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.

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

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