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Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
makoto1337
on 24/02/2014, 05:50:39 UTC
Hi all,

We all talk about NEM and a New Economy Movement. Here, I want to share a concrete example about what I think NEM can really help to build a better world:

http://editi[Suspicious link removed]/2014/02/13/world/africa/cocoa-nomics-from-bean-to-bar/index.html?hpt=hp_c4

Chocolate production s a business of billions of dollars. Most of the world’s cocoa comes from West Africa, with more than a third coming from the Ivory Coast alone. Cocoa is grown mainly on small, family-owned plantations by farmers living in poverty. According to the publication, only 3% of the total price of a chocolate bar goes to the producers. If we can make NEM a powerful coin, those producers will be able to sell directly their products, without the necessity to use intermediates that speculate with the price. Even more, if we hink even beyond the cryptocurrency itself; those producers can start to manufacture their own chocolate, increasing the value and selling directly to retailers or even better, to consumers; using all the features of NEM coin.

This is why I am here
 

Not just cacao, but any kind of raw materials could be distributed through a P2P decentralized interface. Think alibaba, but on the asset market.