What is Pavocoin Project?
Pavo is a blockchain-based cryptocurrency and IoT software platform targeted at the multi-trillion dollar global agricultural technology industry. The goal, as you might have guessed, is to increase operational efficiency for agricultural companies. Pavo will do that by lowering costs and increasing yields for participants across the industry.
loT blockchain solution for the global agriculture ecosystem. Pavo enables growers to make smarter, faster agricultural and business decisions based on real data. PavoCoin (PAVO) is an Ethereum token that enables cannabis market participants (such as growers, producers, innovators, retailers, and service providers) in our network to accept digital payments from their customers and community members and used inside our network as a mean of payment. We have an end-to-end solution that uses Blockchain in two dimensions a) underlying technology for the Pavo coin cryptocurrency b) to secure data collected from sensors at the agricultural crop, all the way from the field or indoor farm, to our secure cloud computing platform. Further, we have the capability to provide a UPIN - Unique Pavo Identification Number, for each plant, so that each plant of each harvest lot can be uniquely tracked from the field or indoor farm, all the way through the supply chain.
Pavo Technology:
The Pavo platform is enabled by a hybrid (hardware/software) solution that is easily accessible through user-friendly desktop, tablet and mobile interfaces. Pavo users can view key activities and metrics related to their operations in real time with high precision reporting and sophisticated analytics built on top of that intelligence.
When the Pavo solution is in place, it delivers full visibility (e.g., overseeing growth stages, harvesting, managing inventory, and tracking sales), along with a better understanding of the end-to-end grow operation. The Pavo dashboard displays at-a-glance information on the vitals of the grow operation such as resource utilization and the cultivation staff’s actions in reverse chronological order, in the form of a detailed news feed.
Once enough information is gathered in the system over the course of multiple rolling grow cycles, recommendations customized for each farm site significantly reduce power, water, supplies usage and undue maintenance costs. Constant monitoring of streams of sensor and operational data helps Pavo automatically compute a GrowScore per farm or indoor zone that is presented in the form of a heat map. The aim is to always promote better cultivation recipes and crop management practices for every specific site, with customizable granularity per farm site.
Pavo also facilitates on-site communications and assigns tasks to pre-defined human resources, with an eye towards optimal resource scheduling and further process automation. Cultivation staff can not only reach vital performance indicators on-the-go but can also conveniently log their expert impressions on the current crop conditions to form a more complete picture of crop performance overtime.
How does Pavo IOT Token For AgTech Works?
Pavo will initially target the legal cannabis segment of the agricultural industry. The goal is to help growers run their site operations and manage their supply chain. Pavo will also offer a cryptocurrency for the entire B2B cannabis ecosystem.
That cryptocurrency could be used by all participants in the legal cannabis industry, including growers, wholesalers, dispensaries, infused product manufacturers, and others. These participants can depend on Pavo’s cryptocurrency as a secure, safe, and reliable payment method.
Obviously, the legal marijuana industry is one of the biggest areas of potential growth for cryptocurrencies: legal manufacturers in states where marijuana is legal are often unable to access banking services because marijuana is still banned at the federal level. This has pushed many members of the industry into cryptocurrencies and other alternative payment methods.
Marijuana industry participants face other problems: even in situations where marijuana is legal, it’s regulated very heavily. Medical cannabis producers have no room for error. The law makes it paramount that licensed producers adhere to high quality standards in terms of security, manufacturing, record-keeping, and quality. All licensed producers are responsible for controlling their supply chain. Failure to meet these strict requirements may lead to the loss of a license.
Beyond just helping companies manage regulatory requirements, Pavo will help cannabis growers improve their crop quality.
Overall, Pavo wants to improve all stages of agricultural production – starting with the legal cannabis industry. Pavo will provide taxation and regulatory compliance, for example, as well as cost management, inventory control, growth reinvestment, and more.
To solve all of these problems, Pavo will implement a leading blockchain-based system. Cannabis growers – and other members of the agricultural industry – can use this system to manage their business from sale to sale, ensuring authentication, confidentiality, and accountability while making smarter, faster, and more sustainable decisions from both a business perspective and an agricultural perspective.
That blockchain-based system will really on IoT devices – including smart devices. These smart devices could be used to measure growing conditions, analyze growing patterns, track crop activity, and track the movement of items through the supply chain.
Pavo already has a pilot program with growers in the San Francisco Bay area. After the ICO (scheduled for March 2018), Pavo will drive adoption of 500 grower sites in the first 12 months, with 1,000 by the first 18 months.
Team:
Advisors:
Token Sales Detail:
On February 21, it was announced that Pavo had partnered with ICOBox to launch their mid-March ICO. ICOBox will provide technical, legal, and marketing services for Pavo as it prepares for its ICO. Pavo aims to collect $65 million through its ICO for PavoCoin tokens starting on March 15, 2018.
As of February 27, 2018, there’s limited information about the PavoCoin token sale (or any aspect of the company) available online. However, we expect that to change as we get closer to the sale date. You can whitelist yourself for the token sale by visiting PavoCoin.com.
Token: PAVO
Price: 1 PAVO = 1 USD
Bonus: Available
Bounty: Available
MVP/Prototype: Available
Platform: Ethereum
Minimum investment: 500 USD
Soft cap: 5000000 USD
Hard cap: 30000000 USD
Country: USA, Switzerland
Whitelist/KYC: KYC & Whitelist
Restricted areas: USA, Iran, North Korea, Cuba
For more information:
Website: http://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/
Author: tinhkhuat
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1885373