To address the fragmentation of most seafood supply chains Fishcoin has been designed as a peer-to-peer network that allows independent industry stakeholders to harness the power of blockchain using a shared protocol so that data can be trusted, transparent, and secure.
The flow of tokens moves from buyers to sellers in supply chains, thus rewarding those who make the extra effort to capture and communicate data. This shifts the economic burden to downstream actors such as hotels, restaurants and retailers who benefit most from traceability.
Unlike many blockchain initiatives, Fishcoin is not based on a central company or entity. Instead it is designed to be a decentralized ecosystem that incentivizes data capture so that an ecosystem of companies and 3rd party developers can benefit by adding value to the network.
That is correct... 1 out of every 10 people on the planet derive their income from seafood and aquaculture.
People are eating more seafood than ever. In the past 50 years global per capita consumption has nearly doubled.
Export value doesn’t include retail, or domestic production so full estimates of the industry size are upwards of $500 billion USD.
At present, 89% of global wild fish stocks are overfished or being fully exploited.
As much as 60% of the seafood we take from the ocean is discarded, lost or wasted in supply chains.
Illegal, unreported and unregulated (IUU) fishing accounts for more than 700KG stolen each and every second.
of this seafood, less than 1% is actually inspected by the government specifically for fraud.
depending on the species and supply chain mislabeling can be as high as 86%.
beginning january 1, 2018 the U.S. Seafood Import https://icocoinlist.com/files/ico/monitoring program will block 15 species groups from import https://icocoinlist.com/files/ico/into the u.s. without traceability back to the boat.
buy with
eth,btc
platform
ethereum
location
singapore
exclusions
usa, china
pre-ico start
august 17, 2018
pre-ico end
october 14, 2018
ico start
october 14, 2018
ico end
october 31, 2018