CIBUS - A blockchain-based ecosystem on food and health supplements ensure the origin, quality and fulfilment to transparency

Global supply chains are extremely effective these days but in many ways they are adulterated with non-transparency, fraudulent activities, outdated stocks, etc. Moreover, reliance on outdated technology or manual procedure creates unwanted gap between manufacturers and traders with consumers in several ways.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.

The CIBUS World network is a blockchain-based ecosystem on food and health supplements ensure the origin, quality and fulfilment to transparency. The genesis of CIBUS platform is to bring food and dietary supplements manufacturers, producers, sellers or traders under one functional, interactive, and mutually profitable platform based on blockchain technology and enabling a transparency via trustworthy data sitting on distributed ledger which can be freely accessed by all interested parties; Thus both the business owners and consumers can enjoy best possible transparency, authenticity, and reliability about the food products they are interested in.

CIBUS Vision

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.

CIBUS Mission

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.
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.

Production and distribution records maintained in CIBUS blockchain cannot be falsified. Consumer/Buyers, food producers and regulators could use it for rapid trace food products back to their source, to decide quick removal in case of food recall or fraud detection while availing a high degree of transparency.

CIBUS Token enables trust less transaction within the platform between all participants. It is the underlying currency for all transactions, mode of payment for transaction fees, escrow services, and advertising and will provide commercial analytics and transactional intelligence. All transacting parties will be required to buy and pay using CIBUS tokens.

Escrow Service

We will provide Escrow services to manufacturers and consumers, by forwarding payment to them as soon as their transactions are settled correctly. It is intended to maintain the security of transactions between producers and consumers.

CIBUS System

The CIBUS platform will run using blockchain technology, which will provide transparency and security on this platform. The systems we design and the blockchain technology will be used to determine the quality of dietary supplements and health as well as the fulfillment of transparency for consumers. Our goal is to bring food producers and food supplements, producers and sellers under one functional, interactive, and mutually beneficial platform based on blockchain technology, and enable open data transparency and be accessible to all interested parties. Thus, we hope that business owners and consumers can enjoy the transparency, authenticity, and reliability of the food products they consume.

Vision of CIBUS

Global supply chains are very effective these days but in many ways they are forged with nontransparency, fraudulent activity, obsolete inventory, and so on. Additionally, reliance on obsolete technology or manual procedures creates an unwanted gap between producers and traders with consumers in several ways. Blockchain technology, potentially used as a safe way to record and transmit data to a secure and decentralized network, has now counted as a promising way to improve this chain.

One thing that distinguishes CIBUS from other similar projects is that CIBUS will also launch hardware: the best quality and intuitive sensors that can continue to monitor and continue sending data to the blockchain as items move from the manufacturer to the end user.

CIBUS almost created a potential market. The most important factor in the workflow of this system is complete transparency and confidence. The main focus is to develop ecosystems that address market issues, reduce costs, and improve efficiency. All of these components will help CIBUS become a favorite for all stakeholders integrated in the supply chain – from producers to traders to consumers.

CIBUS also creates a blockchain-centric procedure that has the flexibility to use on a variety of supply chain settings. The Ethereal-based CIBUS protocol and can write intelligent contracts, which are expected to add much efficiency, are accompanied by transparency and responsibility for the entire chain.

CIBUS will launch a new CIBUS token tokens token kriptocurrency, which will be used on the CUBUS Platform only in a way that remains associated with each item in the chain. Amidst other things, this data holds data because the food item is moving forward toward its customers, and also offers incentives for stakeholders. The CIBUS Token is expected to be a central part of the equation.

CIBUS strives to facilitate locked and sovereign supply chains, develop better distribution procedures and allow consumers to easily see where the products they buy originate and the ingredients in them.

Thus CIBUS is an encrypted ecosystem. It operates with CIBUS token economy with a direct connection between the user and the network node. Contributions to the CIBUS ecosystem are a promise to a more transparent, bi-directional, sensible, and reliable supply chain, or better food safety.

The global CIBUS global food ecosystem in blockchain technology can promote the following categories of food companies on the global platform:

● Agricultural production;

● Industrial processing of processed foods;

● Wholesale or retail food distribution.

The CIBUS block-based business ecosystem can provide well-suited solutions to most of the recurring poor quality and authenticity problems in supply chain supply chains around the world. Benefits can be enjoyed in the following areas:

● Traceability of ingredients and packaging materials for better food safety;

● Brand protection resulting from brand establishment;

● Real-time data consumption to adhere to regulatory audits;

● Monitoring the temperature delivery condition for sensitive products;

● Ensuring GFSI-driven VACCP compliance (Vulnerability Assessment and Critical Control Points);

● Fast recovery of food safety data in case of product withdrawal;

● Accurate traceability deployed in the supply chain will enable partner producers to deal with problems with products quickly.