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Christopher Dean
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Christopher Dean   My Press Releases

FoodCoin can help

Published on 12/15/2017
For additional information  Click Here

FoodCoin Ecosystem is a blockchain ecosystem, architecturally designed to create a global marketplace of food and agricultural products based on our experience with the active 1000 EcoFarms platform. FoodCoin Ecosystem will be based on the Ethereum technology

We believe that a wide selection of FoodCoin Ecosystem component tools will be used by the farmers, agricultural equipment manufacturers, farm product processors, food manufacturers, cafes and restaurants, food delivery services, and other consumers and producers of food and related products to reduce transaction costs, achieve greater efficiency and optimize food systems.

The tools included in the Food Ecosystem include:

  • “Smart” wallets
  • Digital ID services
  • Product origin authentication
  • Crypto payment processing
  • Customizable platform for users

 

The Blockchain phenomenon is gradually settling into people’s lives, making it imperative to understand its applications and limitations. Today, we’re going to discuss how Blockchain can make the food industry better.

Our current food system offers a fertile opportunity to explore how the Blockchain technology can interact with our ecosystems — both human and ecological — to add value to our lives. Fortunately, a number of startups are already hard at work in this area.

After the introduction of Ethereum, altcoins became a popular way to showcase ideas for new cryptocurrencies. We are currently in a period of hype, where many developers are proposing crazy ideas to solve either nonexistent or trivial problems. It’s vital that society and developers focus on applying Blockchain to relevant and important projects, rather than assuming Blockchain technology is a one-size-fits-all panacea.

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