Demir Aksoy

Curriculum Vitae

Demir Aksoy

Demir Murat Aksoy was born in a farmer family in Samsun, one of the most important agricultural regions in Türkiye. His family has been cultivating such major agricultural products as wheat, corn, barley, rice and hazelnut for over 100 years. He graduated from the Computer Engineering Program of the Middle East Technical University (ODTÜ) in Ankara. Thereafter he got his Master of Business Administration (MBA) degree with high honors from University of Sheffield, considered one of the most respected universities in the U.K. and the world. He also studied executive high level management at CIO Academy, Said Business School, The University of Oxford. He also received a diploma and certificate of Executive Leadership and Strategy Management from Chartered Management Institute (CMI), England. He worked on and led major local and global digital transformation projects in banking, finance and telecommunication industries. Some of the projects he managed won the Corporate Transformation Project of the Year and the Digital Transformation Project of the Year from such major institutions as IDC. Demir Murat Aksoy was selected as CIO (Chief Information Officer) of the Year by CIO Magazine of the newspaper Dünya in 2018.

As from 2021, Demir Murat Aksoy focused especially on blockchain technology, token economy, tokenization, sectorial blockchain applications, and blockchain applications for agricultural products and continued to work with his dissertation entitled “Designing a token system for the agricultural industry using the blockchain technology: Turkish Agriculture Token System Application”. The CROPTO brand and project, uniting agriculture which is the most traditional industry with the blockchain technology providing a devastating and transforming impact and infrastructure for information technologies, aims to provide a different point of view and function to this country, this region and the world agriculture industry and economy. CROPTO brand of asset-backed agricultural commodity tokens, which are issued by creating digital projections of physical agricultural products on a one on-one basis using the blockchain technology, enables people living in this country and elsewhere to invest in agricultural products in any amount and in any time. Demir Murat Aksoy and his team dedicate themselves to this project knowing and motivated by the fact that the CROPTO brand will provide immense added-value to the local and international agricultural industry and economy and continue to work hard.

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Frequently Asked Questions

What you want to know about Cropto
What is a blockchain?
Blockchain is a digital ledger kept in decentralized, multiple copies, where data is recorded in blocks connected by chains in chronological order, mathematically encrypted and recorded in an immutable, secure, transparent and distributed manner.
What Does RWA Mean?
RWA, or "Real World Asset," is a transformative concept within the blockchain and cryptocurrency ecosystem. It refers to the process of tokenizing real-world physical or financial assets, bringing them into the digital realm on blockchain platforms. These assets can range from real estate, bonds, and stocks to commodities like gold, oil, agricultural products, and even collectible items with intrinsic value.
What is a coin?
In the blockchain technology, a coin represents a crypto coin i.e. digital version of cash. Crypto coin is defined as a digital financial asset created by computer without needing a centralized authority like a bank or government. Coin refers to a digital currency existing on a blockchain like the Bitcoin, Ethereum, and Solana blockchain networks.
What is a token and what is the difference between it and a coin?
Crypto currencies created on an existing blockchain network as opposed to its own blockchain network are called tokens. For example Bitcoin, Ether and Solana are crypto currencies created on their own blockchain networks named Bitcoin, Ethereum and Solana respectively, but tokens are crypto currencies created in a certain format on any existing blockchain network like Ethereum, not on its own blockchain network.
What is an product-backed token?
An product-backed token is a digital currency using the blockchain technology. However, it is backed by a physical asset. In other words, it is a digital claim of right on a physical asset.
What are the similarities between Cropto and such stable coins as Tether and USDC?
Cropto Tokens are a digital currency based on agricultural commodities and created by using the blockchain technology. Before creating each Cropto Token in digital medium using the blockchain technology, an agricultural product is acquired from a reliable market using the formula 1 kg = 1 Token against that Token and is stored in a reliable, secure and audited warehouse. That Cropto Token is issued after the physical product is acquired. Stable coins like Tether, USDT and USDC are one step forward in terms of reliability in crypto currency markets, because they are crypto currencies created against such physical collateral as US$ reserve, government bond or other financial instruments and are indexed to the US$.  In summary, Cropto is similar to such crypto currencies as Tether and USDC because all of them are asset-backed.
How are the market prices of Cropto Tokens determined?
Market price of a Cropto Token is determined in relation with the price of the physical agricultural commodity acquired before creating it, and changes depending on the increase of the price of that commodity. Furthermore, international agricultural commodity prices may change depending on certain events on the basis of country or region. Therefore, market prices of Cropto Tokens are directly formed in relation with the prices of the physical agricultural commodities which back them.

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