Cotton Coin: Breaking the marketing chain

Cotton is a material that we commonly use in our homes, in the textile industry and in healthcare centers. Despite its frequent use, we know little about how it is produced.

Cotton is a plant that is grown in different climates, it can flower in tropics, subtropics and temperate environments, however long and intense frosts can damage the crop. Cotton requires a prolonged growing season with plenty of sun, water and dry weather during harvesting. The period of growth of a cotton plant can vary between 150 to 180 days, depending on the temperature and the conditions in which it is found.

The clearing is the process in which cotton is passed through a piece that removes impurities, such as seeds, stems and others.

The original color of cotton is not white, so it goes through bleaching processes in order to obtain a cleaner and more pleasant color, such as we can see in the packaging.

One of the problems Cotton Coin is trying to solve is the inequality in the marketing chain, where small producers can be affected and receive the minimum profits. With the Blockchain protocol, small producers will guarantee the fair price established by this virtual currency.

[Cotton Coin:](https://cottonco.in/) is executed with a blockchain protocol that creates a trusted transaction book to integrate consumers, supply chain participants and authorities into an ecosystem. This peer-to-peer payment network can be used as an alternative to the fiduciary currency for instant payment.

Cotton Coin will guarantee a back-end traceability solution from producers to buyers, to be used by more than 6,000 companies, managing more than 400,000 transactions each day and reaching 30 million people around the world with the help of our agents and dealers. A front-end B2B dApp helps authenticate cotton sources, tracks delivery and controls cotton prices, while a B2C dApp helps consumers buy cotton directly.

Through Cotton Coin the prices throughout the marketing chain will be auditable and fair, transparent because the system allows the transactions to be viewed by all users.

As shown in Figure 1 and 2 when Cotton is used as an exchange currency, prices will be fairly set throughout the marketing chain, with no losses in any of the links, in addition to improving profits. Now, it is no secret that the Blockchain technology is not used by all actors within the system, over all farmers or primary producers of raw material, that is why the ideal proposal would be to equip technology and training free of charge to enter to the world of Blockchain and present the advantages that this presents.