Monday, 14 January 2019

Pavocoin | IoT Blockchain for the AgTech Ecosystem

The industrialized world has provided consumers around the world with unprecedented levels of comfort and standards of living compared to our ancestors. To supply the nearly 8 billion people on the planet with proper food, much of the world’s agriculture production has turned to technological solutions. The Pavocoin team plans to capitalize on this trend with the development of the Pavo platform. The team plans to develop a vertical marketplace for agriculture products to be better supplied through supply chains around the world. Further, the team hopes to connect Universities to the system to allow for big data analysis to be completed, thus optimizing agricultural systems. On the other side of the supply chain, the team will connect agricultural products directly to consumers who enjoy them. Consumers will be able to purchase fresh produce via the use of the Pavocoin. All and all creating a complete ecosystem upon which the future of the agricultural sector can be optimized via the power of blockchain technology. 

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Pavocoin Objectives

The team building the Pavo platform want to establish a new community for those directly involved in the agriculture supply chain. With hopes to connect consumers to fresh food options and allow for the hundreds of millions of transactions that take place for food around the world to operate directly on a blockchain powered solution. Consumers will be able to utilize the Pavocoin for their product selections. These purchases will start the cycle for Universities to access the data of each purchase and thus reduce the research time needed for proper system optimization. Furthermore, the large collection of data will enable farmers to lower their research time as well. Both the farmer community as well as higher education professionals will help optimize the agricultural sector and naturally relay cost-saving tactics direct to the consumers that enjoy the end product of produce.

“This Article is officially published at AltcoinPlace.co To read the Full Article Click Here

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