When your food has traveled from half a world away, how can a full supply chain traceability from the source to the table be provided? The volume of imports and exports surrounding what is in the 21st century a thoroughly international seafood industry is widely reported to be continually expanding at an exponential rate.
Fish out of water
When it comes to produce, the origin and journey of a fresh product bring great value to both the paying consumer and as a result, the retailer as well. Conversely, mistakes can be scandalous and even dangerous to consumers. Not every producer, retailer or consumer has access to the same means or markets and this is particularly true for landlocked countries.
That doesn’t mean that consumers and businesses in such regions don’t possess the same appreciation (if not more, on occasions) than those facing the sea. Such regions are serviced, in large part, by the import and export industry, which has enjoyed unmitigated growth in many countries throughout the last decade.
An incentivizing solution
In a world of oversaturation with regards to the ICO space, it can be difficult to identify the diamonds in the rough. Fishcoin aims to prove itself to be one of these gems.
The team is interweaving a multitude of solutions which fundamentally incorporate the benefits of blockchain technology to the many problems and challenges facing the massive seafood industry today. Fishcoin’s decentralized ecosystem approach will increase the volume and improve the veracity of seafood data by incentivizing data capture across the supply chain of the seafood industry.
The Fishcoin team have partnered with the GSMA [representative body of most of the world’s mobile network operators] so that in most locations around the world an actor at any respective supply-chain stage, whether they have access to banking or not, can receive token-based incentives in return for correct and accurate documentation of important harvest key data elements. They can be converted to mobile airtime top ups anytime.
Judging a crypto by its friends
Fishcoin’s portfolio of associates and partners is both vast and accomplished and along with the United Nations SDG2 Advocacy Hub, and the GSMA, also includes Thai Union, one of the largest seafood companies in the world.
The United States Department of State has also been in direct communication with Fishcoin’s parent company Eachmile Technologies with former U.S. Secretary of State John Kerry officially launching their mFish project at the Our Ocean Conference.
There is more information on this project including the public white paper at the Fishcoin website, further illustrating its highly talented and multi-experienced executive team. Fishcoin has a great wealth of ability, partnerships and momentum which helps to support and illustrate the potential that such a great project presents.
For more information, click here.
Ethereum [ETH] experiences major drop of 94% in block transactions since last year
XRP/USD Price Analysis: Prices stagnate as the bears and the bulls continue to brawl
Bitcoin [BTC] developer Jimmy Song lists 3 reasons why Bitcoin SV [BSV] is a “scam”
Ethereum [ETH/USD] Price Analysis: Coin stands tall with the bull by its side
SEC could include Bitwise’s Bitcoin ETF in federal registers; proposal under review for approval
Ripple/XRP: XRP will soon hit Abra cryptocurrency platform, confirms CEO Bill Barhydt
DigiByte community gears up for Global Summit while founder Jared Tate finalises book on decentralized internet
Tron [TRX]’s Justin Sun sets up Valentines day surprise for Ethereum [ETH]’s Vitalik Buterin
After Bitcoin [BTC] ETF silver lining, SEC puts forth circular on ICOs
Ethereum [ETH] could have been stolen through malware impersonating MetaMask
Bitcoin [BTC] among cryptocurrencies enabled by new debit card launched by Australian Crypto exchange
Nouriel Roubini says JP Morgan’s cryptocurrency JPM Coin is a joke; compares it to XRP
Ethereum [ETH] mining rewards breach lowest levels ever as average difficulty spikes
Coinbase steps up Bug Bounty program; rewards hacker $30,000 for critical bug detection