Tuesday, July 3, 2018

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Breakthrough for textile industry as BT cotton enters the market

BT cotton is a genetically modified cotton seed developed with a gene called BT toxic. These are strains of the bacterium bacillus thuringiensis. The toxin contains proteins that are harmful to bollworms, which have been proved to be the main pest affecting cotton balls. “This toxic is not harmful to human beings and its traces have been used to develop numerous pesticides used to control pests in cabbages and sukuma wiki,” said Waturu. He said once the trials were complete in the next six months, the Ministry of Agriculture would launch a seed distribution exercise targeting farmers, especially those from traditional cotton growing areas in western and eastern parts of the country. “We project that if well managed, farmers will be able to get up to five tonnes of cotton from one acre. This is a big boost and we want to move fast to ensure that we regain our cotton growing glory,” he said. According to Waturu, pests and diseases were the main reasons why cotton growing in the country was abandoned, and BT cotton is expected to be the solution. He said the new crop would be viable for irrigation and take up to six months to mature. Waturu however, noted that the crop would not be viable for inter-cropping, especially with maize, since the latter had been established to be a host for the dreaded pest. He said the recruitment of farmers was set to begin soon in collaboration with the host county governments, especially since agriculture was a devolved function.

For the original version including any supplementary images or video, visit https://www.standardmedia.co.ke/article/2001283805/breakthrough-for-textile-industry-as-bt-cotton-enters-the-market

Textile by Jackie Cardy.
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Business opportunity

sallie krawcheck "After I left Bank of America, I spent the better part of a year trying to decide what was important to me. Success is impact." She continued: "I could have gone back to a big company. I could have had a much bigger office. I could've been more comfortable on a day-to-day basis." But she thinks that the business world has changed in recent years, and there are just as many opportunities for success at a small company or startup as there are at a huge corporation — perhaps even more. "The great thing about what's going on in business today is you can have an impact, maybe even a greater impact at a small company, whereas historically it had to be at a big company," she said. She continued: "If you have a great idea, you can get it out there for free. For free. You head on to Twitter, head over to Facebook. It doesn't necessarily have to go viral.

For the original version including any supplementary images or video, visit http://www.businessinsider.com/sallie-krawcheck-startups-impact-success-2018-6

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Overstock Sees Cryptocurrencies as a Great Business Opportunity

Overstock Sees Cryptocurrencies as a Great Business Opportunity Overstock, an online retail giant famous for embracing crypto-friendly policies in 2017, announced the satisfactory results of the application of its new business model. Jonathan Johnson, a member of Overstock’s board of directors, informed that the company grew to accumulate capital of more than 1Bn USD, with earnings in cryptocurrencies exceeding 100k: “We have somewhere between $68,000 and $120,000 a week in cryptocurrency revenues; people buying sheets and toasters using bitcoin or ethereum or other coins.” The company took the first step in adopting cryptocurrencies in late 2017 when they announced the launch of a $250 million Initial Coin Offering on December 1 to boost their business model. , a ธุรกิจขายตรง ออนไลน์ maxx research fellow at the University of Cambridge who studies cryptocurrency, expressed to CNN his optimism about the consequences of this business move for the Overstock team: “Overstock would be the largest existing company to launch an ICO to date … Blockchain is going to change the world more; I think than the internet has.” During June, the behavior of its stocks value has been bullish, although at longer intervals it has fluctuated with regular oscillations. For the Overstock team, the acceptance of cryptocurrencies has proved to be a reasonably successful strategy, boosting not only their business model but also improving the user experience when using the website. According to information provided by crypto-portal The Bitcoin Pub , Jonathan Johnson mentioned that the use of cryptocurrency is exceptionally convenient. In that sense, not only he compared a transaction in cryptocurrency with the use of cash, but also commented that for the team, cryptocurrency represents an even cheaper option than the use of FIAT money. “We pay a processing fee for credit cards, and we employ about 40 people in our fraud department. That’s a cost of doing business with credit cards. When we take cryptocurrency, we have a very small transaction fee with Coinbase, much smaller than our credit card processing fee, and we have no fraud prevention department. It’s like a cash transaction. For us, that is a much cheaper way of doing business.” The fact that business of overstock’s characteristics succeeds thanks to the use of cryptocurrencies is a plus for blockchain enthusiasts.

For the original version including any supplementary images or video, visit https://ethereumworldnews.com/overstock-cryptocurrencies-business-opportunity/

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