A digital instrument that gives holders the right to acquire agro goods and services and trade same in the crypto currency exchange market.
The Central Farm Network (CFN) a network of GREENBIT token holders which offers its holders a residual profit-sharing from the central market and farm revenues up to 45% monthly.
Agro block: it’s a decentralized online market place with the use of GREENBIT Token platform for connecting agro farmers, investors, merchants, industries and consumers in one market, creating trust, swift transactions processes and all in one market.
Escrow Proof: It’s the third party that monitors the compliance with the obligations between GREENBIT and its Token holders (investors) with assurance and protection of secure transactions and project actualization.
The company receives a guaranteed repayment at a certain stage for the implementation of its projects, the investors minimize their risks in the event of cancellation of transaction or fraud and a third-party which is the escrow agent, ensures absolute commitment of obligations with smart contracts and is responsible for its proof-of-stake and reputation.
Cryptoagronomy: a socio- economic relationship in a decentralized digital society based on using network protocols and binding smart contracting on agricultural transactions.
It creates a decentralized environment that deals on digital transactions, digital assets and decentralized social security, crowd-funding system, online trust and reputation for agricultural transactions.
SUMMARY:
The Financial world is being disrupted and overtaken by the blockchain technology through the adoption of various crypto currencies. The old ways have changed and GREENBIT is developing a one stop market for economic and agro-allied businesses with a distinctive digital currency ecosystem.
GREENBIT is designed to create worthwhile tokens through the global agricultural economy and build a platform for the world agricultural processes to run and have its own ecosystem in one market. How? Through a dedicated blockchain community!
GREENBIT is created to merge foods, healthy products, strong universe, jet age advancement in technology, and at the same time leverage on the advantages of Agriculture, world Economy, and technological exploits.
GREENBIT is creating a crypto currency ecosystem from the orthodox agro transaction processes between agro-allied industries, industrial farmers, subsistence farmers, merchants and to the least consumers. This will give chance for swift transaction through agro mobile payments and easy location of agricultural goods and services in just one place. One Farm, One Market, One World, One Economy, and One Currency.
An Asset of the GREENBIT is THE CENTRAL FARM NETWORK which is adopted as an insurance to every token in the market. The farm is set up with auto increasing revenue that will be adding value periodically to every token holder’s asset (GREENBIT) in the market thereby increasing the value and capital base of GREENBI GREENBIT is a unique platform to integrate and shapen global agriculture to its needs through blockchain technology. Governments, Job centers and individuals, will be able to track the demand and availability of skills, goods and services gatherings from businesses.
PROBLEM SCOPE:
The agricultural market is the largest consumer market in the world, and this same market is forecast to reach $8.5 trillion by 2020. It is reaching a digital tipping point, with much of its growth to come from online. The huge challenge is therefore access and digital asset volume in an exponentially rising global market. Online agricultural dealings, being the target segment for GREENBIT Projects, is expected to grow from $1 billion market capitalization to 3.1 trillion in 2020, transacting about 30% of the market. Online food/health transactions alone being a target segment for GREENBIT, is expected to grow from $98 billion in 2015 to $290billion in 2020, according to IDG estimates.
Farmers Need Swift Market for Their Products:
There is a problem of inefficient and costly trade promotions and processes grabbed by retailers, wholesalers, and other middlemen. The big question is how can customers/consumers/investors be directly served and rewarded in a speedy, transparent and secured channel? How do they run on smart contracts and powered by the token as a means of reward and leveraging on blockchain full package?
Merchants and Consumers Need the Right Farm:
Merchants, consumers and investors need the right farm and market with best values. Each year, over $300 billion is lost as a result of bad agricultural trade processes not limited to promotions due to lack of a decentralized market for open transactions in real time. Unfairness in today’s agriculture laden atmosphere, go hand- in- hand with the rising costs of foods and agro products and the inefficiencies they produce. 95% of manufacturers admit that agricultural trade inefficiencies are an extremely important issue.
Farmers, Merchants, Experts and Consumers Must Exchange Values:
Furthermore, on the problem list, ineffective transactions space and process, costly and outdated agricultural trade systems practice, significant trade investments not getting to farmers and agro merchants and manufacturer’s sales.
GREENBIT is all out to tackle head-on the challenges of availability and facilitation of healthy foods and products across nations and where and when they are needed. The process is made easier and faster with their platform.
There is movement away from nature as the world pursues a hybrid Agricultural product and hence, health is greatly endangered. GREENBIT is really about green and healthy products and environment. This is what they stand for and die for at any time.
There is a huge untapped potential in the crypto currency advancement and technology which is highly profitable to their universe. GREENBIT is a unique revolution in this perspective as they explore options for huge Economic and Agricultural world impact.
SOLVING THE PROBLEM:
GREENBIT: Revolutionizing Global Agriculture with Blockchain:
GREENBIT is a trail-blazing blockchain-powered internet platform, with security and transactions tokens. It is about a blockchain-based economic and agricultural dealings platform with consistent and exponential increase in token value over time, backed by real entity called the Central Farm Network (CFN) using A blockchain Network of ERC20.
GREENBIT is implementing a decentralized ecosystem enabling consumers, farmers, Merchants and investors to save up to 35% on every transaction and at the same time extract value and real time profits using GREENBIT platform, and a physical asset called the CENTRAL FARM NETWORK.
For more information, please visit links below:
Website :http://www.greenbit.in/
ANN Bitcointalk: https://bitcointalk.org/index.php?topic=3273833.msg34130003#msg34130003
Whitepaper: http://greenbit.in/assets/images/GREENBIT%20WHITEPAPER%201.1.pdf
Facebook: https://www.facebook.com/Greenbitblockchain/
Twitter: https://twitter.com/Greenbit3?lang=en
Telegram: https://t.me/joinchat/G0DNf0UuWVvKv3JPxhSrww
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