With legislation paving the way for legalization of cannabis across the world, a Cannabis company based in Colombia is using blockchain to learn about the future of traceability in their crop (Enabling cannabis growers to trace their crop from seed to sale). Together for its management & compliance platform, ensuring confidence in the quality of medical cannabis & adherence to government regulations.
They're working closely with
Symbol from NEM and their blockchain to maximize its functionalities of rapid technological implementation, simplicity in its learning and robustness in its design and architecture. It has both dedicated enterprise chain features and all decentralization features to target the market cap too and increase it's token value moving along.
With more people getting anxiety issues during this pandemic, CBD has risen up its sales and this can be the future of blockchain technology being used.
What does it take for companies to use blockchain technology more?
I do think the companies have to realize that Blockchain is not some scam or something that people use to do illegal activities, at the same time they have to encourage students in the university to take up blockchain as an assignment , to learn something about it, see how it works .
It's not a new technology, it was envisioned far back in the 1900's , the whole idea is to make the system more transparent. Companies are working on outdated softwares , Blockchain is something that is more secure ,plus it does have a lot of applications in companies itself.
I do think it will all start with :
Introducing Blockchain positively, the news companies don't do justice to blockchain and cryptocurrencies.
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I am not fond of Cannabis and other drugs but legalizing them would mean that the government will be able to track them somehow , because let be honest , even if the thing is illegal, time and again we see people using it in a much worse circumstances.
Blockchain could store that data and provide safe and controlled alternatives to people .
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