By bringing together the cutting-edge technologies of IoT and blockchain, and our extensive experience in crop cultivation we are serving an agriculture (“Ag”) ecosystem focused on highly technologized crop growing, processing, and distribution. We bring the high efficiency of IoT and transparency of blockchain into every stage of the entire lifecycle of agricultural business sectors.
The Pavo team has vast experience building traditional monitoring systems for almonds, hazelnuts and walnuts for the European market. Our present IoT solution for agriculture was developed in early 2017 and deployed later in the same year. This year, we’re launching the Pavo cryptocurrency based on the blockchain Ethereum ERC20 standard as the next step in developing the project.
Our ultimate target is the trillion-dollar U.S. food and agriculture industry (roughly 6% of the GDP). American farm outputs alone total roughly 1% of the GDP, or over $130 billion. Corn, wheat and soybeans routinely top the rankings of U.S. production numbers, and California — which produces over 80% of the world’s almonds, and some $6 billion worth of grapes annually — is the largest agricultural state in the country. (Globally, food and agribusiness comprise a $5 trillion industry, accounting for one-third of global GDP.)
We are spearheading our efforts to further develop and mature our product in the tree nuts (e.g. almonds, walnuts, hazelnuts, pistachios) industry, where blockchain-enabled transparency, and the Pavo IoT platform, is most needed to establish provenance for consumers and build trust. Blockchain has a significant role to play in agriculture, where application of the technology is about food safety, provenance and financial services. Today is the age of transparency and provenance for our food, and, increasingly, consumer purchases, particularly for food, reflect their values. Our solution is already deployed in mid-size and large California almond and walnut farms (3). In addition, the Pavo system is deployed in hazelnut, almond and walnut farms in Europe.
Using the turn-key Pavo platform, every agribusiness professional will benefit from our IoT and blockchain capabilities with minimal expense, special expertise or major disruption to their day-to-day operations. Pavo brings a fresh, new, approach to an industry that is old, but crucial for humanity and its survival.
As the Pavo solution fully matures, we will gradually tackle adjacent sectors, such as indoor farming, and then move to expand market penetration throughout the entire agriculture ecosystem.
Purchase of $500 to $1,000 USD: bonus of 27% through September 12th
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