week and I definitely did not 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. This has been my first sponsored contest and I can safely say that I have already gained and learned so much of valuable knowledge from it.

Regardless if you will be one of the 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 topic of passion).

IMPORTANT:
I have almost 60 reviews to go through and I want to personally read each one. It might take me some time but I will definitely reply to any of your comments.

Also: Im looking for few judges who would help me select some of the best reviews submitted. Please visit my latest post (contest update) for more details.

Obviously upvoted :)

All the best, Piotr

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got it @nachomolina :)
thank you buddy

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I also remind you that I am willing to help as part of the jury. For that I already send the message to your mail ...

I AM AT THE ORDER @crypto.piotr

@nachomolina, this is a great piece, I love the originality in you words. Hope you make it on my list. Good luck!

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Thanks my Friend!

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My pleasure!

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Hi, how are you!
How are your new publications?

Excellent post. I enjoyed it immensely.

Namaste, Jaichai

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Greetings @jaichai!
How do you prepare for your
new publications!
I wish you luck...

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The ritual I've developed over the years:

The prior evening, before going to sleep, I reflect on the day's events.

I ask myself, "What was interesting? What new thing did I learn? What question was left unanswered?"

That's when I quickly jot down a very rough outline (no more than 3 headings) for the next day's article. Then I sleep on it. This allows my subconscious to churn it around a bit overnight.

Upon awakening, I usually know exactly what I should research.

Then it's just a matter of filling out the headings of my outline - making sure that I inject germane, personal experiences and subsequent opinions.

I've found that this process enlists both sides of the brain, helps organize, and saves a Hell of a lot of time!

Namaste, Jaichai

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@jaichai! excellent your really inspiring comment!

Your own method of self-management is brilliant, something that reprograms your mind during the break, it's like an innovation for me to understand!

I congratulate you, you have made me learn something new that maybe I put into practice ...

See you in a next contest!

@nachomolina

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Glad to be of some assistance.

Namaste, Jaichai

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Thanks @jaichai for me it is nice to have met you through this contest!
You have a friend here.
Thank you for your support and I wish you luck in the future.
Keep working on the writing you do very well ...

@nachomolina PRESENT!

Hola nacho excelente post, tienes mi apoyo, saludos

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Gracias nena...

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@wentyth16 I hope to see you soon in a new delivery!
thank you friend for your great support to my blog!

This post is well detailed I'm impressed by how you took your time to pen down something so good. I enjoyed reading it.

Cheers😎😎😎

Amikable

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Thanks my friend!!!

I very much enjoyed the images and story. Allow me to say that I would have prefered to see spaces between the paragraphs. In any regard, one of the more entertaining posts.

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Thanks, I appreciate your words!

You did justice. Thanks for this, friend.

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Friend thank you for your visit the support will be mutual!

Greetings @nachomolina

linia2-small.png

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

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Thanks Cotton Coin

Your piece is quite cute for a quick analysis of what cotton coin has to offer over the process of time

Hopefully you come up strong with the prize

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That such a friend apologizes that I did not answer you!
Thanks for your support, it will be mutual ...

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You dont have to apologizes .................. I understand

@nachomolina which country are you from?
................ and what is the situation surrounding the cultivation and supply of cotton

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Here in Venezuela there are no cotton companies.
The gross domestic product is Oil, Gas, iron, gold and diamonds ...

It would be interesting to join the Cotton Coin cause

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Here in Venezuela there are no cotton companies.
that means the industry might hold prospect for new investment.

So would you like to promote investment into the cotton industry or prefer to venture into Gas, Gold, Iron and the like

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It would be interesting to get involved with the cotton industry, really something edifying for this nation ...

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In my countryAgriculture is not an area of interest to many especially in the south side where I live.

Oil is the monster of the main stream..... but with a project like Cotton coin you can imagine what the trend will turn about be

I am wondering what cryptofinance industry in your country look like? Is it on main stream?

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Negative! In my country there is no culture on crypto-finances.
It is an area in which few of us get involved ...

Hey @nachomolina,
I'm helping @crypto.piotr to evaluate the contest and think that your article deserves to be in the top 10. Very well written, informative and well structured. Keep up the good work!

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Thank you very much your words!
I like that you liked my post I did it with a lot of effort and I had to research a lot of information.
I have a great knowledge about the situation of cotton in the world. It was a pleasant experience ...
THANK YOU FOR YOUR SUPPORT, IT WILL BE RECIPROCAL!

Thanks @nachomolina introducing cotton coin to the world. I read your article and enjoyed your format and presentation. I like what you did with the opening picture making into into a cube. Your thinking is definitely outside of the box.

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Interesante comentario.
Gracias por tu apoyo amigo!

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Denada,

You're welcome

I am generally an interesante person.

Is apoyo different from pollo?
I like chicken :)

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A very charismatic user...

Your review of the cotton coin was wonderful very informative and concluding, i have followed you i hope we can support each other in the future...cheers

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@deeclown Gracias!
Claro que sí, cuentas conmigo...

This is absolutely good write up. I am sorry the comment is coming late. I read your article some days back I am Impress. I will love to learn more about your. I love your style of writing. You should be among the top ten. Well done Sir.

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Thank you very kind friend on your part!
Of course it's good to share the experience ...
First read as much as you can about the subject and then express the meaning with your own words as simple as that!
I hope I have helped you dear friend!

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I'm glad you enjoyed my article!
I have also read yours and it is very good, I congratulate you friend!

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We are at your service! You have a friend @focygray always willing to share ...

@nachomolina

Lovely write up! This is very impressive. You've nailed the proposed topic completely and I have learnt alot from your write up. I wish you success in the contest 😁🙌.

Thanks for sharing this great post with love [email protected] 💗😁🙌

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Thanks for your words!
They are very encouraging, let's wait for the results of the contest ...
You also have my support

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Yeah..thank you 😁💗🙌

i am opportuned to read another best seller from @nachomolina, i wouldn't have forgiven myself if i missed going through this excellent work of yours. I l really love your recommendations for the cotton coin team. I think you deserve to be amongst the lucky few to be rewarded.
best regards.
@antigenx

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Hi @antigenx your visit is an honor!
Of course I also know his work and his career as a writer!
Thanks for your support and your comment
very valuable to me ...

@nachomolina

Hopefully to see you in winners list:)

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Thanks for your good intentions!
I'm indebted...
I wanted to expand the concept of Cotton Coin even more and I wrote new ideas
to share with all of you.

I hope you like my new delivery ...

Thanks for your support, I remain in your hands!

@nachomolina

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Yeah, you explained well I hope you to see in winners list:)

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Thanks again!

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Yes buddy all are appreciating your work, the organizers of the contest too appreciated your work in his latest post. As I'm the judge in this contest I can't revealed my winners list but I can say that you are in my winners list:)

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Ok let's wait for the results!
let's not advance the events!
the important thing is that we participate and each one contributed a grain of sand to the cotton industry !!!

Sure friend we take a pleasant experience very uplifting for all ...

@nachomolina

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I also read your article and value it!

Everyone uses a different style of writing, that creates diversity and in the end they all complement each other because they pursue the same goal ...

Lucky friend! Keep going with the writing, congratulations!

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Okay, but can you tell me from which country you are?

complete and very well documented work. You have my vote as one of the best 10 selected, I hope you continue contributing with good materials, excellent work colleague.

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Gracias amigo! Saludos...