TE-FOOD – enters the blockchain as expansion

Eat to live or live to eat? One can never get it right, after all, you only live once. Food is our basic needs for survival and it can be one of our hobbies as well – well, for a foodie. TE-Food, the world’s largest publicly accessible farm-to-table food traceability system is ow moving to the hype of cryptocurrency and blockchain system. Isn’t that a tad of happiness? TE-Food improves food safety and builds trust between the food supply chain companies, consumers and the authorities which are in the loop of the food community. Being first implemented in Vietnam, TE-Food tracks the food items throughout the whole food supply chain (be it the farm, slaughterhouse, wholesaler, retailer). It has over 6000+ business customers, tracks thousands of farm and poultry animals and now, it will be extended to tracking fruits and vegetables as well.

One of the greatest benefits is that despite using top-notch technologies, it is the cheapest solution available without the need to use any special equipment. TE-Food traces 12,000 pigs , 200,000 chickens and 2,500,000 eggs on a daily basis. As said earlier, it plans to extend its traceability into cattle, fruits and vegetables, fish and seafood and animal antibiotics soon. It aims to reduce the high number of effects of epidemics and food frauds in emerging countries globally and to educate people through incentivizing conscious consumer behavior.

TE-Food provides a mobile application which is role based. Roles here are farms, slaughterhouse, wholesalers etc. They have their own logistics transactions where they will update the sending and receiving of transports; food and safety information – which will provide weights and vaccination information etc; an identification tool management and finally an authority tool. TE-Food takes a step further into blockchain because the data provided must not be modified. The data is a common property of all participants and must be made public and democratic.

A total of 1,000,000,000 tokens will be issued out of which only 400,000,000 will be sold in the token sale. The token sale starts on 22nd February, 2018 and early contributors get discounts upto 30%. The token is represented by TFD and 1 TFD= $0.05 USD.


Moonlite sponsors A portion of The Bitcoin Mining pie

Moonlite is a cryptocurrency mining business that concerning to set up the first of a number of intended cryptocurrency mining process. The company’s first scheme is situated in Iceland and it is set to begin mining a range of the major.

The same as the global notice in bitcoin, Litecoin, and further cryptocurrencies maintain to increase; the communications that underpin the space has to increase. Interactions are trading with tens of thousands of innovative account openings day by day, business counts are up significantly and price, the bellwether for the all-purpose health of the cryptocurrency division, is up attractive much transversely the board for the top ten coins.

Iceland is a peak position for cryptocurrency mining processes for a number of causes. Initially, it’s very freezing. This contradicts the need for the classy cooling apparatus that’s requisite to uphold steady thermal surroundings in mining centers in other areas. Next, electricity is extremely despicable in Iceland. Third, Iceland is one of the largest part highly knowledgeable nations in the world, with a 100% literacy rate and a very theoretically know-how staff.

Moonlite company is presently carrying out a token pre-sale that presents among 100-300% bonus on tokens obtained during phase 1 of the pre-sale. Further, then the pre-sale, a complete token sale will outset at the last part of February and is set to close on March 15, 2018.

There are a small number of causes why an investor might desire to pick up tokens.

First, as these businesses increase its mining processes in line with its roadmap, the statement is that the value of the tokens will enlarge physically. In this sense, then, the tokens are accumulating of value for anyone that selects them up at pre-listing rates.

External of this natural revaluation, though, the business mean to share profits with Moonlite’s token holders by way of cash in a plan. Essentially, 35% of proceeds will be used to purchase back tokens and these tokens will consequently be burnt.

When tokens are burnt, the market capitalization of the business will be spread across a lesser number of exceptional tokens, which will have the consequence of lashing up the value of the tokens that stay in motion.