GREENBIT — Hive

Back in time, our ancient sisters and brothers had to struggle with many difficulties and burdens. Permanent food supplies as we know them today were unimaginable - as hunting and gathering was the primary way of securing food. But as communities grew it became harder and harder to maintain this way of life. The desire of mankind shifted, moving towards settlements and encourage brilliant minds to establish new ways of living. Agriculture was born and people started to form small villages that had a sustainable food supply. As villages grew into cities - innovation and the advancement of technology lead to rapid growth in possibility. In the last century new innovations were created that revolutionized both food supply and storage.
As access to food via grocery stores became larger - so too did farms. Technology such as fridges, microwaves and freezers led to vast improvements in food storage - which increased our appetites for a variety of food. This lead to a wide range of challenges. From food being shipped from other countries - often at weeks at a time - to the constant pressure to genetically make food more resistant, profitable and durable - we’ve strayed quite far from our origins. As multi-billion dollar corporations push our food production in ways that benefit them - we as the consumers, farmers and families - end up losing what we want most: healthy, clean, local food. The dawn of new agriculture is ag4.0. Nothing on our beautiful planet is permanent: new ideas are being born every day. As we constantly transformed and improve - old ideas often must make space for new innovations. Once in awhile, a new idea can lead into a revolution that changes everything.
While agriculture is the most significant sector in rural areas and provides a livelihood for 70 per cent of the world’s poor, it is also the industry that provides the biggest disconnect between supplier and retailer. Using Blockchain, however, a more direct link can be established, ensuring that farmers receive fair payment for their produce and enabling retailers to verify that they are getting what they’ve paid for.
The agricultural market is the largest consumer market in the world, and this same market is forecast to reach $8.5 trillion by 2020. It is reaching a digital tipping point, with much of its growth to come from online. The huge challenge is therefore access and digital asset volume in an exponentially rising global market. Online agricultural dealings, being the target segment for GREENBIT Projects, is expected to grow from $1 billion market capitalization to 3.1 trillion in 2020, transacting about 30% of the market. Online food/health transactions alone being a target segment for GREENBIT, is expected to grow from $98 billion in 2015 to $290billion in 2020, according to IDG estimates.

PROBLEM SCOPE: The agricultural market is the largest consumer market in the world, and this same market is forecast to reach $8.5 trillion by 2020. It is reaching a digital tipping point, with much of its growth to come from online. The huge challenge is therefore access and digital asset volume in an exponentially rising global market. Online agricultural dealings, being the target segment for GREENBIT Projects, is expected to grow from $1 billion market capitalization to 3.1 trillion in 2020, transacting about 30% of the market. Online food/health transactions alone being a target segment for GREENBIT, is expected to grow from $98 billion in 2015 to $290billion in 2020, according to IDG estimates. 0.1.1 Farmers Need Swift Market For Their Products: There is a problem of inefficient and costly trade promotions and processes grabbed by retailers, wholesalers, and other middlemen. The big question is how can customers/consumers/investors be directly served and rewarded in a speedy, transparent and secured channel? How do we run on smart contracts and powered by the token as a means of reward and leveraging on blockchain full package?

0.1.2 Merchants And Consumers Need The Right Farm: Merchants, consumers and investors need the right farm and market with best values. Each year, over $300 billion is lost as a result of bad agricultural trade processes not limited to promotions due to lack of a decentralized market for open transactions in real time. Unfairness in today’s agriculture laden atmosphere, go hand- in- hand with the rising costs of foods and agro products and the inefficiencies they produce. 95% of manufacturers admit that agricultural trade inefficiencies are an extremely important issue. 0.1.3 Farmers, Merchants, Experts And Consumers Must Exchange Values: Furthermore on the problem list, ineffective transactions space and process, costly and outdated agricultural trade systems practice, significant trade investments not getting to farmers and agro merchants and manufacturer’s sales.

GREENBIT is all out to tackle head-on the challenges of availability and facilitation of healthy foods and products across nations and where and when they are needed. The process is made easier and faster with our platform. There is movement away from nature as the world pursues a hybrid Agricultural products and hence, health is greatly endangered.

GREENBIT is really about green and healthy products and environment. This is what we stand for and die for at any time. There is a huge untapped potential in the crypto currency advancement and technology which is highly profitable to our universe. GREENBIT is a unique revolution in this perspective as we explore options for huge Economic and Agricultural world impact. SOLVING THE

PROBLEM: 0.6.1.1
GREENBIT : Revolutionizing Global Agriculture With Blockchain: GREENBIT is a trail-blazing blockchain-powered internet platform, with security and transactions tokens. It is about a blockchain-based economic and agricultural dealings platform with consistent and exponential increase in token value over time, backed by real entity called the Central Farm Network (CFN) using A blockchain Network of ERC20. GREENBIT is implementing a decentralized ecosystem enabling consumers, farmers, Merchants and investors to save up to 35% on every transaction and at the same time extract value and real time profits using GREENBIT platform, and a physical asset called the CENTRAL FARM NETWORK. 0.6.2
The Central Farm Network (CFN) THE CENTRAL FARM NETWORK: The central farm network, as a matter of steady growth in the community and the valuation, replicates the farm assets across the world based on the community vote and market speculation. A close look at Africa alone will show that with an estimated income of about $100 billion annually, agriculture remains Africa’s largest economic sector.
The story is the same across continents as people must not only eat but must eat healthy and live healthy. Blockchain technology has attracted attention more in the financial services sector of the world and is fast spreading to supply-chain management, healthcare, shipping, foods and products tracking, transportation and sales to consumers. It increases transparency and visibility, speeds up transactions, reduces fraud and financial crimes, a shared and secured technology, streamlines business processes and cuts down on data duplication and keeps business value at the fore front.

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