What is Bit Agro?
AGROCOIN is an international project aimed at creation of P2P platform where people and companies can directly credit each other without intermediaries. Make the world a better place! Make the prices lower! Reduce the fraud risk for market players! Help people in learning to invest! Open access for enterprises to financial services with low-level servicing.
AGROCOIN is a crypto coin that will become the means and guarantor of payment between users. This is a token that will become a tool for the agro-industrial market, and with the help of which users of the agro-exchange platform will be able to conduct their transactions on the purchase and sale of goods in the agricultural sector. Token AGROCOIN supports smart contract technology and was created to develop trust and positive reputation of a credit platform on the Ethereum ecosystem. AGROCOIN aims to conduct the fastest, most transparent and secure transactions.
The Problem
-> Lack of knowledge and understanding of domestic and international legislation and trade rules;
-> Acute shortage of its own highly qualified specialists: lawyers and international economists;
-> Presence of intermediaries with high purchase prices;
-> Insufficiency of production capabilities that would allow producing and supplying large quantities to foreign markets;
-> Bureaucracy, which impedes the quick realization of goods due to a large number of documentary delays.
The Solution
AGRODEX – This is a global B2B platform for trade in agricultural products and food products, as well as attracting investments without restrictions on production geolocation. Registered suppliers and customers will be able to enter into smart contracts,
create exchange transactions, share related information and track the history of food prices in different parts of the world. Each
product will be classified in the registry and valued at Agrocoin. Any user has the opportunity to sell or purchase products in the
foreign markets using a smartphone and not worrying about problems with logistics, cargo safety and financial losses.
The innovation of our project is expressed in the following points:
1. Ease of making deals with a smart contract;
2. Efficiency and economic benefit for all participants in transactions
3. Security, transparency and speed of transactions based on Blockchain technology.
Platform & its Functionality
-> The participants register on bitagro.io, after which he/she gets access to the database of manufacturers and buyers of goods.
-> The buyer buys AGROCOIN cryptocurrency through the official exchange platform
-> Selection of a suitable price and quality offers and conclusion of a smart contract for the purchase of products with the seller.
-> bitagro.io launches the transaction processing process and contacts the logistic partners to guarantee the transaction and arrange the delivery of the goods
-> Crypto-currency becomes unavailable until the buyer receives the goods.
-> Crypto-currency becomes available, and the seller withdraws the earned money using the service platform bitagro.io.