From Part 1:
Blockchain - the mainstay of all crypto - was built to change our world. Each coin or token should be built with a stable foundation of useful application in society, to maintain it's value.
2nd IN A SERIES OF SOCIAL IMPACT IN BLOCKCHAIN
FLORACHAIN (Blockchain Technology) Answers Social Impact Responsibility Questions
Discovering Blockchain's Capabilities :: FloraChain prioritises Growers
I've set out to explore the many technologies that are making Social Impact a massive part of the way in which they design & implement their particular application.
FloraChain is one of the technological innovations that have captured me into researching more deeply what they're up to and how they plan to change the landscape of the Floral industry using Blockchain technology.
Social Impact in Supply Chain built using Ethereum's Blockchain technology
Florachains Co-Founder Alex Frost answers some of the Social Impact Responsibility questions I have relating to how effective the FloraChain system will be in actually benefiting the majority of the people involved in the Floral supply chain. As it stands the supply chain is ineffective in providing accurate information for anyone along the line.
Aside from the growers, Florachain's entire process takes into account every person along the chain and the information they require to smooth the process on their end.
Alex Frost said of FloraChain's capabilities:
- We Help florists source new products worldwide - broader product selection for consumer
- We provide onsite Quality Assurance for factories/vendors offshore : improving supply chain relations.
- Help consumers with better real time product information : knowing where your flowers come from is more than just special...
- We share with consumers the correct provenance of fresh flowers, cut date, freshness rating, etc so they can make better informed buying decisions locally."
As per the diagram below, a 'circular' or supply chain mechanism is created on the basis of ::
Trust
Authenticity
Transparency
The foundations of Blockchain. Consolidated with Smart Contracts leaving no room for misunderstandings or miscommunications.
Trust
An economic value recreated through decentralised technology, lost in the generations of monetary madness.
4. How do you intend to reach the growers and convince them this is a good idea?
Alex Frost : Florachain will and already does attend trade shows in each region of the world, an office in each major flower producing region, a comprehensive marketing plan are all part of the plan.
Notes: Most prolific growing regions globally: Netherlands, Kenya, Ecuador, Ethiopia, India, Colombia
Largest exporters of flowers.
5. Will you ensure an equal distribution of the additional wealth to workers?
We plan to create a certification for growers and manufacturers in the floral supply chain as a part of a future social impact plans which will also develop as the system is used and further needs are identified.
More Social Impact Questions to be answered ::
What will be the 'spin-off' benefits to the community of the proposed benefits?
Will there be fair distribution of FloraChain Tokens/Coins for the workers on the farms growing the flowers whom are equally important in the supply chain?
#FloraChain has proven to be prioritising the social impact of everything they do to ensure the planet and the people involved in the system are benefiting most.
'Just the reduction in paper use alone will improve the carbon footprint of the Floral Supply Chain by using FloraChain's new Blockchain System'
For investment information and to find out more about FloraChain please connect with Bonnie Crofford on Linkedin or one of the Co-Founders Brian Kanda or Alex Frost. Do mention #Pi on intro.
Join the growing FloraChain community on Telegram, Linkedin, Twitter to be a part of the early investor opportunities on offer.
Blockchain's Social Impact Capabilities blossom :: FloraChain shows us how Pt 3 - Coming Soon
Next Time:
Do we truly know what Social Impact is and are we doing enough to address this as a priority within the technology industry?
TOKENOMICS AND ICO
FLORA token – based on the Ethereum ERC20 Standard, all parties reduce costs, increase efficiency by establishing a global currency.
Token name – FLORA
Pre-sale – May 2018
Public Sale (if needed) – Late June 2018
Soft cap – $10 million
Hard cap – $30 million
Refer to www.FloraChain.io for latest and up to date information. The token will be allocated as follows:
Public Sale – 40%
Reserve – 15%
Founders – 15%
Advisors and Partners – 10%
Flora Laguna – 7% (This functions as a liquidity pool to account for volatility for the FLORA token)
Bounty & Rewards – 5%
Early Investors – 8%
An indepth article on InfoSuburb about FloraChain as an investment opportunity and all it offer the supply chain mechanisms.