Cotton Coin Based Blockchain Technology as Self Healing For The Cotton IndustrysteemCreated with Sketch.

in #cottoncoin6 years ago (edited)

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Introduction

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Cotton in human life has an important role in one of the primary human needs. Namely as raw materials of clothing. As a layman who is not very familiar with cotton-related matters, farmers and industry ,may think it is no matter. But it turns out many problems that occur related to the cotton industry and especially the welfare of farmers. Cotton is important keywords in the world fashion industry and bedding. Fashion mode that's constantly changing every time makes the need for clothes manufacturing also increasing. So it can be concluded with certainty that the needs of raw materials also increased. But why, the welfare of cotton farmers declining?

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Indonesia is the country where I live and the cotton requirement in our country is 100% imported. Indonesia as a Subtropical country is very difficult to cultivate cotton plants. In Indonesia cotton can grow, but there is one trait that will affect the characteristics about price and quality. Cotton when planted requires a lot of water, but when fruiting should not be exposed water and rain, while in Indonesia the rain can not be predicted, can come anytime. This is just one example of the need for cotton in our country, not yet in other subtropical or tropical countries. Then prove, that cotton is one of the most important commodities in the world industry today and later.

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The problems that occur in the cotton industry has widened not only in the realm of cotton farmers, but also distributors, governments and customers. Various cases of cotton farmers in developing countries like India, as if covered with glamorous fashions. It's so disappointed, according reported by CNN in 2015 farmers group in Vidarbha, India, Vidarbha Jan Andolan Samiti (VJAS), as many as two to three cotton farmers committed suicide every day. Vidarbha, located in the eastern part of Maharashtra, is known as the center of a suicide crisis with a total of 2,900 suicidal peasants since 2013. They chose to kill themselves because of depression with increasing debts and crops that are far from predicted. Despair due to high rainfall and must compete with the abundant harvest of other countries to encourage price drops while costs continue to rise. This is like a sad story for those of us who just know it, but for those who are among the cotton farmers in Vidarbha these are the days that are often encountered.

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Cotton Coin Technologies is a cotton industry revolution, by launching a digital currency SMTs called COTN. Designed to free the industry and as a solution to the problems many cotton farmers face. Cotton coin comes to heal the world cotton industries and make it better place for farmer, distributor, and consumer. Cotton coin is the answer for healthy and prosperous cotton industry, which is filled with corruption problems, lack of government attention, low quality of cotton, environmental pollution, workers and farmers conditions far from being feasible. As a humanitarian effort to give hope, save life and make money. Cotton coin is not created for certain countries but for all countries in this part of the world that contribute to cotton. Cotton coin like hail in summer can be a cooling for the cotton industry that leaves the story of farmers.

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Blockchain technology going to revolutionize the cotton industry.
Blockchain as an amazing system in the digital world today comes as a healer for the ravaged world of negative things, which justifies any means for a purpose. Decentralization on the blockchain system cuts it all off. There will be no more cheating because the system prioritizes of transparency. All can be seen by anyone. Maximum security because control exists within the respective owners instead of those in power. Cotton Coin Technologies, provides a freedom solution for farmers, distributors, consumers within a blockchain ecosystem, for a viable future life. That is why the cotton industry today requires a decentralization of the blockchain system. Because blockchain is able to provide transparent data without third-party manipulation of shipments, cotton prices, cotton distribution, procurement issues, as well as combating corruption, creating fair trade, and most importantly building trust among cotton suppliers, consumers and market authorities in the country growing, especially about the welfare of cotton farmers.

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Cotton Coin that runs on a blockchain system creates trusted transactions, combining consumers, retailers and authorities within a single ecosystem. The peer-to-peer payment network (P2P) is an alternative fiat currency used for direct payments. Efficiency because the transaction is done and completed at that time.

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For example the case of a cotton farmer in India will be greatly helped by the existence of this Cotton coin. In the past they would have trouble selling their crops. And will go through a long process to get to the end customer. Through the process of distributors who sometimes likes to outsmart prices and with indirect payment or delay down payment. Whereas cotton farmers desperately need a quick payment of money, to pay the loan where used as the cost of managing the lagan. But in the presence of Cotton coin based blockchain they do not need to worry anymore. With the concept of smart contract P2P make farmers can directly choose on the distributor or customer where he will sell the harvest. He can also see the reputation of the buyer who will buy his crop. And most importantly without any third party interference, without delay down payment because the transaction is directly done from the wallet, efficiency and completed on the spot. Farmers can see price developments directly from the majority market. That way the farmer will be able to directly pay the loan done for the cost of land management. A slow process will slowly improve the lives of cotton farmers. The bright faces of the peasants will shine as the glamor of the "White Gold" another term for cotton. Cotton coin is present as a new atmosphere for cotton farmers and all related to the cotton industry. Even here Between farmers as users of cotton coin also the users of the cotton coin blockchain can get rewards from every transaction made. As well as getting 2 advantages in one go.

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Benefits can Cotton Coin bring to the world cotton industry specially the third world countries. As a technology capable of providing reliable data for each user can not be changed or corrupted by a third party because all transactions are done transparently. Also through applications offered from B2B and B2C dApps help to authenticate cotton sources, tracks delivery and monitors cotton prices. It will further accomplish the goal of this cotton coin to combat corruption which is always an important issue in the industrial world in third world countries will also increase the value of global economic growth.

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Conclusion

The cotton industry with the chaos requires a technological solution for the continuity of healthy existence. Because sparkling fashion that continues to grow it has an imbalance in farmers as a producer of this important commodity. Cotton coin through SMTs that's COTN, present to fix it all. Transparent transactions, fair data providers, safety on distribution systems, transactions that can be completed on the spot, freedom from any cotton industry subjects such as farmers, distributors and customers without third party interference. Smart peer to peer P2P through applications offered from B2B (role based dApp for Industry, refine house, packaging house etc) and B2C (cunsomer mobile dApp for view the history and characteristics of the cotton they intend to buy) this media application can be a bridge for each user that is freedom of choice for farmers to distributors or customers where can sells their crops and vice versa. Because the reputation recorded can be a determinant, whether or not the intended users. Cotton coin has a great functionality as a supply chain, with convenient, secure and easy payments for all of the participants in the supply chain.

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I really grateful for Mr @crypto.piotr that gave me chances to join this great contest. I know that I am not do the best but I have tried. Also thank you for the @cotton.coin that make a beautiful life for cotton Industry in whole world and maybe next this project will impact for another industry. For information of this contest can visit this link here. And if you want to know about Cotton Coin you can click here

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For more Information & Resources:

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

Cotton Coin 2018, a better life for Cotton Industry

Best regards,
@dwiitavita

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@dwiitavita your post is for sure one of my best pick it was so precise and simple to understand.
On behalf of my friend @crypto.piotr I wish you best of luck

Thanks for your appreciation of my article @maxiemoses-eu and also thanks for visiting my blog

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Ur welcome cheers
Maybe you might one day join the supply chain of cotton
...with @cottoncoin as your best blockchain solution

Absolutely, if I had a chance and ability maybe I will do it. Thanks for your attention @maxiemoses-eu

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Absolutely, if I had a chance and ability maybe I will do it.

what country are you from................. what is the state of the cotton industry like in your country............... dont you see prospects?

I am from Indonesia @maxiemoses-eu
Indonesia is the subtropis area, and in my country cotton can grow up but there is many problem can't make a good quality of cotton crops. In indonesia rain cant predicted so here the one problems that in my country can't product of cotton and always import from another country.

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waoow..... so your country depends largely on import
.........that been the case
Cotton coin can still be beneficial to your country
........using it peer2peer platform could aid the import processes

would you like to venture into venture into the cotton supply chain

Yes for cotton commodity, our country always import. I think you're right if my country also need cottoncoin for more valuable transaction and Distribution. Because have the same cases about corruption by government and others subject of cotton Distribution

Can you tell me how you created this wonderful article..? Sis, please tell me the way in WA, i m really curious 😊😆

First you can read the rules of this contest and you can read about information of cotton coin project by read their white paper. So you can write about cotton coin project with your own words.

Greetings @dwiitavita

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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

Thank you @cotton.coin for submitting my entry

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Hi @dwiitavita

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

Thank you Sir @crypto.piotr this really amazing for your contest. From 15-20 article that you expected, you got almost 60 article. I am happy can be participating in your contest Sir. Like I say before that I spellbound with your personality "humble and respect with everyone".
No matter for me can be nominated or not. I really enjoy for joined your contest. I've got new knowledge that I never know before. Thanks so much, hope God will blessing you and your day

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Please accept my appplogy for such a late reply @dwiitavita

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

It's OK Sir @crypto.piotr I know you'll busy this week... Have a nice day

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I love to see how responsive you are @dwiitavita

Steemit need people like you!

Cheers, Piotr

I really grateful about your chance that you give to me. And I like to engaged with all steemian, being responsive to make a friend's. Thank you Sir @crypto.piotr

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I love the fact that you gave it your best shot, and put in a great shift. Recommended.

Thank so much Sir @solcross about your appreciation for my article.

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The cotton and much of the world’s economy is certainly out of balance. Nice conclusion. If social media has made millennials astutely aware of the imbalance, blockchains can empower their children.

Thank you @machnbirdsparo for appreciation my article. Regards

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Dunia ini segera menjadi dunia koin. 😀

Koin akan menjadi bagian dunia kita 😀😀😀

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Next off I like to ask, how is the cotton industry sliding in your country

this is a lovely work from you @dwiitavita, i also loved your pictures and user cases. They were outstanding. kudos

Thanks so much about your appreciation of my article @antigenx also thank you for visiting my blog
Regards

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Great article, definitely one of my favorite. I like that you explained everything very clearly, thus your article will be understandable for people who don't know much about blockchain. Thank you for your engagement and professional approach. I wish you best in Piotr's contest!

P.S. I followed you and hope to see more interesting content on your profile :)

Really grateful about your appreciation for my article @neavvy and also thanks for your kindness with following me
Regards and hope you have an nice day

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