Member Info for camelfour

Deary me, get a grip of yourself nobody is contesting what BLCC are doing, It was only an observation that other platforms doing loans to farmers to buy fertilisers are being used in Kenya !! There's quite a few things that can be grown in 30 days by the way but I'm not really interested in this ;-)

Loans are at 6.17% interest over 30 days with a 5% default backed by Barclays but don't quote me on this. I was only pointing out there are similar systems that are working so no reason why farmcoin cant either (on a larger scale :)

Wow that's quite scary, lose your seed lose your wallet and everything that's in it !!

Is this a similar platform being used in Kenya, seems to be working ? http://allafrica.com/stories/201805230056.html

All this has me beat tat the moment I just struggle to get my head round it all. I wouldn't say I was thick but if I cant understand it what chance have some others. Hopefully there will be a blockchain / SRC20 protocol book for dummies out soon ;-)

Interesting theory Stonedchic, I don't know if you noticed this and it was prob a typo but nevertheless the RNS on NEX from yesterday actually mentions the ticker code BLOC at the start then starts to referring to BLCC as it goes on. Could it be that both companies are in the mind of the person drafting ??

I am optimistic that this will be big but unfortunately all the blockchain / crypto currency etc. blows my tiny mind. Reading and navigating trough the swarm site you posted makes some sense but still a lot to digest for someone limited in this field of expertise. Thank you for sharing your work every little helps ;)

Hey Stonedchic, excuse my ignorance but for a long term holder like myself who is looking at a huge loss as things stand what would a RTO mean for me and of course others. What would be best case and worst case in your opinion obviously? Appreciate any views or opinion you have on this.

Most of you already know this but some of you won't so take note. In 1972, a crack commando unit was sent to prison by a military court for a crime they didn't commit. These men promptly escaped from a maximum security stockade to the Los Angeles underground. Today, still wanted by the government they survive as soldiers of fortune. If you have a problem, if no one else can help, and if you can find them....maybe you can hire the A team. :-) What's with all the noise and handbags........ Is something about to happen !!

Touche........ Being surrounded by experts can only help progress and make the vision a reality. Keep up the research, I do love a link ;-) I myself am look forward to the launch of the platform.........

To be just 60-70% down would be great for me.........

Fintech investment in Africa is growing..... http://disrupt-africa.com/2018/04/dfs-lab-invests-200k-in-3-african-fintech-startups/

At least the timing won't clash with the champions league unless he has a very lot to say :)

FinComEco and Block Commodities have partnered with Wala and Dala to support the development of blockchain-enabled financial platforms for developing markets. The agreement complements the BLCC�s Joint Venture with FinComEco, a subsidiary of GMEX Group, whereby Block Commodities, FinComEco, Wala and Dala, will be working together to develop and operate a web-enabled platform using the blockchain ledger for its agricultural commodity trading initiative in sub-Saharan Africa. In particular, this collaboration agreement establishes a relationship whereby Wala, a blockchain-powered financial services platform, will support the use of the Dala utility token as the functional token for the food commodities cycle trading ecosystem, which is currently being established by BLCC and its partner, FinComEco. Under the agreement terms, the BLCC and FinComEco Joint Venture will provide the equivalent of USD 10 million in Dala token loans to approximately 50,000 smallholder farmers, starting in Uganda and then extending to Malawi, Zambia, Zimbabwe, South Africa and Republic of Congo (ROC). Wala will support BLCC and FinComEco with software solutions and integration into Wala's financial platform and the Dala ecosystem.

Yup, been having problems with the new Barclays platform and over the past few weeks I have went from being told they can't trade the share and my holding worthless to then seeing value but no option to trade then last week the sell was available and this morning I got a call saying I was now able to buy online so looks like they are sorted. �6 for the trade which was not bad I thought 👍🏼

I was finally able to purchase through Barclays online today...... :-)

I think the good thing about these loans are they are done through the platform so when the produce is sold on (hopefully through the platform) this takes away the high potential to default? But your right until we some sales and revenues its all talk like before.

�VIPA is a highly organised and focused agricultural business that is exporting large volumes of what is termed beneficiated fertilizer products into Africa,� said VIPA chief executive David Smillie. �Based in Durban and with offices throughout South Africa, VIPA has the ability to provide first class trade execution services throughout the continent.� Smillie said entering into the agreement with Block Commodities would help guarantee the closure and completion of large-scale agricultural contracts, and provide access for product to thousands of small scale farmers in the region.

Buy quality or buy twice :)

So far we have teamed up with some great people that can take this forward but do you think there is anyone else ready to come on board with this project and help lift its profile, a big name perhaps?