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Ethichub - Farmers and the Blockchain

Farmers work hard  and they bring the best agricultural product to the crowd. Their only motto is not to get rich but to serve people. But they have this problem! which stops them from doing farming. It makes them to move to different other jobs, what is it called? It's called debt!

Most farmers are struck with debt and no banks come forward to provide loans for them. How can the blockchain solve this problem??

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Farmers need loans at less interest rate, some local lenders charge higher which makes them impossible to re-pay. How about the peer to peer money? Will that help? Yes of course it can help to solve this problem of funding.There needs to be a decentralized platform which can bridge the gap between farmers and money lenders.

This system has to 

1. Transparent Account
2. Low Interest Rate
3. Easy transaction

The blockchain company is called Ethichub and they are decentralized platform built on the etherium blockchain (erc20 platform)


At this age of ultra fast transaction of money, peer to peer payments are the best and you can get money within few hours. But the system to manage it  like a bank is provided by the blockchain. Lending money through the ERC platform is a great idea. Farmers will have the need for money often and this project ETHICHUB would help them quick. Borrowers do get benefit because there is consistent flow of money.

As an investor you can contribute to the loan in the tokens over the block chain. You must deposit the funds in ETX coins and its sent through the smart contract to the farmers account. There is an representative for the farmers and he can do the conversion with the exchange. This makes the transaction faster and also it helps to keep the interest rate lower and affordable. You can check out their links here 






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