CIBUS — Food Ecosystem On Blockchain

Thứ Bảy, 3 tháng 3, 2018
CIBUS Is Poised To Create Fresh Revolution With Blockchain Enabled Food Ecosystem 2.0 For 21st Century


I. 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.

II. Introducing CIBUS ecosystem

CIBUS Token: Underlying crypto-currency for all transactions on CIBUS platform, which is the only mode of payment for transaction fee, escrow services, advertising and analytics data. All transacting parties on CIBUS Trade and CIBUS Retail need to maintain a minimum CIBUS token balance to initiate their deals on CIBUS.

CIBUS word — Global Food Business Ecosytem on CIBUS Blockchain: CIBUS transparent global food business ecosystem on blockchain technology can promote following categories of food businesses on global platform:
+ Agricultural production
+ Industrial manufacturing of processed foods
+ Wholesale or retail food distribution
CIBUS blockchain based business ecosystem can offer well suited solutions to the majority of recurring quality and authenticity problems in food business supply chains worldwide. Benefits can be enjoyed in following areas:
+ Traceability of ingredients and packaging materials for best food safety
+ Brand protection resulting to brand equity establishment
+ Consumption of real time data to adhere to regulatory audits
+ Monitoring of delivery condition of temperature for sensitive products
+ Ensuring compliance to GFSI motivated VACCP (Vulnerability Assessment and Critical Control Points) guidelines.
+ Fast recovery of food safety data in case of product recall
+ Accurate traceability implanted in supply chain will enable partner producers to deal with problematic products fast.

CIBUS blockchain process is based on Pull Model: Unique features of CIBUS model is figured in the following model.

III. 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.

IV. Why CIBUS?

The mission at CIBUS is project is:
CIBUS will to line up and transparent the global food supply chain and related market so that the interest and trust of consumers and farmers can be maintained at its best. At CIBUS our aim is to reward the farmers who put their labour in producing food and of course the consumers who has all the right to have quality food on their table.

Thus eventually, all stakeholders can yield profit from the elevated whole value proposition for verifiably quality food. Moreover retailers sourcing quality food products can trace and display the origins and superiority of their food, which consumer can check on their own. Governments will get to guarantee conformity by the food industry to standard and values by checking records and methods documented on the blockchain.

Apart from that Smart contracts can establish commercial relationships between different parties as well as can control/reduce risks and trading disputes, permitting suppliers and buyers to enter MOU without suffering from stress about the status or solvency of their counterparty.

The blockchain technology has far above the ground possibilities and the application so far made is just tip of the iceberg. Based on blockchain, CIBUS is having enormous ability to improve the efficiency in food sectors and enhances globalization in a broad-spectrum. CIBUS is keen to collaborate with concerned developers, food aficionados, farmers, and other parties with contribution/interest in the food sector. Many parts of CIBUS ecosystem are being built for people who are not aware of blockchain for example, consumers verifying quality of food or farmers operating on peer-to-peer marketplaces. So, the ultimate goal is to generate a community-driven, lively ecosystem, which can use the core and modules of CIBUS for building a better future for the global food markets.

CIBUS application is poles apart than other Ethereum based blockchain model. The reasons are:
+ Producers can upload food safety traceability related data in shared ledger
+ Consumers will have complete leverage to opt for checking food safety related data
+ Producers can check the algorithm of data over a period of time: they can check how many consumers are willing to pull data and what type of data are being pulled
+ CIBUS platform will be flexible for food producers: One can upload data on personal discretion
+ CIBUS social will work as a passive puller of data based on consumer discretion.

CIBUS Utility

CIBUS is a multi-functional platform powered by CIBUS Tokens that aims:
+ Promotion of food safety and transparency by using blockchain and ensuring product authentication, visibility of product’s life cycle journey visibility, product recall efficiency and, inventory management
+ Authentication for products’ freshness in case of perishables and chain of custody with accountability, supply chain mapping and optimization.
+ Facilitation of direct retail(B2C) and business to business(B2B) food trading
+ Creating a holistic food based social network globally.
+ Robotic assurance for supply chain management
+ Customs, audit, and regulation process optimization to implement optimum transparency in supply chain system with the support of PULL chain algorithm.

CIBUS Architecture

CIBUS Blockchain will contribute in adding transparency which will help global food industry in quick & efficient fraud prevention

CIBUS possesses very clear cut solutions for various practical issues in agri food business Furthermore, CIBUS is designed by food scientists who have decades of experience in dairy and related industries in collaboration with blockchain technology specialists to ensure optimum accuracy and efficiency for its users.

In a nutshell
+ CIBUS intends to provide escrow services, analytics and affiliate e-commerce functions. CIBUS uses blockchain technology to bring absolute transparency in food and dietary supplements supply chain thus boosts food safety and traceability.
+ It benefits end-consumers by offering adequate information stored on blockchain, accessible on mobile application and websites, so that informed choices can be made before each and every food/dietary supplement purchase.
+ CIBUS also reduces involvement of intermediaries in the food economy by creating an e-commerce platform for food and dietary supplements. This facilitates direct trading between businesses and end consumers as well as other businesses.
+ CIBUS earns on transaction fee, digital advertising, escrow services and user analytics data it provides to sellers from its incentivized social networking platform.

V. How CIBUS Work.

Benefits to sellers

+ Fast and detailed customer feedback
+ Marketing & promotion directly to consumers
+ Full control on Brands image
+ Lower cost to reach customers
+ Interoperability of scalable data

Benefits to Buyers

+ Transparency in food & dietary supplements
+ Food ecosystem on trusted blockchain
+ Higher quality at cheaper price
+ Engagement with sellers directly
+ Rewards for social proofs
+ B2B and B2C Ecosystem on Food & Dietary Supplements
+ CIBUS offers traceability and transparency over Blockchain
+ Trustless trading between Buyers and Sellers, cutting middleman
+ Various smart contracts to facilitate cross-border trade
+ CIBUS token facilitates trade, escrow, fees & loyalty rewards
+ Interoperability of data between participants within Ecosystem
+ Trust, performance & scalability at lower cost in Food business

VI. CIBUS TOKEN

CIBUS tokens are the medium of transaction on CIBUS Ecosystem. It provides access to CIBUS Trace and other core functionalities. CIBUS coins are also the medium for fee payment, referral bonus, bounty program, incentives and other reward payments.

Free Token Bonus



+ CIBUS team’s tokens are locked for 2 years with four 6-month vesting periods
+ Advisors’ and early supporters’ tokens are locked for 6 months
+ The Reserve Fund’s tokens distribution will start in 2019 and last for up to 2 year with the primary goal to incentivize new customers to join and accelerate adoption of the CIBUS Food ecosystem by broad audiences

VII. Roadmap

VIII. Team



About CIBUS



— — — — — — -Author — — — — — — -
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1330327
CIBUS USERNAME: hongquanacbd@gmail.com
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