Foodcoin Ecosystem is a blockchain ecosystem designed to put up a global marketplace of food and agricultural products on the platform of 1000EcoFarms, using Ethereum technology.
The platform is aimed to provide to the large and small producers and consumers of agricultural products an equal access to the global market of production and distribution of consumable goods for and foodstuffs using modern financial instruments.
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
Since a major part of the FoodCoin Ecosystem capabilties is related to the fintech sphere, cooperation with traditional and online banks is a logical opportunity for the future development of the platform. In addition, legal, insurance and logistics companies, as well as other services related to trade management on the local, national or international level, form a natural set of potential partners and customers for the FoodCoin Ecosystem.