Cotton Coin as an aid to the cotton industry
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Cotton Coin as an aid to the cotton industry
Firstly, I will love to thank @crypto.piotr and @cotton.coin for organizing this great contest that in addition to letting us know about new alternatives, will help Venezuela, a country that is currently suffering a severe humanitarian and financial crisis.
You can enter this contest by clicking here
What is Cotton Coin?
On the website we can read this quote:
"Cotton Coin integrates consumers, supply chain participants and authorities in one ecosystem. It helps to authenticate cotton sources, track delivery, report issues and monitors cotton prices"
Basically it is a new initiative, which uses the power of the decentralized network to provide a new alternative to all the people who work in the cotton market. This is done through the implementation of a new means of payment, this being the cotton coin, a new currency that provides very positive and safe alternatives, including:
- Payments on time without delays
- Transparency in transactions, since each operation can be seen publicly.
- Globalization, the possibility of carrying out operations worldwide, shortening distances and decreasing the payment of taxes for transactions.
- It monitors cotton prices, and maintains control of when materials are delivered and received, generates a report and maintains producers, buyers and consumers in the same network.
The industry and producers will benefit greatly by reducing costs, being in more direct contact with stakeholders and saving money and time, since avoiding intermediaries -like banks- in these transactions means more money to invest in your products, in innovations and in a better quality for your final product.
Cotton Coin solves these problems by being a digital medium that provides instantaneous, transparent payments and provides the total transparency and security of the blockchain.
In this way any authority, businessman, government or interested person gains more confidence because the transactions are public and are in sight of everything, nothing is hidden and everything is transparent, generating high levels of confidence.
Cotton Coin is a technology that ensures that the cotton related data can not be corrupted or modified in any way. It is one of its strongest benefits that provides security and confidence for all.
Basically the use of Cotton Coin also ensures that the Cotton Farmer and Producer transact successfully after they both agree on their trading price and get paid in a timely manner.
You can find references to Cotton Coin by visiting:
Be happy, give smiles and harvest joys.
Thanks
¡Until the next post!
Note: This content has been checked using http://plagiarisma.net/, guaranteeing that it is a 100% unique and original material
This work is under a Creative Commons Attribution-ShareAlike 4.0 International License .
Your post got me thinking again about how much the media needs to inform the public of blockchain as a logistic solution.
and if you see, it is a necessity and an important solution in steemit and other networks like this that allow to get important information to people, by people who really produce important content, simple and useful for the community. I always try to focus on providing that kind of simple and simple things so that people have fun and receive the information without many processes, without getting tangled up, but it is only possible thanks to people like you and comments as good as yours. follow and upvoted.
Greetings @reinaldoverdu
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
Greetings @reinaldoverdu
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 there, I am helping Piotr review some of the Cotton Coin entries and I've reviewed yours. I think yours is well written, has good content and is informative. I also appreciate that you did not plagiarize the material and properly quoted it and gave reference. I will vote for this one in my top 10 that I've reviewed. Thanks for the entry! I hope you learned from this, I certainly learned a lot and continue to learn as I interact with everyones entries.
Thankyou very much @cmplxty, good work. I just write a easy to read articles and try to keep it the more simple to read and understand, for the people that are seeking new chances and opportunities of investment. I think CC is a good one, and personally i will like to invest if i has some capital. Continue with the great work, i am helping Mr. Piotr selecting my best 10 ones too. Brofist for you!
Hey @reinaldoverdu, great that you are holding or contribituing
to those great contests here on steemit. This is very valuable for this platform.
We would love to invite you to our Discord server.
On our discord you can find more people like doing contests
and you are possible to promote yourself and your current contest !. Keep on Winning ! ;)
http://discord.gg/B6CxGGS
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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Reinaldo from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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Hi @reinaldoverdu
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
very nice, I will try to make some article of those topics, I am fascinated by psychology, human behavior and those things, so I will try to write some of that soon. I am very grateful for your support, I already answered the email and I am waiting for your answer, because for me you know that it is very important. every time that time allows me, I will be supporting you in your content bro !. a big hug and I await your response to my mail.
Please accept my appplogy for such a late reply @reinaldoverdu
Past several days has been very hectic and busy and I didn't have enough time to reply all received comments. Usually I have time to do that on weekends.
Thank you for your never ending support. I appreciate it a lot.
Im glad to know that we share more interests :)
Yours,
Piotr
No problem, i know both of us are having very busy days, take your time and relax sir. :D
Very simple and straight to the point. Love what I've read, good luck!
Thankyou very much, i made it simply, so people that has long time to read just can learn fast that they need :), dont wasting time. Thankyou very much for your comment and support!
Welcome, I appreciate it, hope we do look into and support this project.
This post has received a 0.78 % upvote from @drotto thanks to: @reinaldoverdu.
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