In this review, I am going to tackle the issues related to the integration of blockchain technology in the ways of collecting and analyzing agricultural production data: crop yields, soil profiles, weather, and climate etc.
The increase of caloric demand and feeding the constantly expanding population of the planet have brought new challenges into the agricultural industry.
PAVO PROJECT is going to deal with the above-mentioned challenges by implementing blockchain mechanisms into the industry. Such innovative approach can be considered as promising undertaking thus attracting institutional investors and private individuals who will invest money in the form of ICO - a new way of fundraising through issuing the underlying crypto tokens of the project. Let us look into the details of this powerful undertaking and related fundraising campaign.
WEBSITE: https://pavocoin.com
WHITEPAPER: https://pavocoin.com/doc/PAVO_whitepaper_en.pdf
PAVO Concept and Advantages
PAVO is in the process of developing a new decentralized system based on the working product (IoT software) that is used in many farm locations. This software assists in identifying operational inefficiencies in the process of agricultural production.
Two blockchain-enabled elements of the PAVO project will be aimed at enhancing control over the agricultural process thus creating a comfortable and efficient environment for crop growing and harvesting.
Above mentioned elements will be playing important role in increasing yield and quality of the product as well as providing reliable and secure payments to farmers, consumers and businesses.
PAVO is going to offer a unique control and processing mechanism combining such components within one technological platform: Internet of Things, Blockchain, Mobile Edge Computing, Application Programming Interfaces, Artificial Intelligence, Machine Learning. It must be noted that such unified hardware/software solution will be easily accessible through mobile devices and desktops. Real data information (key activities and operating metrics) will be transmitted for the purpose of forming accurate reports and analytics related to industrial processes.
The detailed technological process is represented by the following diagram:
PAVO undertaking will allow for expanding the use of blockchain mechanisms in the agricultural sector of the global economy by achieving suitability for daily operating control.
Among KEY ADVANTAGES of PAVO platform I would emphasize the following:
š Increased product transparency throughout harvest to consumption due to implementing blockchain technology;
š Crop data will be fed into the marketplace thus fostering knowledge of provenance;
š Fully convertible to software data-driven cultivation;
š Cost-effectiveness and low maintenance by delivering compelling tools for maintaining the high volume of output;
š Opportunity for pre-selling crops via smart forward contracts without waiting for delivery and final harvesting;
š Removing intermediaries from the supply chain by direct connection with farms through a web and mobile app;
š Product differentiation and branding allowing thus stressing quality and purity.
PAVO Token and ICO Terms
Pavo Token (PAVO) is a cryptocurrency for internal use providing utility for consumers, farmers, service providers, wholesalers, suppliers, and enabling fast and secure transactions within a smart contract. PAVO tokens function on Ethereum network using ERC20 standard.
The main USE CASES for PavoCoin are as follows:
š Buying and selling agricultural crops, data, and ancillary supplies
š A basis for smart coupons;
š Providing better cash flow;
š Maintaining platform policy and incentives distribution;
š Conflict resolution on the platform through voting;
š Community support and loyalty program.
It must be noted that using PAVO will reduce transaction fees for farmers and client allowing them to facilitate the seamless peer-to-peer transaction and to operate without central authority 24/7.
At this moment the fundraising campaign is ongoing and PRESALE PHASE 2 is in progress.
PAVO investors are able to receive 5 types of bonuses depending on the stage of ICO (see the details below):
PAVO tokens distribution will take place according to the following structure:
In order to participate in the public presale, investors are required to purchase PavoCoins worth $2,500. The general token sale will not have minimum entrance threshold except for the specified by the banking institution or corresponding blockchain network.
PAVO PROJECT TEAM is large and well-structured team. Highly-qualified experts including advisors must lead the project to the scheduled financial results in due time. The list of the team members/advisors and their details can be found on the official website of the project: https://pavocoin.com/#pavocoin. Also, you will be able to look through the team members by reading the official whitepaper (starting at page 53): https://pavocoin.com/doc/PAVO_whitepaper_en.pdf
Conclusions
PAVO project may be considered as a very promising undertaking for those parties involved in the agricultural business and for the usual customers. The concept of the project and its implementation will give the possibility to resolve a lot of issues related to pricing policy, yield and quality of the product, enhancing supply chain, lab testing, and online operating control. The developing of the hardware/software approach alongside with integration of the non-invasive blockchain mechanisms into agricultural processes will attract big agricultural corporations and private individuals and allow to transform a narrow specialization platform into the multifunctional farming ecosystem. High ROI is expected.
PAVO PROJECT CONTACT DETAILS:
Website: https://pavocoin.com
Whitepaper: https://pavocoin.com/doc/PAVO_whitepaper_en.pdf
Telegram: https://t.me/pavo_en
Twitter: https://twitter.com/PavoIoT
Facebook: https://www.facebook.com/PavoIoT
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3227901
The author of the article (on Bitcointalk):
https://bitcointalk.org/index.php?action=profile;u=1144629
Any feedback on PAVO project would be really appreciated.
Thank you!