Cotton is used in the textile industry for the manufacture of fabrics, it is the main product for the manufacture of clothing, bedding and other accessories widely used in our daily lives, it is a product in great demand which is why it is also known as the white gold.

However, cotton farmers in third world countries are going through a series of problems associated with poor government policies, global warming, late payments, resistance of plants and insects to pesticides, debt, corruption, among others. Factors that have caused hopelessness and distrust among farmers and all those involved in the cotton supply, processing and distribution process, causing some farmers to make the decision to commit suicide as a way out of their problems, that or they have left their jobs to find new ones.

What is Cotton Coin?

To restore the confidence in the cotton industry Cotton Coin with its cryptocurrency COTN, presents an alternative using the benefits of blockchain technology to carry out transactions that allow integrating all those involved in the process from the time the farmer sells his product until it reaches the consumer. The transactions are made between the seller and the buyer immediately, without intermediaries that may influence the operation.

Another advantage of Cotton Coin is that it will help authenticate the cotton sources, we can track the delivery and control the cotton prices. This will allow us to improve the distribution processes and generate trust between companies, consumers and the supply chain. For example, a farmer who wants to sell his cotton with Cotton Coin will be able to offer his product at the best market price and the buyer will pay him instantly, without the need for banks and other financial institutions to be involved, and it will be done privately so that the transactions can not be traced.

Let's support Cotton Coin, a cryptocurrency to make safe, fast and reliable transactions that I am sure will help solve many of the problems the cotton industry is facing, saving lives in the process.