Cotton coin- Advancement in cotton industry

in cottoncoin •  11 months ago

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First, i will like to thank @crypto.charity and cotton coin for this wonderful contest

Cotton
Cotton is the most important commodity in the world which exist everywhere in various form i.e clothes ,bad sheets etc but given less value.
In general, agriculture is been look down upon as a result of the so called industrialisation am not saying industrialisatiin is not good but agriculture should not be neglect.
The farmers should be rishest in the world but infact they are the poorest. The benefit in agriculture is uncountable likewise the benefit derived from cotton is numerous apart from clothing
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The purpose of this write up is to know how Cotton Coin is able to disrupt and improve the cotton industry around the world by helping both the farmers and their customers

Before going there what is cotton coin technology
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. Headquartered in India, the company and The Cotton Coin project is managed by a team of professionals, spearheaded by Jingle Infosolutions Pvt Ltd.

1.Why does the cotton industry need blockchain and how can this industry benefit?

A blockchain is a secure digital ledger that enables companies to transfer assets across the internet with increased speed and reduced interference. The technology can create a unique digital record that verifies, tracks and traces each step of the process, without the need for software.
With blockchain i believe the cotton industry in general will flourish
Farmers welfare will improve
The blockchain is needed to simulate trades since the world is changing in term of technology, the cotton will eventually need blockchain

2.What are some of the problems Cotton Coin are trying to solve? And how do they want to achieve that?

I believe they are trying to improve the trade of cotton by taking cotton industry to a new level.
They are also trying to improve agriculture and they are using blockchain to achieve that

3.How does it improve trust with consumers, retailers and authorities?

They can improve the trust of the consumers,retailers and authorities by been trustworthy.
Trustworthy in terms of quality, quantity,costumer services and so on.
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4-What benefits can Cotton Coin bring to the world cotton industry specially the third world countries.

The third world country will bebefit the most from this integration because thet are mainly agriculture based countries
With the cotton coin the third countries will have access to world market in turn will help them develop their economy leading directly or indirectly to economic geowth

5-How the cotton coin can be used to bridge the gap between the buyer and the producer of cotton.
The cotton coin can be use to bridge the gaps between buyers and selker through many platform example steemit is good example with these sites trade can go on with seeing the producer nor the consumer and transaction take place
The bank also can act as an intermediary
On line shopping is another way
6-How can Cotton Coin be used to ensure that the cotton farmers and producers be paid the correct buy price and get paid in a timely manner.
By establishing a form of exchange which include all factor which affect production from the farmer aspect and also from the producers side so as to ensure equality

Website:www.cottonco.in

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While I do feel a sense of trust from the image of the hand wearing a glove and holding a coin, I must ask: Is there a deep significance.

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The glove is implying cotton and the coin= cotton coins

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My computer does not have the best graphics. I initially thought medical latex glove. Upon a closer look I can see the fibers :)

Greetings @oclinton

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 07/07/2018.

Best regards, Cotton Coin Team
Cotton Coin

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Thanks

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Greetings @oclinton

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Just a small update.

Results will be announced on saturday 14/07/2018 (instead of 07/07/2018). This contest turned out to be a huge success and it may take us more than a week to read all reviews.

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 @oclinton

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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Thanks i really appreciate

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I love to see how responsive you are @oclinton
Steemit need people like you!

Cheers, Piotr

Headquartered in India, the company and The Cotton Coin project is managed by a team of professionals, spearheaded by Jingle Infosolutions Pvt Ltd

It is not death or pain that is to be dreaded, but the fear of pain or death. Epictetus
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very well said @beautifulklare

thank you for your short but valuable comment

Yours
Piotr

Thank you for taking out time to participate in this contest.

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Thank you

Hi mate, i entered the competition as well and was going through the entries one by one. You have done an excellent job of reviewing the project and it was definitely worth reading. Great post and good luck to you.

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Thank you

Resteemed by @resteembot! Good Luck!
Check @resteembot's introduction post or the other great posts I already resteemed.

Worth reading

This is very impressive. You've said it all. Cotton Coin will actually advance the Cotton Industry. I wish you success.

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

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Thank you

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U are very welcome 😁💗

wonderful explanation, please try editing the website link to www.cottonco.in

Thank you for your participation my dear @oclinton

Please I suggest you Use bold Fonts for the Topics or sub-topics to be it Bigger

an impressive entry from you @ oclinton, apart from the website, you didnt put additional information that can be of benefit to users.
wishing you good luck @ oclinton

Hi there @oclinton

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