Fishcoin: Revolutionizing The Seafood Industry

in #ico6 years ago

In the current market, there is a massive transition in the world of seafood industries. From the historical time, the seafood products are collected, processed, vend, shipped, imported, exported, sold by the wholesale vendors, and finally, it is available for us in the market.

In the recent time, most of the agricultural industries are using new technology and innovations for making their industry efficient, but the seafood industry is lagging behind in this. The physical seafood products are carried using global supply chains, but they don't transfer the relevant data with them. This issue of not getting proper data create a huge problem for people related to the seafood industry, they are unable to manage the stocks and sale of seafood which is very important part of a business. If this situation continues, then in coming years the seafood ecosystem will be collapsed.

The Governments are aware of this problem, they have even taken some initiative for proper maintenance of data. Universities and some NGOs are even searching solution for this problem to help the seafood industry and share more data. Even some companies are focusing on their data and validation. But, all these solutions are not enough for solving the big problem of seafood industries. The problem is originated from small fishers to the retailer, they is no single person to be blamed, in such industry no one could be trusted for proper flow of data.

The decentralized ecosystem can help the seafood industries for removing the problems from the root cause which involves proper sharing and maintenance of data. The blockchain is a powerful solution which could design and serve the data flow of the industries with proper jurisdiction on it. Therefore, the technology of blockchain and the seafood industry have to come together for creating a platform which will be targeting real issues of the seafood market.

Hence, the platform of 'Fishcoin' is initiated. This platform is not meant for abolishing the existing systems of dealing with seafood industry, but it will help in maintaining the data and their flow, with incentivized methods.

Solution offered by Fishcoin

The Fishcoin is an ecosystem which is designed to cooperate the data flow and record which is associated with the seafood industries, moreover, it is an initiative for making the seafood industries efficient and more valuable. Each value from harvest to validating, everything will be stored in the platform of Fishcoin. Everyone who is involved in the process of seafood will be getting rewarded with Fishcoin tokens in parallel with real-world fiat currency trading.

The following are the data validity and attributions of Fishcoin platform

1. Data access smart contract

The data is held under the vision of smart contract platform, the address which was not associated with the mentioned data, if they want to access it, then they need to pay fee for it in form of Fishcoin token and have to go from various validation process of smart contracts.

2. Validator smart contract

These smart contracts facilitate the seafood industry with the advantage of validating the transactions between the receiver and sender. Moreover, it keeps the full record of the people who are involved in the transactions.

3. Data access smart contract

This smart contract contains data and address of the data custodian. It even validates the data which is feed on the platform.

4. Whitelist smart contract

It is a smart contract which contains a list of addresses which are whitelisted for the transaction of Fishcoin and it even checks for validation of sender and receiver with whitelist data.

5. sub-custodian

A custodian of smart contract who has right for accessing the data and adding the data.

6. addData function

It is a function which is called when validating a transaction that does not start with the chain of a custody or called by sub-custodian.

7. addSubCustodian function

It is a function used when a sub-custodian is added to the platform.

8. changeOfCustody function

It is a function which is only accessible by a validate smart contract for changing of a custodian.

ICO details for Fishcoin

The fishcoin token will be allocated with the vision of raising fund and investing it in the network to support the market growth with their various stakeholders, investors, and other people associated with the platform.

Conclusion

The seafood industry is vast in nature, and it offers an ocean of opportunities. The platform of Fishcoin is developed to initiate the proper maintenance of the seafood industry without hampering their traditional fiat currency business. Thus, the Fishcoin ecosystem will get huge success in the world of seafood business.

Website - https://fishcoin.co/

Whitepaper - https://fishcoin.co/files/fishcoin.pdf

ANN - https://bitcointalk.org/index.php?topic=3119365.0

Telegram - https://t.me/fishcoin

Published by – Etheran

Profile - https://bitcointalk.org/index.php?action=profile;u=1108165

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