Topic: [ANN] [ICO]🍷💰🍷BEVEREGE.CASH- UNIFICATION OF THE CRYPTO AND REAL ECONOMY🍷💰🍷 (Read 1703 times)

courtesy of our BM

Thanks, cheers everyone! wait for further announcement, especially for exchange.

ICO Will soon to end. We would like everyone to know that our token will be listed on Bancor at any time on January. And we are currently in negotiation with other big exchanges. Visit our facebook or twitter account for updates. Stay tuned.

Bussines model
Our business model is based on the following sources of income:
- fee for adding a lot to the platform, releasing a token, RFID and QR tag matching this token
- commission for transactions made on the platform
- payment for advertising
- percentage from partners for providing services to participants All payments will be managed by smart contract and funds will be automatically allocated among all participants of the ecosystem (development team, alcoholic beverage manufactures, active users, experts etc.).

We have been producing and selling wine and craft alcohol for a long time, so we know all the problems existing in the alcohol market firsthand. The search for solution of these problems has brought together like-minded people from various business areas: banking, economy, law, production, marketing and blockchain programming.

We have identified the most significant problems in each segment and set a task for their comprehensive solution. One of the problems of the alcohol industry in the world is the counterfeit. The more money the manufacturer invests in marketing and product quality and the higher is the demand for his product among buyers, the greater is the temptation to counterfeit it. To solve this problem, manufacturers spend millions of dollars, coming up with new means of protection and identification, but all of them are just temporary solutions in the war between producers and counterfeiters. We have come to the conclusion that one of the solutions is the use of blockchain technology to ensure transparency at all stages of production and guaranteed protection against counterfeit.

for bounty campaign, only 100 eth for reward? seriously?

The total value of lots has 2 components of price changes:
1. Increase or decrease in the number of lots - an increase in the number of lots due to the addition of new lots on the platform - the reduction in the number of lots due to sales of lots or withdrawal of lots from sale.
2. Increase or decrease in the value of alcoholic beverage over time.
The market price of Beverage Coin (BCCT) is calculated by the following formula: BCCTp = (Mv / ETHp) / BCCTt
BCCTp - the price of alcoholic Beverage Coin
Mv - total market value of beverage lots on the platform in USD
ETHp - market value of ETH in USD
BCCTt - total number of released Beverage Coin (BCCT)
At the ICO stage the token is sold at a fixed rice 1BCCT = 0.0002 ETH.
The market price of Beverage Coin is recalculated in accordance with the total value of lots placed on the platform in real time.

SMART CONTRACT AUTOMATION
In order to avoid transactions risks we will implement smart contracts that will be responsible for the fulfillment of obligations of all parties.
At the time of purchase the money for the lot will be blocked by a smart contract until transaction is completed. Then the money will be released by smart
contract to all participants involved in the transaction: the seller, experts, developers and insurance fund.

The structure described above allows us to unite all participants in the wine production process in a continuous chain to gather information at each stage.
Network infrastructure is created for each participant and includes:
1. RFID tag attached to the products about which the information is collected and tracking is performed.
vineyard — a container for harvesting grapes,
winery — fermentation tanks, storage tanks,
warehouse — barrels, bottles, boxes,
transportation — containers.
2. Sensors are RFID Sensors for collecting information. Any necessary information is collected by RFID sensors at each stage of production automatically. The
information is transmitted with a given time interval to the transmitter and is connected to the RFID tags in the vicinity.
3. Transmitter is any device (PDA, computer or smartphone) capable on the one hand communicate with RFID tag and RFID sensor and on the other hand to
distribute collected information through access points to the server using a wireless connection. The distance of the broadcast within the network depending on
the equipment reaches 250 meters.
4 Access points are configured to transfer information from the internal network to the server. Depending on the area of the field, winery or storage, it is
necessary to install several access points that interact with each other in a common network.
5. Server collects, stores and processes the information.
6. Trading platform with software for reading QR-Code and/or NFS to get and display information from the server about the product selected. Wine and craft
alcohol trading platform is integrated social ecosystem for buying/selling/trading beverage product with protection against counterfeit.

Using this blockchain structure makes possible the tracking of reliable information about every production stage right from the bottle.
Mining in the chain will be presented in two versions:
1. Experts who check and approve the acceptance of blocks in the chain.
2. Members of the ecosystem who provide disk space for blockchain. Payment to miners is made as a percentage of the transactions conducted on the platform.

The first block in the chain is linked directly to the time when the alcoholic beverage is added to the platform. If the first block is added by the farmer, then the customer will get access to all information up to the plantation. If the first block will be added by the wholesaler, then all information blocks about previews production stages (plantation/farmer, alcohol producer, bulk wine/bulk spirits buyer) will be missing in the chain.

Read our article here! to learn more and get updates from beverage cash

https://medium.com/@beverige.cash/beverage-cash-soft-cap-reached-56ea7b5ab9d5?fbclid=IwAR03lvxp7xGy_b-ro3FbLvu4thr8c0-19csfhxY3o4QikzdUHrn9kmsPFHE

Block structure:
ID: unique participant’s identification number
Block: block number
Batch: batch number
Production ID: unique Plantation/Factory/Warehouse ID number
Product ID: grapes, fruits, grains, vine, spirit unique ID number
Product type: grapes, fruits, grains, vine, spirit definition
Quantity: amount of product
Information: information related to the current stage of production
Timestamp:
Prev. Hash
New Hash
The block will be built on the principle of a private network where members of ecosystem with a confidence rating of at least 8 (experts/miners) have the
opportunity to approve the addition of a new block.

The first block is assigned with a unique identifier which will be present in each block of the chain from the plantation to the final customer. Due to this identifier it will be possible to track information about each bottle. The code on each bottle is collective and contains information about the identifier of the chain and each block passed by the product during its life cycle.

Creation of a blockchain begins with a first block added by the farmer on the plantation and containing information about harvested grapes, fruits or grains. At each next production stage new blocks are added to the blockchain. Before the next block can be added, the previous block must be approved by the majority of experts. Since each block will contain information about the previous and subsequent blocks, any attempt to substitute a block inside the chain will lead to a rupture of the chain.

The blockchain will perform the following tasks:

1. Addition and storage of plausible information about the various stages of the production.
2. Protection of information from changes.
3. Ability to track all information about every bottle.

Each block in blockchain will be tied to a strictly defined stage of the product’s life cycle and contain related information:

1. Grapes, fruits, grains: quality, quantity, collection time, weather (plantation/farmer)
2. Wine / Alcohol: fermentation, distillation, aging, packaging, timestamp etc. (alcohol producer)
3. Wine / Alcohol: blending, aging, packaging, timestamp etc. (bulk wine/ bulk spirits buyer)
4. Wine / Alcohol: delivery, storage, distribution, timestamp etc. (wholesalers, sellers, intermediaries)
5. Wine / Alcohol: storage, temperature, humidity, place, timestamp etc. (warehouse)
6. Wine / Alcohol: place of purchase and storage etc. (consumer)

To exchange the information we’ll be using the Global Standard 1 (GS1) protocol, through which it’s possible to implement the identification scheme at all stages of production, storage and distribution of the product. Currently the Global Standard 1 (GS1) protocol supports using of RFID with the EPC. Using RFID tags the system will be able to collect information about all the operations performed and create records about them in the chain. For participants who implement Global Standard 1 (GS1), it will be possible to add previously collected information about the product, using the product electronic code (EPC). This way the system will ensure the authenticity of information about the origin of beverages placed on the platform.

When product is added to the platform, a token containing and accumulating information about it is created. The moment when token is released indicates the starting point and guarantee of reliability of information about the drink. From this moment all information about the product will be recorded in to blockchain: time, raw materials, transportation, place, packaging, storage conditions, aging, change of owners etc. To automate the process of information collection and exchange we plan to use various tracking systems: quick response code (QR), radio frequency identification (RFID) and electronic product code (EPC).

BEVERAGE.CASH - CRYPTOCURRENCY MUST TO BE USEFUL!

(Oricinal article read here: https://medium.com/@beverige.cash/9dbaa064e662)

After veritable explosion over the last few years bitcoin showed its largest drop since March this year and slipped to a 13-month low, falling below the $5,500. Ethereum, the second-largest digital currency, is down 14 per cent according to CoinMarketCap.

Vyacheslav Grekov, CEO Beverage.Cash project:
“Real sector economic integration represents a new era for cryptoworld.“

One of the main reasons for this rise of digital currencies is a hype-based desire of individuals to take economic power away from banks, governments and corporations. The main reason for the fall is the lack of cryptoworld and real economy connection. This turns cryptocurrency into virtual numbers not secured by anything other than hype. Having no financial support, cryptocurrency is doomed to instability.
The recent trend is the search for the ways to integrate cryptocurrency into the real economy. The first companies from the real sector of the economy have already begun entering the cryptocurrency market, which is becoming the logical continuation of their business by building new decentralized economic ecosystem.

Vyacheslav Grekov, CEO Beverage.Cash project:
“Many forms of cryptocurrency have been created over the last years and each of them has sought the way to integrate themselves into various sectors of the real economy. Cryptocurrency has to have a real worth and usefulness in order to be successful. Current trend of creating currencies backed by the real value helps to fill the gap between the real world and digital economies.”

The situation in the cryptocurrency market at the moment is showing that the currencies secured by real value are not subject to general downtrend and demonstrate a stable growth.

Beverage.Cash project is the wine and craft alcohol trading platform with integrated social ecosystem and counterfeit protection and a mobile platform where producers and consumers get connected.
The integration of RFID/QR/NFC tags into blockchain, as a part of “The Internet of Things” (IoT), will ensure protection for beverages against counterfeit and provide useful information about the product to consumers, while being a direct marketing tool, building pre- and post- direct connection between manufacturers and consumers.