(CIBUS )

The Best Food Ecosystem On Blockchain

1.Why need a Blockchain for food safety inspection

Lack of reliability, inadequate information and non-transparency about food ingredients and, its origin is the most vital problem of present food industry, and traceability is considered as the most appropriate approach to bring ultimate consistency and transparency.

The terms “food safety” and “food quality” may get confusing at time. Food safety refers to all those perils, whether persistent or acute that may turn food injurious to the health of the consumer. Quality includes all attributes that impacts on a product’s value to the consumer. This includes positive qualities like the origin, colour, flavour, texture, and processing method and negative qualities such as spoilage, contamination with dirt, discoloration, off-doors, of the food. Thus the difference between safety and quality has implication for public plan and influences the nature and content of the food control system, which is the most suited option to meet predetermined objectives for maintaining food quality.

Traceability and lucidity are some of the most vital basics of logistics. Blockchain optimizes business transactions and trading associations with strong and secure business networks on Blockchain — in accordance to scalability and globally.

Blockchain provides a shared ledger that is rationalized and validated in real time with each network contestant. It empowers equal visibility of activities and it can expose any asset at any point in time, regardless who owns it and its latest condition. It is safe, secured, and cannot be tampered by any means so it promotes best transparency.

Transparency is the most demanding aspect of customers that has been increased in recent years. The transparency has the ability to assess the performance of a supply chain and their by increase the confidence of concerned players and of course improve the customers trust. Considering the characteristics of Blockchain technology, it is the best solution to achieve transparency by simply disclosing the information to others. The strengths in the transparency of the blockchain lies in the trustworthiness as a transaction cannot be changed or manipulated afterwards. The trustworthiness cannot be achieved by a centralized system, since it is impossible for an outsider to assess the trustworthiness of the disclosed information. Therefore, it is advantageous to use a blockchain technology over a centralized system in terms of trustworthiness.

2. Reasons We Choose Blockchain

We designed this platform to run using blockchain technology as the basis for our platform development. Because from the first appearance, blockchain comes with the offer of fast and secure online transactions and supports all types of data and cryptocurrency. Blockchain technology uses a system, where every transaction is recorded and can not be changed forever, so transaction security and transparency can be maintained and reduce the chance of cheating data. We make Platform CIBUS run using blockchain technology, where production and distribution records recorded in Cibus blockchain cannot be altered and can not be considered counterfeit, so consumers or buyers can use the data to recall the product immediately if the product is not available according to what consumers want. We will create the Cibus Platform to have a token that can be used as currency within this platform. We will keep every transaction that you do quickly and also safely, using blockchain technology. Every party who transact will be directed to use the Cibus token we provide, in order to maintain the speed and security of the transactions they make.

3. Escrow Service

We will provide Escrow services to manufacturers as well as consumers, by forwarding payment to them shortly after their transactions are completed properly. This is intended to maintain the security of transactions between producers and consumers.

4. System of CIBUS

The CIBUS platform will run using blockchain technology, which will provide transparency and security on this platform. The systems we design and the blockchain technology will be used to determine the quality of food and health supplements as well as the fulfillment of transparency for consumers. Our goal is to bring food manufacturing and food supplements, producers and sellers under one functional, interactive, and mutually beneficial Platform based on blockchain technology, and enable transparency of data open and accessible to all interested parties. Thus, we hope that business owners and consumers can enjoy the best transparency, authenticity, and reliability of the food products they consume.

5. Vision Of CIBUS

Global supply chains are extremely effective these days but in many ways they are adulterated with nontransparency, fraudulent activities, outdated stocks, etc. Moreover, reliance on outdated technology or manual procedure creates unwanted gap between manufacturers and traders with consumers in several ways. Blockchain technology, which has the potential to be used as secured way to record and transmit data in a safe and decentralized networks, has now been counted as a promising way to improve these chains.

One point that sets CIBUS apart from other almost similar projects is that CIBUS is going to launch hardware as well: best quality advanced and intuitive sensors that can continually monitor and steadily send data to the blockchain as an item transits from manufacturer to its end user.

CIBUS is on the verge of creating a potential market. Most important factor in this system workflow is complete transparency and conviction. The main focus will be to develop an ecosystem that address market issues, can bring down costs, and can boost efficiencies. All these components will help CIBUS to it be the most favourite for all stakeholders integrated in the supply chain — from the producers to traders to consumers.

CIBUS is also creating a blockchain-centric procedure that has the flexibility to be used at different supply chain settings. CIBUS protocol is Ethereum-based and it can write smart contracts, which is expected to add heaps of efficiencies, along with transparency and responsibility to the whole chain.

CIBUS is going to launch a new cryptocurrency token CIBUS token, which will be used on the CUBUS Platform only in a way that remains associated with each item within the chain. Amidst other things it holds the data as the food item moves ahead toward its consumers, and it also offers incentives for the stakeholders. CIBUS token is expected to be the central part of the equation.

CIBUS seeks to facilitate a locked and sovereign supply chain, develop an improved distribution procedure and permit consumers to effortlessly see where their purchased products come from and the ingredients in it.

Thus CIBUS is an encrypted ecosystem. It’s operated with CIBUS token economy with direct relations between users and network nodes. Contribution to CIBUS ecosystem is a promise toward more transparent, two-way, reasonable, and, reliable supply chain or better food safety.

6. TOKEN SALES — JOIN OPPORTUNITY

With this opportunity, we invite you to enlarge this Platform, to reach the Broader Society. We will release the Token under the name “CIBUS Token ”, here is the data.


•  Name:  CBT

•  Token exchange rate: 1 ETH = 1000 CIBUS Token

•  Total token supply (max):  100,000,000 CBT

•  PRE - TGE TOKEN SALE END DATE:  10:59 AM (GMT) on February 28, 2018

•  ICO Token Sale Start Date: 11:00 AM (GMT) on February 28, 2018 

•  Payment methods: BTC, ETH, LTC, DASH

•  Soft cap: 5,000,000 CBT

•  Hard cap: 40,000,000 CBT

•  Min purchase: 10 CBT