Cotton Coin: Weep not, help is here, cotton farmers.

in crypto •  last year  (edited)

Logo-cott01.png

Man has always tried to find ways to make life comfortable for himself.

During the stone ages, and early biblical times, animal had many uses, among which was provision of clothing to men.

As time evolved, man found ways to create fabrics, and the most common type of fabric we have in this day and age is cotton.

cotton-01.png source: CottonCo.in

For many farmers, growing cotton is an avenue out of poverty, and also a means to take care of their families.

However, for many of these farmers, they face a lot of bottlenecks, from the beginning of planting season, all through harvest and then to the market.

Some of the challenges faced are:

  • Access to funds
  • Access to improved technologies and processes
  • Pollution
  • Insufficient manpower
  • Little or no government support
  • Corruption

Majority of the producers of cotton are in third world countries, and all/most of the challenges listed above are the realities of farmers in these countries.

To improve the supply chain process and improve the lives of farmers, Cotton Coin , drew up a solution, and decided to act, rather than watch.

The blockchain ensures that solutions can scale rapidly, while focusing on their core product and service. With it also comes efficiency, leading to a lower overhead, compared to traditional businesses.

It also ensures that all parties involved in the supply chain can collaborate in one place, and individuals can also relate with one another, transferring value easily.

Cotton Coin also has a backend growers-to-buyers traceability solution, to be used by over 6,000+ companies, managing more than 400,000 transactions each day and reaching 30 million people through the world with the help of our agents and distributors. A front-end B2B dApp helps to authenticate cotton sources, tracks delivery and monitors cotton prices while a B2C dApp assists consumers in buying cotton directly.

With CottonCoin, users can send payment worldwide, within a very secure ecosystem that makes use of an advanced X11 hashing algorithm.

FEATURES

Screenshot_2018-06-30-23-21-54.jpgScreenshot_2018-06-30-23-22-18.jpg

The currency of the ecosystem is COTN, and there will be a maximum supply of 20 million.

Advantages/Benefits of CottonCoin
*It will enable funds to get to where they are needed, giving hope to millions of farmers around the world.

  • Being blockchain based will ensure that payments are faster and also add an additional layer of security.

*Costs involved in getting funds will be lower, and everyone can get involved without restrictions.

  • This will ensure that every step in the supply chain will be more efficient, leading to improved productivity.

  • Cotton is used in nearly 40% of our clothing. Farmers having access to any tool that might get them more productive will be beneficial to everyone in all corners of the world. Helping to put more clothes in our closets, and being a source of income for millions of others.

  • The blockchain will enable the Cotton industry to scale rapidly, leading to massive growth of the industry and astronomical revenues at large.

Screenshot_2018-06-30-23-22-40.jpgScreenshot_2018-06-30-23-22-47.jpgScreenshot_2018-06-30-23-22-53.jpg

With CottonCoin, farmers can get what they want when they really need it. No more government interference, and third parties trying to milk them dry. They can pay for products and services they need in time, and also use them to receive payments. As demand for CottonCoin increases, so also does the value.

Hopefully, this will also reduce the suicide rates, and let cotton farmers know that a solution that really cares about them is here.

To learn more about CottonCoin , kindly click here

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This is nice you made reference for every bit of words that is not yours
Wish You the best

Thanks mate

I enjoyed how you begin. Some of my best times in comfort came after a game of American football or mountain trek. I am not against comfort, just that it should not be the primary focus of many. Cotton Coin empower efforts. I am also glad that you touched upon minimizing third party involvement.

Thanks alot, mate.

I have just seen that you also participated in the Blocktrades betting...
Today I found a Steem Tool that offers even better Steem SportsBets on the Worldcup! I advice you to definetly check it out: https://steemit.com/@bigbets
I wish you good luck!

Greetings @solcross

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

Dear @solcross

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

Hey, I went through your post. Sent you a mail. Warm regards

Concise and short but also highlighting the key points this is good👍👍👍

I love seeing how supportive you are @amikable.

I will be happy to follow you closer and support you here on Steemit. This platform needs people like you :)

Yours, Piotr

Thank you sir @cyrpto.piotr I'm moving towards the greater goal of making good friends and increasing my connections steadily it's a gradual process

Thanks mate

Greetings you have my support!

Thanks mate. Chose you among my finalists....hopefully, i sit out this one.

Very simple and explains everything in a great way. I liked the images. I wish you luck in the contest.

Thanks mate... Same to you. :)

a beautiful entry coming from you @solcross, i enjoyed every bit of it.

Thanks mate.... Appreciate your feedback.

my comments are coming late but I have read your article and I nominate yours to be one of the top ten. Great write up.

Thanks mate. Trust all is great with you. Cheers