Business
Epazz CryObo From Ripple Court Decision; to Issue NFT Tokens for Crop Production With ZenaDrone 1000 Aerial Data Technology Integration
Epazz CryObo From Ripple Court Decision; to Issue NFT Tokens for Crop Production With ZenaDrone 1000 Aerial Data Technology Integration.
About this update from Epazz, Inc.
[{"type":"text","content":"\n CHICAGO, IL, July 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of drone technology, blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced today that CryObo Technology would help farmers tokenize their crops through the issuance of NFT tokens in order to earn extra revenue. The recent court decision in favor of Ripple allows US Farmers to take advantage of CrybObo technology. Users of CrybObo will not need to file a registration statement for their tokens. The company will issue tokens for customers in accordance of the Court Decision. The company has been working on CryObo software which enables the tokenization of farm crops and produce. It allows farmers to raise capital immediately based on achieving future milestones and lets token holders evaluate the earned income of the token. It will enable industries to gain additional funding to spend on crop production. Tokenization of farm produce through CryObo Technology can help food security by providing farmers the additional funding to invest in improving crop and farm practices. With the help of the ZenaDrone 1000 technology, the unmanned aerial vehicle can scan the field and record the accurate and actual health of the crops so farmers can monitor and more accurately predict potential harvest yield. In addition, it will allow farmers to make potential adjustments to irrigation, fertilization, and weed control during the growing season. The NFT Tokens expand the market, and provide the opportunity to reach farm owners, plantation associations, and agricultural business investors. Token holders will get a share in the income generated from the tokenization of crop production and produce. Epazz CryObo technology will also use solar power for sustainable Bitcoin mining and NFT tokens for farmland tokenization. The company supports sustainable energy sources by creating a cooling technology to control the underground servers' temperature. Shaun Passley, Ph.D., Epazz Inc. CEO, and Chairman, said, \"Forward cash contracts have been used in the farming business for decades.  We are essentially integrating ZenaDrone technology with the CryObo tokenization system to achieve a transparent open ledger digitization of these forward cash contracts which facilitates expanded acce...