Topic: [News] BIOCOIN - INTERNATIONAL BLOCKCHAIN-BASED LOYALTY PLATFORM [BIO] - page 13. (Read 4927 times)

May I ask how many BioCoins are used for the bounty?

Here is the recording in the blockchain about the fillet of codfish for $20. History shows map of movements of the caught fish and its temperature - https://goo.gl/bWuEQX

And again about #foodtech today. This time we are going to talk about seafood on blockchain from Intel🐟

Intel creates a platform of distributed registry with an open initial code for fishing industry.  This solution called Sawtooth Lake allows to control the seafood  extraction, increases the precision and reliability of the accounting, starting from the moment when seafood is caught. It also helps to maintain adherence to the storage conditions in accordance with the sanitary requirements.

IT giant has already demonstrated loT sensors ( for internet of things) that gather information about the owner, location, temperature, humidity, product movement etc. All of this data gets into blockchain.
 
It is possible to see a sample of traceability and reporting in the chain of delivery due to the power of a distributed registry of Sawtooth Lake on a blockchain-startup website Provenance. This startup became the main initiator of this development

provenance.sawtooth.me

This was posted on FB page of our French colleagues, worth https://docs.google.com/document/d/1tRO5lso4HKO4z_nXsz44E2g2kcyWyb2Nhmb6sUw0Y28/edit?usp=sharing

How to ensure that the secret key is really destroyed?

The wallet address will be available for public access. If the balance there starts to change, everybody will notice it and the coin exchange rate will drop.

How are the unsold tokens destroyed?

1. Coins are transferred to a separate wallet
2. The address of the wallet is announced publicly
3. The secret key to the wallet is destroyed

We often get questions regarding our token in our chats. Bio is a fork of PeerCoin with its parameters. Rules of emission and distribution are enclosed here. All unsold tokens will be destroyed.

Remember our post about another partner of BioCoin loyalty program, a barbershop called Barbarella. Here is the article about it now in English in our blog.

https://biocoin.bio/en/blog/barbershop-for-biocoins

The market has been going down. Most analysts agree that growth will start after Chinese New Year. It means it will start around February 18th, when our ICO will be over:)

And the most important thing is that our coin has organic demand. As soon as the loyalty system would be fully launched, all our partners and businesses will go to exchanges to purchase coins there. Without coins they would not be able to launch loyalty system in their businesses. And the more businesses and consumers using biocoins in their daily purchases, the higher demand for coins at exchanges.

After the loyalty system reaches a good number of real working partners, then BioCoin exchange rate will directly reflect the success and multiplicity of the loyalty system. The base of BioCoin is an understandable economic activity and not just mere exchange rate numbers with reality being interpreted by speculations and imaginations. Go green!

We get the same questions over and over in our https://t.me/biocoinchat_ru. Questions like why Bio token is traded at an exchange before the end of the ICO. Why is the coin cheaper at the exchange than on the official site? Where to buy? Which other exchanges will have the token?

Here are answers to these questions by Boris Akimov:

“Dear friends, this was done on purpose. Usually ICO process looks like this: users leave their requests for tokens and pay 100%, and then after the ICO is over, coins are delivered to these users.  We put the token into the circulation before the beginning of the ICO so that our counter agents could receive their payments in Bio. Our asset is a “live” instrument which is used in real business. First transactions with BioCoin happened yet in August way before the ICO.

Farmers and other businessmen were already using our biocoins in the fall of 2017. So it would have been strange to oppose the circulation of our coin at the exchanges. Since it was being used, it should have been traded as well.

Regarding trading of Bio at Yobit, Livecoin and Profit exchanges. These exchanges have low volume of Bio and it is not interesting for a serious investor. If you want to purchase small amount of coins, then you can certainly do that at an exchange. If you want volume, then it is worth buying it off our website biocoin.bio.

And a little about our plans. We are actively talking to Bittrex, and planning to have Bio listed at that exchange after the ICO. We also have Binance and Kraken listings in our plans”.

The announcement above names “Development of Blockchain Technologies as a territory development factor (digital zemstvo)” as the topic for the one section (where Boris Akimov will participate)

Boris Akimov will be promoting BioCoin at the Congress of the Russian Association of crypto currency and blockchain on February 20th.
Join us at - http://rc.moscow/

Then system notifies the farmer where sick plants are situated and notifies about lack of nutritions in the soil so that the use of fertilizers and other resources can be reduced

How do they use drones in #agritech?

For example, Gamaya is a Swiss electronic doctor for agricultural crops.

The system allows to significantly reduce the time for a field overview, making an independent conclusion on fluctuation of soil indicators for various crops.

The program analyses the data from images taken by drones and based on the knowledge of necessary required amount of chemicals, soil particularities as well as the crop that grows on it, makes a conclusion about potential plant diseases and the reasons for the disease.

Here is the link to a translated to English article in our blog

https://biocoin.bio/en/blog/it-will-be-possible-to-buy-unusual-burgers-for-biocoin-soon

And the English version of the article is now available in our blog
https://biocoin.bio/en/blog/on-the-path-together-with-biocoin

About a week ago we wrote about Teriberka project, and here is the translated to English article in our blog

https://biocoin.bio/en/blog/biocoin-is-helping-territory-restoration-together-with-teriberka

Holders of the crypto currency will receive some rewards from the profits of the company at the end of each year. The size of the reward would depend on the level of ownership of the currency.

Many thanks for the nice words