VFARM

VFarm system is a proven, research backed farming technology licensed by Agrosky Sdn. Bhd (ASSB), a vertical farming specialist. The system provides a DLT blockchain layer that creates an immutable record for each batch of produce as to enable verification of source, planting, packaging and distribution. This in turn enables ecosystem users to not only have total traceability of the produce on food safety but also drive social impact via informed choices on their purchases.hh

Introduction

Rapid urbanization that is happening today goes hand in hand with rapid increase in urban poverty and food insecurity. By 2020, the developing countries of Africa, Asia, and Latin America will be home to some 75% of urban dwellers and to eight out of nine anticipated mega-cities with populations in excess of 20 million.

To manage the agricultural supply chain products as they move, value chain participants need a secure, transparent, trustworthy platform and marketplace. Agro chain management build networks amongst key stakeholders and improves delivery, while reducing costs and inefficiencies.

VFarm believes that urban vertical farming is the solution to the major concerns above. The idea of building vertically-stacked farms on skyscrapers that produce crops twice as fast, while using 40% less power, having 80% less food waste, and using 99% less water than outdoor fields is definitely the way forward.

The vertical farming market was valued at USD 1.5 billion in 2016 and is expected to register a CAGR of 23.03% during the forecast period (2018-2023). Asia-Pacific is the biggest and the leading region in using vertical farming in present times, closely followed by Europe and North America. Though North America and Europe have most farms to use innovative technologies in the field of agriculture, Asia-Pacific region has many investors interested in exploring the vertical farming opportunities, with increasing concerns over food safety due to the constantly growing population in the region. Farmland shortage, population growth, and demand for pesticide residue free food are the main key drivers for the emergence of vertical farming.

VFarm - "Revolutionizing Urban Agriculture"

VFarm system is a proven, research backed urban farming technology licensed by Agrosky Sdn. Bhd (ASSB), a vertical farming specialist. The system provides a DLT blockchain layer that creates an immutable record for each batch of produce as to enable verification of source, planting, packaging and distribution. This in turn enables ecosystem users to not only have total traceability of the produce on food safety but also drive social impact via informed choices on their purchases.

VFarm's economic model is based upon Social Enterprise (SE) in line with The United Nations Sustainable Development Goal (SDG). SE are the future of development because it is able to solve some of the development problems that neither donors nor government have been able to solve. These are innovations that involve behaviour change and therefore need to harness all of the energy present at the Base of Population (BOP).

Empower population at BOP including women as urban farmers to be part of the urban farmer's community.

VFarm believes that a community-driven ecosystem that fosters entrepreneurship, fuelled by high- quality content and rewards and hosted on a blockchain- based platform is the solution.

Though vertical farms can never be expected to replace traditional farms, it is likely that they will have to complement each other to meet the food demands of tomorrow. It is economically sensible, environmentally friendly, tech-savvy, and most importantly, health-sensitive. Vertical farming is not a fairy tale anymore, it is happening now!

Issue

The world population is moving to urban areas at an increasingly rapid pace and with it comes food shortages and water shortages, disease and income disparity. From 2020- 2025, dense urban cities worldwide will house more than 4.5 billion people and current agricultural practices can only provide for 30% of the required produce. Such rapid urbanization and the harsh reality of urban poverty require ad hoc strategies to ensure adequate food supply and distribution systems to address escalating levels of urban food insecurity. Besides the growing demand for food, there is a rapid increase of poverty, unemployment, hunger and malnutrition in the urban and peri-urban environment around the world. Within this reality, urban agriculture has become a key component of the survival strategies of poorer sections of the population while also providing a significant contribution to the urban fresh food supply chain. Urban agriculture is also a source of employment and income, and has the potential to improve the nutrition of disadvantaged urban residents.

Solution

There is a pressing and urgent need to provide these increased masses with sustainable food. The technology that provides an answer to this problem will be at the epicentre of a USD$317 billion agricultural revolution.

And the answer is a high-density vertical farming system capable of producing 360 times per square foot more produce than conventional farming and is capable of producing plants for food, cosmetics and medicine. The system also needs to be capable of quick deployment to any city in the world.

Ecosystem users can see the environmental (water usage, carbon footprint, nutrient use) impact and socio-economic inclusivity (impact of their purchase decisions). VFarm aims to revolutionize urban farming by licensing VFarm System module globally.

VFarm system can be applied for the planting, production and distribution of plants for the use on food, cosmetics and medical purposes.

VFarm fundament markets of Kuala Lumpur & London comes with the collaboration from it’s stakeholders for the use of stakeholder which owns A-List buildings in the golden triangle of Kuala Lumpur and Central London.

VFarm – "Penetrates the Urban Market"

2019

Q1

Concept Paper
Commercial Paper
Establishment of Partner's Collaboration

Commencement on Construction of Farm 1 (Kuala Lumpur)
White Paper Development
Blockchain and IoT Development
Proof Of Work (POW), Tokenomic
Completion of Construction & Harvest
ICO Commence

ICO Ends
Commencement of Contract Farming
Commencement for the R&D on Agro Traceability
Blockchain Development
Commencement for the R&D on Irrigation System
Commencement for the R&D on IoT

Physical Farm Development (POC)
Commencement on construction of Farm 2,3,& 4 (Kuala Lumpur)
Completion of Construction & Harvest
Commencement on Contract Farming

2020

Expansion to London market
Commencement on construction of Farm 1 (London)
Completion of Construction & Harvest
Commencement of Commercializing to consumers

Commencement on VFarm licensing/franchising
Commencement on construction of Farm 5, 6 & 7(Kuala Lumpur)
Completion of Construction & Harvest
Commencement on Contract Farming

Commencement on construction of Farm 2, (London)
Commencement on construction of Farm 8, 9 & 10 (Kuala Lumpur)
Completion of Construction & Harvest

Commencement on Commercializing to Consumers
Commencement on Contract Farming

2021

Commencement on construction of Farm 11 (Kuala Lumpur)
Commencement on construction of Farm 3 & 4 (London)
Completion of Construction & Harvest
Commencement on Commercializing to Consumers

: If you want to know more about the VFarm project you can visit the link below, Enough for my writing this time which only discusses some important points of this project, for more information please visit the link below

Website: https://vfarm.global

Whitepaper: https://vfarm.global/whitepaper.pdf

Twitter: https://twitter.com/vf4rm

Telegram: https://t.me/Vfarmofficial

Reddit: https://www.reddit.com/r/OfficialVFarm/

Facebook: https://www.facebook.com/vf4rmcommunity

Github: https://github.com/vfarmF

Medium: https://medium.com/vfarmofficial

Instagram: https://www.instagram.com/vf4rm

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AUTHOR: oladirano23

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