Greenbit: Can Blockchain Revolutionize Agriculture
Recently, we went to a nearby village resort to spend some time over there in peace, away from the hustle and bustle of the city. Just beside the resort, there was a farm where different crops were being grown.
Being the curious soul, I decided to visit the farm and see exactly how the items that we eat every day are being grown.
After going there, my perception of farmers changed completely. Not because agriculture is a laborious task, but for the hardships that they have to face.
After speaking to one of the farmers, I realized they are often poorly paid for their effort. Further, there is no direct market where they can go and sell their crops. This leads to the wholesalers and retailers gulping down a huge chunk of the profit that should have been received by the farmers.
This is a serious problem that exists. The discrimination needs to stop.
With this as their primary aim, Greenbit, the world's first global agricultural tokenization platform is all set to change the scenario.
What is Greenbit?
Greenbit has identified all the above-mentioned problems and come up with a solution to it. It is the world's first platform that will integrate and improve global agriculture by using blockchain.
Greenbit will create a new platform for the world agriculture economy. This will be achieved by creating worthwhile tokens.
Also, the major problem of farmers is payments. So the first thing that needed to be changed was this, and Greenbit has done exactly that.
Greenbit's cryptocurrency ecosystem will help in swift transactions between all entities involved in the industry, thereby improving the payment scenario and speeding up businesses.
Greenbit will also help investors all across the globe to find the proper farm to invest in so that they can invest in the correct places and earn great returns.
This is just some many wonderful features that Greenbit and its team have crafted carefully for a better tomorrow, and a better agriculture industry.
How does it work?
Earlier, the farmers got their payments once the farm owners received the payments from the wholesalers and retailers. This delayed the payments and slowed down the entire market.
Now with Greenbit's new payment mechanism, the payments will be cleared in the blink of an eye using cryptocurrencies, and therefore the entire sales process of the industry will speed up.
Not only this, the betterment of the farms depends on the capitals they have. Investors weren't willing to participate in this earlier due to insufficient knowledge, but now with Greenbit, the investors can find the right farms for investing and help the farms to earn their capital while the investors can earn some great returns for himself.
A win-win situation for both!
These are just a few of the many ways in which Greenbit changes the industry!
About ICO
The Greenbit or GBIT token is the altcoin of the Greenbit platform.
The total number of tokens to be sold is 3,333,333,333.33.
The project is currently priced at $0.30/GBIT, accepting BTC, ETH, and BCH.
The project is hard capped at 2,166,666,666.645 GBIT.
The maximum bonus during the ICO period is 30%.
Verdict
The agriculture industry has been crippled by many challenges for a long time. Slow transactions, no proper channel for the farmers to sell crops, and low payments to the farmers exploiting their helplessness - all these were pretty common for a long time. Mostly, the farmers were on the losing end.
But such discrimination should not be allowed for a long time.
This needed to stop, and Greenbit's solution has done exactly that.
Greenbit has created a whole new platform for the agriculture industry where all the participants can interact with each other, and trade. Not only this, the payments system has also been totally reimagined with cryptocurrency. Now payments can be done almost instantly, without any hassles. This will speed up the entire industry, and help all the entities in receiving proper, timely payments.
Along with this, Greenbit will also help the investors across the globe in investing in a whole new and exciting industry, where they can help the farmers on one hand, and earn great returns on their investments. This will further help in the development and betterment of the farms.
Greenbit has introduced the much-needed changes in one of the world's largest and most important industry.
Truly, this is a revolution!
Website: http://www.greenbit.in/
Whitepaper: http://greenbit.in/assets/images/GREENBIT%20WHITEPAPER%201.1.pdf
Blog by ollivander7
Profile: https://bitcointalk.org/index.php?action=profile;u=1069616