I trust Cotton Coin would save lives in the Cotton Industry

in cottoncoin •  last year  (edited)

cotton-title1.jpg

When I look at this picture from the [Cotton coin](https://cottonco.in) site my memory drifts back to 1995 when they were reports in the newspapers and the media about the poor working conditions of the Cotton farmers little has changed ever since. Over 300000 farmers have committed suicide due to the hardships faced.

The fate of the farmer always hangs in balance. Often the crops are poor due to a number of reasons. Choice of seeds, wrong sowing time, poor rains, inclement weather due to climate change etc.
So he gets little money for his produce.
However even when his produce is good there is abundant cotton everywhere as a result the cotton prices drop and there are no takers for his cotton.
In either condition he suffers.
A major reason to blame for his condition is the cotton industry which has neither structure nor transparency. As a result the industry lacks free flow of information.
Even the governments want to help the farmers and industry but little help is getting delivered to the farmers as there are middlemen who never let the benefits reach the farmers.
This is where Cotton Coin Comes in.
It is a blockchain based project. The blockchain would give a structure to the industry and let the information flow freely.
The Cotton Coin project has 3 distinct features
3 features.jpg

a) Instant Payment System
The Cotton Coin token can be used as a mode of payment and be used as a way to deliver payments instantly and bypass the corrupt individuals blocking payments to the rightful people.

b) Versatile Traceability System

Versatile T.jpg

A versatile track-able system would help create a system where information can flow in a structured manner and the flow and movement of goods can be validated and traced and tracked.
In this way both confidence and trust can be build in the system and between various interacting parties.
c) Industry Management Tool

b2b-dapp1.jpg

As for those working in the Cotton Industry in various roles a B2B dApp would give them a simple to use mobile interface to track the movements of cotton supplies and validate the receiving of supplies at each stem from the farmer right up to the consumer.

The governments can use the data to formulate policies and ensure the benefits reach the farmers.
To help involve the end user there would be a B2C app that the consumers can use to track the quality and the details of the cotton product that the consumer is purchasing.

kea features.jpg

For more information please refer to the following links
Website:https://www.cottonco.in
Whitepaper:https://cottonco.in/wp-content/uploads/2018/06/Cotton-Coin-Whitepaper-02062018.pdf
Steemit: https://steemit.com/@cotton.coin
Facebook:https://www.facebook.com/Cotton-Coin-COTN-462763754153370/
Twitter: https://twitter.com/CottonCoin?s=03
Telegram:https://t.me/joinchat/AAAAAE72k5i5j4jsyZo5kA
bitcointalk:https://bitcointalk.org/index.php?topic=3912330.new#
github:https://github.com/cottoncoin/cottoncoin
discord: https://discord.gg/MMFPctU

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Nice work
Make your link a bit neater and attractive
On behalf of @crypto.piotr

steemit not letting me change/edit post

A producer’s plight must be the concern of a consumer. It represents things to come. Manifestation may be different but problems in the supply chain ripples.

Greetings @chillpill

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

Thanks @cotton.coin for the acknowledgement

Hi @chillpill

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

Great review @chillpill, Thank you for taking out time to participate in this contest. Good luck!

Thanks @ajongcrypto for the Good Luck! I wish you the same

Yeah, thanks too!

Hi there, thank you for entering the Cotton Coin contest. I am helping Piotr review some of the posts. I have reviewed yours and I think that it's a good post; you have good content, you present good background and information on crypto as well as solutions that can be offered by adoption of crypto. I would just format your sentences differently, they are jumbled in the beginning and it isn't visually appealing but otherwise it looks good!

  ·  last year (edited)

Thanks for your comments.
Would take your advice for my next posts. I think I felt very emotional writing the post because of what is happening to the farmers.
Thanks

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by chillpill from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Thanks for sharing the news of cotton and the technology of cotton coin with us.

You are welcome

brief and straight to the point, this is a great review about cotton coin @chillpill.

Yes it is a pressing issue and thats why I chose this way of writing

Lovely write up! I have learnt alot from your write up about Cotton Coin. This is very impressive. I wish you success in the contest.

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

Thanks for the encouraging words. They mean a lot I wish you success too.
Would surely visit your profile and read your posts too :)

You are very welcome 💗

Good morning @chillpill

I hope this monday will be good for you :) Just wanted to express again how thankful I am for your latest support regarding participating in my little Cotton Coin contest.

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

ps.
I've noticed that you've not been very active lately and you didn't really reply to any comments below.

Hope you didn't abandon Steemit completly.

Yours
Piotr

"Hope you didn't abandon Steemit completly."
Na not a chance. Just that ones responsibilities in the real world can keep us busy at times. This was one such instance.
Thanks a lot for reading my post. It was a difficult topic because there are so many lives involved. If crypto can save lives then it would be wonderful.