Cotton Coin, Saving the Cotton Farming Industry

in #contest6 years ago (edited)


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The Problem in the Cotton Industry.

Cotton is used in the textile industry for the manufacture of fabrics, it is the main product for the manufacture of clothing, bedding and other accessories widely used in our daily lives, it is a product in great demand which is why it is also known as the white gold.

However, cotton farmers in third world countries are going through a series of problems associated with poor government policies, global warming, late payments, resistance of plants and insects to pesticides, debt, corruption, among others. Factors that have caused hopelessness and distrust among farmers and all those involved in the cotton supply, processing and distribution process, causing some farmers to make the decision to commit suicide as a way out of their problems, that or they have left their jobs to find new ones.

What is Cotton Coin?

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To restore the confidence in the cotton industry Cotton Coin with its cryptocurrency COTN, presents an alternative using the benefits of blockchain technology to carry out transactions that allow integrating all those involved in the process from the time the farmer sells his product until it reaches the consumer. The transactions are made between the seller and the buyer immediately, without intermediaries that may influence the operation.

Another advantage of Cotton Coin is that it will help authenticate the cotton sources, we can track the delivery and control the cotton prices. This will allow us to improve the distribution processes and generate trust between companies, consumers and the supply chain. For example, a farmer who wants to sell his cotton with Cotton Coin will be able to offer his product at the best market price and the buyer will pay him instantly, without the need for banks and other financial institutions to be involved, and it will be done privately so that the transactions can not be traced.

Support Cotton Coin

Let's support Cotton Coin, a cryptocurrency to make safe, fast and reliable transactions that I am sure will help solve many of the problems the cotton industry is facing, saving lives in the process.


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Every day,new coin....

Thanks for the support. Greetings.

This is a good entry all rules observed

It is a good short but precise write up on cotton coin. I love the fact that you talked a little more about how it operates with the sales of cotton by farmers and the third parties involve. I guess it covers all third parties like Government policies, delay payment etcetera. Good luck with Cotton coin.

Thanks for the support, this project is going to be very successful and I like to be able to support it.

Gracias por la información amiga @maeugenia. Muy actualizada y relevante. Saludos

Gracias amiga por el apoyo. Saludos.

Greetings @maeugenia

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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.

Best regards, Cotton Coin Team
Cotton Coin

Hey @maeugenia

great review of the cottoncoin project. A bit short, but very precise showing the actual problem and possible solution for the cotton industry. Keep up the good work!

Thank you, I like to support projects that help the community.

Removing or making third party intermediaries more efficient is more advantageous than the average person realizes. Human resources are obviously the greatest asset that human beings work with. Anytime we free up (or remove a harmful entity) someone to better use their talent, the world benefits. This is an exciting aspect of blockchain technology. Glad you were a part of this competition.

Thanks, with this post I learned about this wonderful project and I was able to know about the problems that the cotton industry is going through.

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

Cheers, Piotr

I wish you luck as you slide to success with this content

Thanks for the support, Regards.

Oh...... your welcome anytime.
what country are you from?
Is there a buzz around agriculture and cotton cultivation in your country

This is very impressive. Very short and precise. Nice write up. I wish you success in the contest.

Thanks for sharing this great post with love from@hardaeborla 💗🙌

Thanks for the support, this project is going to be very successful and I like to be able to support it.

You are very welcome 💗

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