[ANN] [ICO]🍷💰🍷BEVEREGE.CASH- UNIFICATION OF THE CRYPTO AND REAL ECONOMY🍷💰🍷

[Gothorum]

The BEVERAGE.CASH project implies:
- an intuitive application which is simple and accessible to new users.
- the social component - community members (experts, collectors, wholesalers, alcoholic beverage manufactures, etc.) are rewarded from the award fund through smart contracts for their achievements and recommendations.
- localization - the ability, with the help of geolocation, to allocate lots and users nearby, contact them using an integrated messenger and, if necessary, meet for the transaction.
- inability to manipulate the rating of trust– unique solution which excludes any manipulation.
- security - smart contracts protect users and their funds from mistreatment.
- transparency - all transactions are made in the blockchain.
- instant payments - smart contracts distribute money to participants immediately after transaction.

[Gothorum]

The socialization of the platform and development of a broad ecosystem based on it is the most important element of success. The platform is designed to meet the requirements of a wide variety of participants in the alcoholic beverage market and the cryptocurrency community.

PLATFORM’S PARTICIPANTS:
Investors - private and institutional - for them the purchase of highly liquid assets insures their cryptocurrencies capital against losses and brings profit. Investment portfolios with the highest profit will be awarded with the investment trust cup from bronze to platinum.
Traders have the opportunity to speculate on the market without having to purchase a lot. They are awarded with various statuses for the most active and
profitable work - from a novice trader to a guru.
Alcoholic beverage manufacturers have the opportunity to sell their produced alcoholic beverages on the platform.
Collectors and sellers have the opportunity to trade their alcoholic beverages on the platform.
Experts evaluate the quality of drinks, their price potential, taste characteristics, rarity of the drink, publish expert opinion, reports on tasting, awards information etc. Depending on the level of trust and activity, they receive payment for their publications from the award fund.
Consumers purchase drinks for further transportation to a specified location.
Advertisers any of the participants of the alcohol market and related areas can advertise their products on the platform. The advertising fund is distributed among the most active participants and beverage.cash development team.
Third-party developers have the ability to create applications for any device using our API.

[Gothorum]

Presently there are a lot of intermediaries acting as a point between the buyer and the seller. In the chain of wine distribution there are many intermediaries: importers, bonded warehouses, traders, carriers, auction houses and retailers. Each of them is a separate chain link in the way of the alcoholic beverage from the winery to the consumer. The mediator acts as a guarantor for both sides in the trade and shows evidence when necessary, for which he takes a considerable commission. Using the blockchain system and the trust rating, we reduce this chain to a minimum and allow the consumer to communicate directly with the alcoholic beverage manufacturer or the owner and with the help of a smart contract we guarantee a timely payment to the manufacturer of the purchased goods.

[Gothorum]

An important point is an integrated system of protection against manipulation by unscrupulous users. People have an intuitive understanding of trust and they use it as a tool that helps them in their daily interaction with other participants. Many of the systems used today designate a single universal solution to evaluate a rating of trust for each participating party. However all these systems are vulnerable to manipulation of malicious users. According to statistics about 15% of participants in social networks are bots specially designed to manipulate the opinion of the participants. In the social ecosystem of beverage.cash, we plan to use a tool of monetary encouragement of community members for their recommendations which will be a guarantee against bots and unscrupulous participants.

[Gothorum]

By issuing a recommendation the user assumes responsibility for the actions performed on the platform by the participant to whom he gave a recommendation.
For each positive transaction on the platform, the referee receives a percentage of the commission paid. He can pick up part of the money on completion of the deal and another part, in the form of an insurance fund, is frozen on the user's account. The insurance fund is required in order to compensate the damage suffered by one of the participants if the transaction occurred with violations. The insurance fund is cumulative - the sum is calculated based on the amount of completed transactions, the coefficient of positive / negative transactions and time. The higher is the coefficient, the less is the percentage of money frozen on the insurance fund account. Over time money from the insurance fund account is transferred to the client's account.

[beveragecash]

Beverage.Cash project

Presently there are two main problems in beverage industry:

Counterfeit and product information

According to the industry’s experts, fake wines now account for 20% of global wine sales and the same applies to other alcoholic beverages. As the demand for wine is rising in emerging markets, wine businesses and consumers have become major victims of wine fraud crimes.

Another problem mentioned above is the product information. The labels used by manufacturers nowadays do not satisfy most of the consumers in terms of the information provided. Bearing in mind the widespread concern about health and thus the ingredients used in wine and other alcohol beverages production, the consumers want to make an informed decision when buying the products
We propose to solve both problems with one solution by using of RFID/QR/NFC tags and blockchain technologies.


WE USE:
1.   RFID network – tags, readers, active sensors – automatically collects information from the vineyard, winery, wine cellar (type of grapes, weather information, quantity, quality, temperature, time stored in oak barrels, geolocation etc.) and store this information in blockchain.
2.   Blockchain is a guarantee that information collected by RFID can’t and will not be changed. This is the best protection against dishonest beverage producers.
3.   QR/NFC labels will be attached to every bottle of the beverage producer who participates in the project. From one hand, these labels is the key to access to all information stored about this particular bottle on blockchain for consumer; from another hand, this is a protection for producers from fake products being sold in the shops.

[Gothorum]

Encouraging participants of the social ecosystem
The promotion fund is formed on the basis of a smart contract and distributes the money between active participants after each transaction. The higher is the rating of the participant, the higher is the amount of payments he receives. The rating is given based on the following:
1. Recommendations made by participants
2. Number of positive / negative transactions made by participants who were given recommendations
3. Number of committed positive / negative transactions made by the user
4. Number of approved recommendations for lots
5. The number of positive / negative transactions with the recommended lots The rating scale is from 1 to 10.

[Gothorum]

Beverage token (BCUT) will be traded at the beverage.cash platform for the cryptocurrency Beverage Coin (BCCT). With Beverage Token (BCUT) the manufactures of alcohol products, wholesalers, collectors, owners of alcohol can place their alcoholic beverage products to the platform in the form of lot. Each lot placed on the platform (one bottle, one barrel, one box, etc.) is represented by a token that will accumulate information throughout the lot's existence: type of drink (wine, distillate, brandy, whisky, cognac etc.) manufacturer, packaging, ingredients, time and place of production, location, estimated value, recommendation made by experts, history of price changes, transaction history etc.

[Gothorum]

Beverage Coin (BCCT) is a crypto coin intended for making deals with Beverage Tokens (BCUT) - and pay service fee and commission on beverage.cash platform.
Beverage Coin is endowed by physical assets with high liquidity. It will be sold on major exchanges and is fully compatible with Ethereum wallets. The price of Beverage Coin (BCCT) is formed by the binding of the token to the total value of the lots placed on the platform for sale.

[Gothorum]

The need for alcoholic beverage trading platform with a tracking system for each bottle is vital because of the increase in counterfeits, falsification and the use of excessive preservatives and hazardous chemicals. Such system will provide the consumer with the opportunity to track all information about the bottle when buying it. All information is available to customers when making transactions on trading platforms and stored in the administered databases, i.e. at any time it can be changed by the owner of the database. We propose the use of blockchain technology where each transaction is recorded in blockchain and visible to the relevant participants. That’s why the information about all alcoholic beverages presented for trading on the platform will be absolutely reliable.

[beveragecash]

BEVERAGE.CASH - CRYPTOCURRENCY MUST TO BE USEFUL!

(Oricinal article read here: https://medium.com/@beverige.cash/9dbaa064e662)

After veritable explosion over the last few years bitcoin showed its largest drop since March this year and slipped to a 13-month low, falling below the $5,500. Ethereum, the second-largest digital currency, is down 14 per cent according to CoinMarketCap.

Vyacheslav Grekov, CEO Beverage.Cash project:
“Real sector economic integration represents a new era for cryptoworld.“

One of the main reasons for this rise of digital currencies is a hype-based desire of individuals to take economic power away from banks, governments and corporations. The main reason for the fall is the lack of cryptoworld and real economy connection. This turns cryptocurrency into virtual numbers not secured by anything other than hype. Having no financial support, cryptocurrency is doomed to instability.
The recent trend is the search for the ways to integrate cryptocurrency into the real economy. The first companies from the real sector of the economy have already begun entering the cryptocurrency market, which is becoming the logical continuation of their business by building new decentralized economic ecosystem.

Vyacheslav Grekov, CEO Beverage.Cash project:
“Many forms of cryptocurrency have been created over the last years and each of them has sought the way to integrate themselves into various sectors of the real economy. Cryptocurrency has to have a real worth and usefulness in order to be successful. Current trend of creating currencies backed by the real value helps to fill the gap between the real world and digital economies.”

The situation in the cryptocurrency market at the moment is showing that the currencies secured by real value are not subject to general downtrend and demonstrate a stable growth.

Beverage.Cash project is the wine and craft alcohol trading platform with integrated social ecosystem and counterfeit protection and a mobile platform where producers and consumers get connected.
The integration of RFID/QR/NFC tags into blockchain, as a part of “The Internet of Things” (IoT), will ensure protection for beverages against counterfeit and provide useful information about the product to consumers, while being a direct marketing tool, building pre- and post- direct connection between manufacturers and consumers.

[Gothorum]

When product is added to the platform, a token containing and accumulating information about it is created. The moment when token is released indicates the starting point and guarantee of reliability of information about the drink. From this moment all information about the product will be recorded in to blockchain: time, raw materials, transportation, place, packaging, storage conditions, aging, change of owners etc. To automate the process of information collection and exchange we plan to use various tracking systems: quick response code (QR), radio frequency identification (RFID) and electronic product code (EPC).

[Gothorum]

To exchange the information we’ll be using the Global Standard 1 (GS1) protocol, through which it’s possible to implement the identification scheme at all stages of production, storage and distribution of the product. Currently the Global Standard 1 (GS1) protocol supports using of RFID with the EPC. Using RFID tags the system will be able to collect information about all the operations performed and create records about them in the chain. For participants who implement Global Standard 1 (GS1), it will be possible to add previously collected information about the product, using the product electronic code (EPC). This way the system will ensure the authenticity of information about the origin of beverages placed on the platform.

[Gothorum]

The blockchain will perform the following tasks:

1. Addition and storage of plausible information about the various stages of the production.
2. Protection of information from changes.
3. Ability to track all information about every bottle.

Each block in blockchain will be tied to a strictly defined stage of the product’s life cycle and contain related information:

1. Grapes, fruits, grains: quality, quantity, collection time, weather (plantation/farmer)
2. Wine / Alcohol: fermentation, distillation, aging, packaging, timestamp etc. (alcohol producer)
3. Wine / Alcohol: blending, aging, packaging, timestamp etc. (bulk wine/ bulk spirits buyer)
4. Wine / Alcohol: delivery, storage, distribution, timestamp etc. (wholesalers, sellers, intermediaries)
5. Wine / Alcohol: storage, temperature, humidity, place, timestamp etc. (warehouse)
6. Wine / Alcohol: place of purchase and storage etc. (consumer)

[Gothorum]

Creation of a blockchain begins with a first block added by the farmer on the plantation and containing information about harvested grapes, fruits or grains. At each next production stage new blocks are added to the blockchain. Before the next block can be added, the previous block must be approved by the majority of experts. Since each block will contain information about the previous and subsequent blocks, any attempt to substitute a block inside the chain will lead to a rupture of the chain.

[Gothorum]

The first block is assigned with a unique identifier which will be present in each block of the chain from the plantation to the final customer. Due to this identifier it will be possible to track information about each bottle. The code on each bottle is collective and contains information about the identifier of the chain and each block passed by the product during its life cycle.

[Gothorum]

Block structure:
ID: unique participant’s identification number
Block: block number
Batch: batch number
Production ID: unique Plantation/Factory/Warehouse ID number
Product ID: grapes, fruits, grains, vine, spirit unique ID number
Product type: grapes, fruits, grains, vine, spirit definition
Quantity: amount of product
Information: information related to the current stage of production
Timestamp:
Prev. Hash
New Hash
The block will be built on the principle of a private network where members of ecosystem with a confidence rating of at least 8 (experts/miners) have the
opportunity to approve the addition of a new block.

[beveragecash]

Read our article here! to learn more and get updates from beverage cash

https://medium.com/@beverige.cash/beverage-cash-soft-cap-reached-56ea7b5ab9d5?fbclid=IwAR03lvxp7xGy_b-ro3FbLvu4thr8c0-19csfhxY3o4QikzdUHrn9kmsPFHE

[Gothorum]

The first block in the chain is linked directly to the time when the alcoholic beverage is added to the platform. If the first block is added by the farmer, then the customer will get access to all information up to the plantation. If the first block will be added by the wholesaler, then all information blocks about previews production stages (plantation/farmer, alcohol producer, bulk wine/bulk spirits buyer) will be missing in the chain.

[Gothorum]

Using this blockchain structure makes possible the tracking of reliable information about every production stage right from the bottle.
Mining in the chain will be presented in two versions:
1. Experts who check and approve the acceptance of blocks in the chain.
2. Members of the ecosystem who provide disk space for blockchain. Payment to miners is made as a percentage of the transactions conducted on the platform.