Environmental friendliness of the "AGROBON" business model
The «Agrobon» project offers multiple solutions and tools that can help solve vital environmental and economic issues while meeting requirements for working with the agricultural markets of the European Union and all developed countries:
Ecology, "carbon footprint" and certificates of origin of agricultural products
Fostering European cooperation with foreign markets and strengthening economic ties in Europe
Global scalability of the project and introduction of new functions for traditional banking in digital commerce
Brand new global digital commerce platform without international currency transactions
Ecology, "carbon footprint" and certificates of origin of agricultural products
Fewer intermediaries and shorter logistics chains: with the ability to search for the nearest counterparties on the Agrobon platform, the time and distance between the seller and the buyer are shortened. This will decrease the emission of greenhouse gases (CO2) associated with the physical transportation of goods and mitigates the impact on the climate.
Fewer mineral fertilizers and a more "cyclical economy": "Agrobon" encourages farmers and households to produce agricultural products under the principles of resource conservation and "cyclical economy". This will reduce the use of chemical fertilizers in favour of natural organic fertilizers and soil conservation technologies while guaranteeing the preservation of soil and local freshwater bodies.
Keeping and confirming the mapping registers of agricultural lands and water bodies: The list of data may also include crop rotations, applied agricultural technologies, etc. - this is vital to gain access to the protected agricultural markets of the European Union or the development of organic farming.
A digital proof of origin of agricultural products for EU markets through secure distributed ledger-based registries: Agrobon helps to solve this problem by allowing farmers outside the EU to enter and verify their data online 24/7 365 days a year. From the applied technology of agricultural production to storage and delivery -- within one large multi-lingual platform and ecosystem One.space (https://one.space), which is compatible with European private registries. This is the Ukrainian solution that complies with the strict legislative requirements to access the European Union markets, which is vital when dealing with forward supply contracts.
Scalability and regional adaptability: Agrobon’s easily scalable and adaptable model can be fitted into any national market and legislation. It contributes to the global spread of ecologically sustainable agricultural practices and the horizontal "interweaving" of economic ties.
Transparency and feedback: Our decentralized platform and One.space ecosystem (https://one.space) allow consumers to store and receive reliable information about the origin of products and the technology of their production. It cultivates the buyer's confidence in sustainable development and effective resource management with no harm to the environment.
Fostering European cooperation with foreign markets and strengthening economic ties in Europe
Same "rules of the game" for everyone, guided by law, when entering EU markets.
In case of recognition and cooperation by the state authorities of the EU countries, protected distributed ledger-based registers of the One.space digital ecosystem (https://one.space) together with our System will deliver to such authorities, Ukraine and other countries even greater simplicity and transparency in confirming transactions (contracts, shipments, cargo movements, etc.) with suppliers. It will ensure the same "rules of the game" for everyone under the law and will prevent any fraudulent activities, as well as facilitate the automatic transfer of information for taxation - by monitoring the financial flow of transactions.
Digital integration between sellers, buyers and public authorities, especially in the European Union – through keeping a register of sellers and classic escrow bank accounts:
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Maintaining distributed ledger-based registers with confirmation of relevant EU certification requirements, directives and regulations for agricultural products will be a key condition for access of farmers/suppliers from outside the EU into EU agricultural markets. As a result, this will inevitably lead to a shift in the structure of market participants: they will have fewer trading intermediaries and more price predictability.
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This also directly aligns with the political intentions of the EU: intra-European cooperation, the interweaving of economic ties and, most importantly, the direct sale of high-quality products at predictable prices.
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Such distributed ledger-based registries can store data about producers and sellers of agricultural products, the registration of plots of land, crop rotation on them, the history of fertilizer application, and technological conformity of products, which is a voluntary but highly recommended measure.
Global scalability of the project and introduction of new functions for traditional banking in digital commerce
A scalable architecture based on civil law in the form of a digital ecosystem.
The "Agrobon" project’s scalable architecture allows it to be easily expanded to other countries, so not only Ukraine and EU countries but the Middle East, Asia, Africa and the Americas. By the beginning of 2024, we intend to lay the foundation for global expansion by registering the first regional operators in the ecosystem.
More self-regulation of markets based on legal compliance, transparency and personal verification.
Our regional Bitbon System operators, which are expected to launch by the end of 2023, will act as a "connecting link" between local farmers, households and buyers. These operators will be responsible for maintaining the quality of the service, checking the reputation of the parties, resolving conflicts, and managing the seller register and general user service in their region (country, district, large city...)
Classic bank escrow accounts.
Opening escrow accounts in each of these countries will ensure the security of transactions and trust between participants, as these accounts will be protected by the regulatory mechanisms of the resident country.
