Blockchain technology is fully supporting a traceability as blockchain can store the history of all transactions ever made and recreate the history and identify the origin of a product. The use of the blockchain as a traceability system is useful both in terms of speedy identification of a certain product and investigation especially if it is contaminated. In a centralized system, information connectivity between the partners are required for an effective traceability system since one of the parties is the responsible for the data. In a blockchain system where the information is gathered and accessible for all parties connected, would have a shorter localization process of the goods if that is requested.
WHAT IS CIBUS ?
The CIBUS network is a blockchain-based ecosystem focusing on food and health supplements ensuring the origin, quality and compliance to transparency. The genesis of CIBUS platform is to bring food and dietary supplements manufacturers, producers, sellers or trades under one functional, interactive,and mutually profitable platform based on blockchain technology enabling a transparency via trustworthy data sitting on distributed ladger than can be freely accessed by all interested parties; so that both the business owner and consumers can enjoy best possible transparency, authenticity, and reliability about the food products they are interested in.
We at CIBUS realized that small-scale producers all over the world need a place for further development and product launch to the international market which is hitherto seems out of bound for them. Today scaling opportunity for small level traders and manufacturers is chained by various bottlenecks and that is where CIBUS solution gives them a chance to unshackle their potential.
Cibus World is a multi-functional platform powered by Cibus Blockchain and is managed by Cibus coin. This virtual platform aims at some primary goals to accomplish. These are:
· Promotion of food safety and transparency using blockchain
· Facilitation of direct retailing and business to business food trading
· Creating a holistic food based social network and food safety awareness
Functionality wise Cibus world will be offering business services like Cibus Ad, Cibus Escrow, Cibus Affiliates, and Cibus logistics modules so that CIBUS World members get to enjoy an all rounder business solution aligned to transparency, trust, cost efficiency, and global reach.
The uniqueness of Cibus World
· CIBUS employs blockchain technology to integrate optimum transparency in food and dietary food supplements supply chain and to improve food safety by using traceability.
· Membership of Cibus World will offer benefits for food manufacturers as well as for consumers. End consumers can access food authenticity information stored on blockchain, which will be accessible on mobile application and websites, so that buyers can make informed choices before food/dietary supplement purchase.
· CIBUS World will also trim down the involvement of intermediaries in the food economy by introducing an e-commerce platform for food and dietary supplements. This facility will allow direct trading between businesses and end-consumers as well as one business to other businesses.
· CIBUS World will earn on transaction fee, digital advertising, and escrow services and by providing user analytics data to sellers from Cibus Social, which is the incentivized social networking platform.
· CIBUS is designed by food scientists who have hardcore industry awareness and experience in food and related industries in association with blockchain technology experts.
CIBUS Architecture
CIBUS Blockchain will contribute in adding transparency which will help global food industry in quick and efficient fraund prevention
CIBUS BUSINESS MODULES
The business model of phase 1 of CIBUS platform will be centered on 4 modules
· CIBUS Trace — It aims to implement optimum transparency in food supply chain using blockchain technology to improve food safety and traceability.
· CIBUS Social — it is an interactive social networking platform focused on food and allied issues.
· CIBUS Retail: It is Business to consu! ecommerce platform. Both CIBUS Trade and CIBUS Retail features smart contracts, unadulterated vendor rating system, most relevant search results based on user-profile and previous activity, one-click buy advice strategy, product tracking facility, etc.
· CIBUS Trade: It is a (B2B) Business to business e-commerce platform for food products.
In phase 2, CIBUS platform will be enriched by adding capabilities of the following 4 modules
· CIBUS Affiliate: It is an affiliate marketing platform for CIBUS Retail and CIBUS Trade at competitive rate.
· CIBUS AD: It aims at direct advertising and introduction of marketing tool including data analytics aiming at abrupt reduce of food intermediaries and popularizing a transparent decentralized advertising platform as well as Facilitation of direct marketing.
· Cibus Logistics: CIBUS offers global logistics solution by employing geo-tracking technology for finding food consignments on smart contracts.
cibus10.png
HOW CIBUS WORKS
BENEFITS TO SELLERS
Fast and detailed customer feedback
Marketing & promotion directly to consumers
Full control on Brands image
Lower cost to reach customers
Interoperability of scalable data
BENEFITS TO BUYERS
Transparency in food & dietary supplements
Food ecosystem on trusted blockchain
Higher quality at cheaper price
Engagement with sellers directly
Rewards for social proofs
B2B and B2C Ecosystem on Food & Dietary Supplements
CIBUS offers traceability and transparency over Blockchain
Trustless trading between Buyers and Sellers, cutting middleman
Various smart contracts to facilitate cross-border trade
CIBUS token facilitates trade, escrow, fees & loyalty rewards
Interoperability of data between participants within Ecosystem
Trust, performance & scalability at lower cost in Food business
SCAN
Buyers will scan CIBUS TRACE QR Code on the packages of food & supplements with their mobile phones to check its traceability info
ENGAGE
Consumers will participate in CIBUS SOCIAL platform with product reviews, their experience, share recipes and engage with Sellers directly
TRADE
Buyers and Sellers will execute trade via CIBUS RETAIL and CIBUS TRADE in a trusted manner using Ethereum smart contracts
BRAND LOYALTY
Growing brand lovers with engagement, transparency, confidence and satisfaction enabled by CIBUS Ecosystem
GOOD FOOD
Soon, there will be two kinds of food — cheap food and good food. CIBUS will be the key change agent enabling delivery of good food to this world
VALUE
CIBUS with trusted blockchain will unlock new value drivers using authenticity and reputation in Food trade driving profitability at lower cost
WHAT PROBLEMS DO CIBUS SOLVE?
LACK OF TRUST
Trust deficit due to product recalls with scare of food poisoning, pathogenic microbial, pesticides & chemical contamination
LACK OF TRACEABILITY
No authentic traceability info flow through the system leaving increased room for counterfeit products, misleading labels & false claims
EASY TO MANIPULATE
Lack of consistency of origin and quality related product data leaves wide scope for product adulteration and falsifying records
HIGH COST
Rising food prices with middle men taking higher cuts, and broken systems creating inefficiencies drives cost upwards
LACK OF ENGAGEMENT
Lack of engagement between producers and consumers due to layers of middlemen filters and construes messages
NO SOCIAL PROOF
Clear lack of voice of consumers (VOC), grievance redressal and feedback loop drives poor purchase decisions
FRAGMENTED ECOSYSTEM
Broken supply chain makes it impossible for interoperability and scalability of traceability data sharing between participants
HIGH FRICTION
Inconsistent regulatory watch and inefficient quality systems implementation creates friction, confusion and increases waste
TOKEN GENERATION EVENT
CONVERSION RATE : 1 ETH = 1000 CBT
TOKEN NAME — CIBUS
CIBUS TOKEN — 100,000,000
PAYMENT METHODS — BTC, ETH, LTC, DASH
SOFT CAP — 5,000,000 CBT
HARD CAP — 40,000,000 CBT
PRE TGE — February 28th, 2018
ICO TOKEN SALE — February 28th, 2018 to March 28th, 2018
WEEK 1–20% to 30%
WEEK 2–16% TO 20%
WEEK 3–12% TO 16%
WEEK 4–8% TO 12%
TOKEN EXCHANGE RATE — 1 ETH = 1000 CIBUS Token
TOTAL TOKEN SUPPLY [max] — 100000000
MINIMUM PURCHASE — 10 CBT
CIBUS tokens are the medium of transaction on CIBUS Ecosystem. It provides access to CIBUS Trace and other core functionalities. CIBUS coins are also the medium for fee payment, referral bonus, bounty program, incentives and other reward payments.
CIBUS TOKEN ALLOCATION AND CIBUS FUNDS ALLOCATION
CIBUS ROAD MAP
MEET CIBUS ADVISORS
MEET CIBUS TEAM
![meet cibus team.png]
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MORE INFO :
Website : https://www.cibus.world/
Whitepaper : https://www.cibus.world/documents/
Facebook : https://facebook.com/cibus-1812771722347122/
Twitter : https://twitter.com/cibusworld
Telegram : https://t.me/joinchat/HJRWEA46ubc7gFRBbwny1Q
YouTube : https://www.youtube.com/channel/UCkyCH8mtRxY_OSyXNBxrQCA
Github : https://github.com/cibusworld
Reddit : https://www.reddit.com/user/cibusworld/
LinkedIn : http://www.linkedin.com/in/cibus-world
Medium : https://medium.com/@cibusworld
BitcoinTalk : https://bitcointalk.org/index.php?topic=2713416.new#new
Author:Lizapay42
Profile : https://bitcointalk.org/index.php?action=profile;u=1386779
ERC2O:0xf7941ebbD15b8A9c84B4A5491B04513f8D47B02E
Thank’s for reading,see you in the next article bye….