|ChocoHours Ltd is registered in the United Kingdom. We are a startup project for investing in the chocolate business by using blockchain technology and modernizations.|
Chocolate is a preparation of roasted and ground cacao seeds that is made in the form of a liquid, paste, or in a block, which may also be used as a flavoring ingredient in other foods. The earliest signs of use are associated with Olmec sites (within what would become Mexico’s post-colonial territory) suggesting consumption of chocolate beverages, dating from the 19th century BC.
The majority of Mesoamerican people made chocolate beverages, including the Maya and Aztecs. The English word "chocolate" comes, via Spanish, from the Classical Nahuatl word xocolātl.
Chocolate is one of the most popular food types and flavors in the world, and many foodstuffs involving chocolate exist, particularly desserts, including cakes, pudding, mousse, chocolate brownies, and chocolate chip cookies. Many candies are filled with or coated with sweetened chocolate. Chocolate bars, either made of solid chocolate or other ingredients coated in chocolate, are eaten as snacks. Gifts of chocolate molded into different shapes (such as eggs, hearts, coins) are traditional on certain Western holidays, including Christmas, Easter, Valentines Day, and Hanukkah. Chocolate is also used in cold and hot beverages, such as chocolate milk and hot chocolate, and in some alcoholic drinks, such as creme de cacao.
Chocolate manufacturing is a thriving business, in which big companies make high profits. While these companies are competing for ever higher market shares and higher profits, millions of cocoa farmers bear the costs by getting less and less share from the revenues. In 2014 the total global retail value sales of chocolate confectionery reached a staggering 100 billion dollars - an increase of 20 billion from 2012 (Source: Euromonitor International).