The cryptocurrency market is becoming increasingly widespread and is reaching different areas, including those related to agricultural products such as cocoa and coffee. This financial revolution has been driven by companies like Xcao System Group.
Through the creation of Xcao Token, the company seeks to regulate and secure transactions within the ecosystem of cocoa production, processing, and marketing, and connect it with blockchain technology. Using a payment method based on the US dollar, the platform provides a secure and profitable investment opportunity, supported by a digital asset with added value such as cocoa, while promoting the growth of the cocoa industry.
Cocoa as the digital currency of the future The use of cocoa as a means of payment is not new. For over 2,000 years, ancient civilizations of Central and South America used to exchange cocoa production for other products. However, with the arrival of the Spanish to America, the exportation of this raw material to other regions of the world began. Today, many years after the commercialization of cocoa started, the production of this important sector is still being harmonized through financial technology.
According to the Inter-American Institute for Cooperation on Agriculture (IICA), the implementation of blockchain in the agri-food sector brings great benefits. Mainly, they point out that it reduces transaction processes, reduces costs, and facilitates product traceability, increasing competitiveness. This generates greater confidence in agricultural trade.
Under this premise, innovative projects such as Xcao Token arise, providing a blockchain platform that offers an investment opportunity for those who want to be part of the sustainable and responsible growth of the chocolate and cocoa industry.
They achieve this by providing a decentralized and secure market for financial transactions through their own payment method, in US dollars and operating on the Binance network and its digital pair BNB.
Strengthening agricultural trade The XCAO ecosystem arises from the problems in the productive and cultural environment that have been occurring with cocoa, mainly in Latin American countries where this fruit is produced.
Xcao System Group managed to bring together the entities involved in the sector such as organizations, entities, and groups of farmers to make cocoa and chocolate digital assets of great benefit to all those involved in this activity.
The agrotechnological system also benefits those who wish to invest in it. The value of the Xcao Token is determined by the value of cocoa on the New York Stock Exchange, and its value is calculated at 40% of the value of one kilogram of the fruit. Consequently, those who invest in it can achieve great profitability opportunities. In addition, the platform has a wide range of functionalities that help users make more accurate financial decisions.
Thus, all digital products developed by Xcao System Group aim to strengthen the digital economy and improve agricultural trade.