Greek Food Corridors E-auctions

Greek Food Corridors E-auctions

Created using Figma
Created using Figma
Concept description: Next Generation implementation of an e-Auction infrastructure in Greece for Fruit &Veg. and Olive Oil and sync with a Commodity Exchange market for Futures contracts based on crypto currency. The design of GFC’s concept is the setting up of a central auction system in Athens, call it the “dealing room”, in which various Fruit & Vegetable lots are sold to the highest bidder using a clock auction system. You have 1 central server system which communicates with all the regionally depots involved in selling the products. In each depot, supplied products are registered with their product characteristics and the right storage location with the dates of receipt indicated. These data are centrally stored. Our selling parties enter the supply they want to sell on the clock system via GFC web portal after logging in successfully. In this way, we will get a certain stock, which can be sold afterwards to the “registered buyers” through the various e-auction sales tools. Afterwards, the information from all these transactions is available on the website of GFC organization for buyers, farmers etc. After being logged in, the client can view his specific data (transactions, catalogues, statistics, and general information). After the sale, the various depots get the necessary tasks and insights about who is going to load what. The back office software makes the necessary finalization of the transactions, follow-up of invoices, payments, statistical reports etc. The importance of setting up a “National Agricultural e-Market” is particularly important for both the actual market and the general Greek economy and for improving competitiveness. Such an attempt will rationalize the value chain of agricultural products, enhance transparency in trade, bringing the producer closer to the final buyer, offering him individuality (equal power), liquidity (product flow), product homogeneity (quality standards & quantity) and will consolidate and improve product prices across the supply chain. Establishing the GFC-NAP online auction and networking it in real time with its production and consumption sites will organize, coordinate and increase sales (focusing on exports), improving product quality standards and packing process. GFC e-auction platform will be a huge step to empower farmers. Traders will bid online from anywhere in the world and farmers & farmer’s association will have secure product flow and a fair price for their products. This will lead to “scientific” price discovery by the farmers themselves, breaking the hold of middlemen. The new online National Agricultural Platform (NAP) of GFC will allow the GPs (Group of Producers) to create economies of scale, increasing them their turnover & profit without the risk of capital. The new online sales platform will allow growers to focus exclusively on their production and invest in new opportunities in the fields of cultivation, sustainability and quality, having secured the flow of their products. Its members will be able to benefit from economies of scale, and make better use of marketing. • Competition of similar e-auctions in Greece: 0 • Commodity Exchange market based on Futures contracts in Greece: 0 • Worldwide Commodity Exchange market for Futures contracts based on crypto currency and with underlying commodities F&V and the Olive Oil: 0
Feb 28, 2018
Apr 30, 2018
100% completed
Raised funds - no Data
28
past
Token Details
Ticker
GFC
Accepted Currencies
ETH
Company Details
Registered Country
Greece
Additional Details
Categories
Platform, Retail

About Greek Food Corridors E-auctions

The design of GFC’s concept is the setting up of a central auction system in Athens, call it the “dealing room”, in which various Fruit & Vegetable lots are sold to the highest bidder using a clock auction system. You have 1 central server system which communicates with all the regionally depots involved in selling the products. In each depot, supplied products are registered with their product characteristics and the right storage location with the dates of receipt indicated. These data are centrally stored. Our selling parties enter the supply they want to sell on the clock system via GFC web portal after logging in successfully. In this way, we will get a certain stock, which can be sold afterwards to the “registered buyers” through the various e-auction sales tools. Afterwards, the information from all these transactions is available on the website of GFC organization for buyers, farmers etc. After being logged in, the client can view his specific data (transactions, catalogues, statistics, and general information). After the sale, the various depots get the necessary tasks and insights about who is going to load what. The back office software makes the necessary finalization of the transactions, follow-up of invoices, payments, statistical reports etc.

Greek Food Corridors E-auctions Roadmap

  • March 5, 2018

  • Token Launch. In order to implement GFC e-auction
    platform, we are offering the chance to buy GFC tokens (GFC). GFC Token will be listed
    on major cryptocurrency exchanges in a 30 days period (e.g. IDEX).
  • May 2018

  • Pilot Operation of GFC e-auction platform.
  • June 2018

  • Full-scale launch.
  • September - October 2018

  • Phase II of project.The interlinked of the new
    infrastructure with a Commodity Exchange market for Futures contracts.

Activity

Greek Food Corridors E-auctions Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Dimitri Haritos
Project manager/CEO
unverified
Spiros Haritos
Non-Executive VP
unverified
Nicolas Skourias
CFO & Protocol analysis
unverified
Eleni Dimitrakou
Export manager
unverified
Valentina Alberti
Digital manager / web portal
unverified
Volha Yakavenka
Logistics supply chain manager
unverified
Evangelos Dimarakis
GFC Olive Oil category product manager
unverified
JESUS JAVIER MARTINE...
Country manager
unverified
N/A
5.0 15
ICO Profile Vision Activity Potential Product Team
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