Cannabis company in Colombia using blockchain for their crops.

YOSHIE

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Quote from: crypto1010 on July 06, 2020, 01:01:22 AM

What does it take for companies to use blockchain technology more?

Colombia is known today as the world's largest producer of medical marijuana, If a company in Colombia is primarily engaged in the sale and purchase of marijuana using a blockchain system, there are many things that must be needed to make transactions digitally.

What companies need most to use a blockchain system are: devices and crypto that can be connected, especially with other devices, their purpose is to exchange digital transaction data with existing technology.

And the other is the need for marijuana recipients to also use the same blockchain system that companies do Thus, it is easy for companies and recipients to carry out transactions without intermediaries, i think if colombian companies use blockchain system it is a good step forward for them, in using the digital currency method.

lumbanrang

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Blockchain technology is a technology that is very appropriate for the global Cannabis industry because by using this technology one can make Cannabis transactions securely, quickly, and easily, especially blockchain technology allows anonymous transactions. In an industry like Cannabis, using blockchain technology is the right choice, because it will allow the platform to apply various available blockchain features.

TelolettOm

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Quote from: Tumanggor on January 31, 2022, 06:39:18 AM

Quote from: tulpe123 on July 06, 2020, 09:04:15 AM

blockchain adoption is not a crypto adoption. So, i dont think that this news is really important for the industry

although it is different, everyone knows that the first time to use blockchain technology is cryptocurrency

Yes basically.
We know that blockchain is popular because of Bitcoin.
And now the adoption of blockchain technology has been widely spreading in some sectors, not only in the cryptocurrency industry. Some governments in some countries also have been using this blockchain adoption to support their system.
But, in fact, the use of blockchain technology is always separated from the thought of cryptocurrency itself.
The fact is that some people can accept blockchain technology but they cannot accept cryptocurrency. This may be sad.

paxmao

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Yet another dubious project or just a simple application of NEM. Basically NEM has lost any luster it used to have as the Jap alternative to Ethereum, Neo and a million others that are no longer even near the top ten. Certainly, not the choice I would have made to develop a real world use case for blockchain. I wonder why this was the choosen platform as simplicity and other are better in alternative chains. Also, I wonder why this in economy,

gantez

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Quote from: Tumanggor on January 31, 2022, 06:39:18 AM

Quote from: tulpe123 on July 06, 2020, 09:04:15 AM

blockchain adoption is not a crypto adoption. So, i dont think that this news is really important for the industry

although it is different, everyone knows that the first time to use blockchain technology is cryptocurrency

Blockchain technology is something that cannot be ignored in the future, all aspects of human life will depend on blockchain, a decentralized system is needed to support human life in a better and transparent direction, and the cannabis company is already one step ahead of other companies

I think for proper research and accountability, the blockchain use will benefit most companies. But the legal status of cannabis is what I can not say exactly but blockchain will give a better understanding and accuracy in the industry incase information are improperly managed, blockchain can do that.

fullhdpixel

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Quote from: Tumanggor on January 31, 2022, 06:39:18 AM

Quote from: tulpe123 on July 06, 2020, 09:04:15 AM

blockchain adoption is not a crypto adoption. So, i dont think that this news is really important for the industry

although it is different, everyone knows that the first time to use blockchain technology is cryptocurrency

Blockchain technology is something that cannot be ignored in the future, all aspects of human life will depend on blockchain, a decentralized system is needed to support human life in a better and transparent direction, and the cannabis company is already one step ahead of other companies

and that cryptocurrency is bitcoin. Blockchain and crypto might have a different meanings but both of them have a strong interlink to each other. It is like when someone use blockchain, people automatically thinks that crypto adoption is growing. You know something like that. That's why id say that news like this are important not only for the industry of cryptos and blockchain but also for the industry of the whole world because by using blockchain, it can help them to become innovative. Props to the cannabis company for taking this step, I am sure they wont regret this and I expect that other companies will follow up soon.

Captain Corporate

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Quote from: Tumanggor on January 31, 2022, 06:39:18 AM

although it is different, everyone knows that the first time to use blockchain technology is cryptocurrency

Blockchain technology is something that cannot be ignored in the future, all aspects of human life will depend on blockchain, a decentralized system is needed to support human life in a better and transparent direction, and the cannabis company is already one step ahead of other companies

We should also be careful about not having any sort of difference between blockchain and cryptocurrencies. The reason for this is that people at the top will try to say things like "blockchain is awesome but I am not so sure about crypto", and many already have said this, plenty of people shared this idea. That basically means that maybe blockchain should be used in the traditional markets and we should ignore crypto. We can't do that, blockchain is indeed awesome but it is awesome when used in the crypto world, if visa, or wall street or banking world started to use blockchain, that would be of course very nice but we can't just give up on crypto in that case.

Tumanggor

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Quote from: tulpe123 on July 06, 2020, 09:04:15 AM

blockchain adoption is not a crypto adoption. So, i dont think that this news is really important for the industry

although it is different, everyone knows that the first time to use blockchain technology is cryptocurrency

Blockchain technology is something that cannot be ignored in the future, all aspects of human life will depend on blockchain, a decentralized system is needed to support human life in a better and transparent direction, and the cannabis company is already one step ahead of other companies

tygeade

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I like this approach. If they create a cryptocurrency related to cannabis soon, it will be a real furore in this business!

It’s a good idea, that’s if they can really pull it off. I have seen a lot of ideas that seems great in the cryptocurrency market but the problem is usually from the team, they don’t have a good plan at all and lacks on promoting their business well, so they end up lacking investors. So this would be a good addition, if they can create a really nice platform and launch their tokens and get investors to invest in it and make profit. Cannabis is a profitable business and I believe that there would be people ready to invest if the team should market themselves petty well.

Darker45

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Well, if a company is innovative and is very much up to date in terms of new available technologies that would help its business operations grow, it is likely that it would employ the blockchain technology in storing important data.

The use of blockchain technology has actually been implemented in various industries for a more efficient and transparent data storage and access. As a matter of fact, it's not just private industries that have employed blockchain. Even certain government agencies are using it.

Especially in the Cannabis industry, tracking and data access are very important considering how huge the illegal portion of this industry is.

stompix

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Hihi, love when someone bumps two years old topics.

Btw, if poeple are actually interested in how Symbol is doing this revolutionary thing, there is no update on their platform since March 2021, their explorer is down, they forgot about the whole Cannabis thing and now they are exploring NFTs pushing it every day on Twitter and that's it.
Do I have to mention that it dropped 80% since the launch?
Another blockchain project that was supposed to solve things it didn't have to solve in the first place, the only thing is solved it was the problem with poeple who had too many zeros in their bank account, which made things easier for them by cutting one or two.

The perfect example of why to not blindly trust hyped projects.

Hydrogen

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The legalized cannibis industry has long used blockchain based ledger systems to track production and distribution of goods. Before that I think merck and walmart were originally responsible for pioneering the basic fundamentals of the system. That's a good topic we could use updates on now that they should have years of experience using the architecture and should be able to provide more information on it.

I think there were attempts to patent and claim some of the fundamental data structures and algorithms which bitcoin uses to function. Luckily for us, there hasn't been a legit claim as far as I know. Which could introduce licensing fees for using basic blockchain technology.

The medical industry also is implementing similar blockchain based backend databases. Which they claim is vastly superior to past implementations.

so98nn

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This is good because of one thing; it’s something that is regulated stuff and it will ultimately make the government to look into it. Since the product is highly foreseen by regulatory authorities for its legal use they will have to have the collaborative working with the Cannabis sale company so that they can see if things are not going under the table.

Moreover, with the point of view of data integration in blockchain no one can hold the hand for its data integrity. So yup they are on the right path.

Since it’s mega project both financially and legally it’s gonna benefit a lot.

aku_sultan20

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actually the individual / certain groups are responsible for all similar incidents. maybe in the past before NEM there were cases for inappropriate buying and selling as happened with monero coins

I believe blockchain is a tool if in the right circles. In my country this is an abuse. Developments in various countries may NEM in other countries be used in other sectors, right? using technology for anonymity I believe all coins?altcoins are used for something useful

rodskee

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Quote from: Negotiation on July 09, 2020, 10:01:01 PM

Blockchain technology has really changed the world It's not just Colombian cannabis companies that are using blockchain for their crops, but every company is trying to improve it by increasing its circulation.

The popularities and usages of blockchain already existing with bigger businesses, it's great to see
that more ventures are being added.

Quote from: Negotiation on July 09, 2020, 10:01:01 PM

Blockchain is also a secure and open way to store information It is a distributable database that records all transactions between the participating parties Any information entered into the ledger account remains permanent and can never be deleted. A lot of help in crypto transactions.

That's the advantages that should be learned by more people, adopting this chain gives advantages
as it can be used for improving current system.

Negotiation

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Blockchain technology has really changed the world It's not just Colombian cannabis companies that are using blockchain for their crops, but every company is trying to improve it by increasing its circulation.

Blockchain is also a secure and open way to store information It is a distributable database that records all transactions between the participating parties Any information entered into the ledger account remains permanent and can never be deleted. A lot of help in crypto transactions.

milewilda

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Quote from: wozzek23 on July 09, 2020, 05:03:00 PM

Quote from: crypto1010 on July 06, 2020, 01:01:22 AM

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?

Yay, this is really great.This is the same Symbol from NEM that I saw one wine company is using to track their products in a bid to reduce the rate of counterfeits that are out there in the market. They are using the Blockchain (which is this Symbol) to track their products from production to the marketers. The platform will give access to those who are distributing and they will be able to register every activity on the Blockchain.

Blockchain is really growing and is no longer just about transaction, it’s getting bigger than that. Lots of things are being discovered everyday that we can do with the Blockchain and it is really good. I hope to see more progress in the near future

.

We are indeed heading there yet blockchain tech can really be applied in various industries which would really enhance out their operation and other stuff.Ive seen several companies that had already integrate blockchain tech and so far they are pretty doing well and as anticipated and for the thing posted on op about Cannabis company using up blockchain then it isnt something to be surprised on.Majority might really have that negative views
when they do heard of about Cannabis but to know that this is legal into this place so they can do all they want.Hope that more companies will consider out to adopt this tech soon.

wozzek23

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Quote from: crypto1010 on July 06, 2020, 01:01:22 AM

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?

Yay, this is really great.This is the same Symbol from NEM that I saw one wine company is using to track their products in a bid to reduce the rate of counterfeits that are out there in the market. They are using the Blockchain (which is this Symbol) to track their products from production to the marketers. The platform will give access to those who are distributing and they will be able to register every activity on the Blockchain.

Blockchain is really growing and is no longer just about transaction, it’s getting bigger than that. Lots of things are being discovered everyday that we can do with the Blockchain and it is really good. I hope to see more progress in the near future

.

maxreish

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Quote from: Kong Hey Pakboy on July 08, 2020, 09:57:43 AM

Quote from: mezzaluna on July 08, 2020, 07:49:02 AM

-snip-

I never heard a project in the past about the use of Cannabis. Also, it would be beneficial for some other people who need proper medication with the use of Cannabis and make fast and secure transactions when it comes to buying it. But the problem is other countries still prohibits the use of Cannabis and Marijuana as a herbal plant because other people abuse it's used, so maybe that is the reason why the previous project about Cannabis has failed.

It's the blockchain we are talking here and not the Cannabis medical use and we all know about their indications or whatsoever.
Anyway, the advantage of that blockchain on their system is the reliable monitoring of crops and sales, the conveniency thay will help them on distributing supply.

If other companies likely see how successful Colombia using blockchain for their crops, other companies will probably try it, too. That will be a good way to acquire and access more blockchain system use.

dothebeats

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If there is anything that this promotes, it is the accountability of companies dealing with products that are still considered a contraband on some countries. In that way, people would at least know where their products ended up to and who possibly bought that and at what date. This ensures that people using it for illegal purposes will have to face trials and possible jail time. Idk why governments aren't seeing blockchain as an opportunity to make companies improve and practice dealings that are beneficial to one and all. I get that the road towards that isn't really that easy but if we are starting to do thing little by little, we might perfect the formula just like what this cannabis company is doing right here.

Kong Hey Pakboy

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Quote from: mezzaluna on July 08, 2020, 07:49:02 AM

There was actually a platform made in the past that is about the use of Cannabis but I guess it was not that successful enough since its name was never mentioned publicly. The study of Cannabis would really be helpful to those people who needs it in the medicinal field. They need to set it as a proper medication because it really helps some people. The Blockchain technology would be really helpful since it helps secure their transactions from who would buy their crops.

I never heard a project in the past about the use of Cannabis. Also, it would be beneficial for some other people who need proper medication with the use of Cannabis and make fast and secure transactions when it comes to buying it. But the problem is other countries still prohibits the use of Cannabis and Marijuana as a herbal plant because other people abuse it's used, so maybe that is the reason why the previous project about Cannabis has failed.

Petryakov

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Quote from: stompix on July 08, 2020, 06:51:32 AM

In the other 10%, the usage of blockchain is used for blockchain, right? Grin

For solving actual problems.

Schaeferness

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The companies are trying to find solutions and the blockchain is a solution to many problems. They employ more managers who have worked in encryption or have experience with it.
Many companies will invest more money in this industry and will pump more money and money into these markets to increase support.
you add Cannabis company may not be appropriate for many people, it is a non-title and may be misleading to many individuals.

Kemarit

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Quote from: mezzaluna on July 08, 2020, 07:49:02 AM

There was actually a platform made in the past that is about the use of Cannabis but I guess it was not that successful enough since its name was never mentioned publicly. The study of cannabis would really be helpful to those people who needs it in the medicinal field. They need to set it as a proper medication because it really helps some people. The Blockchain technology would be really helpful since it helps secure their transactions from who would buy their crops.

LOL, cannabis production or whatever has been here for centuries even with Blockchain technology, what different does it make if this technology are going to be implemented. I think this is one sector wherein it was really hype, yes cannabis could have medicinal effect, but that's just it.

I think it will just make things complicated for them, buying crops and producing and tracing? I'm not sure if it will be as effective as other usage of this technology.

mezzaluna

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There was actually a platform made in the past that is about the use of Cannabis but I guess it was not that successful enough since its name was never mentioned publicly. The study of cannabis would really be helpful to those people who needs it in the medicinal field. They need to set it as a proper medication because it really helps some people. The Blockchain technology would be really helpful since it helps secure their transactions from who would buy their crops.

stompix

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Quote from: Petryakov on July 06, 2020, 06:25:16 PM

Common sense. In 90% cases, blockchain is used for the usage of blockchain.

In the other 10%, the usage of blockchain is used for blockchain, right? Grin

Quote from: fiulpro on July 06, 2020, 06:52:01 AM

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.

Really? In 1900? How was the prototype called, woodchain? With what did they mine, Napier's bones?

Companies are working with outdated softwares? You know that the blockchain is just a database and a lot of things work flawlessly on other databases right now, from amazon to apple, all companies use databases and they are doing a pretty damn good thing.

Quote from: so98nn on July 06, 2020, 07:28:35 AM

First of all I am not sure how are they going to do the tracing thing if they are not able to do it in the real world with real resources being so handy.

All this tracing with the blockchain is a lot of hype, in reality it comes to trust, the trust that the product is indeed the one that was labeled when it exited the factory and the trust that there aren't 1000 others like him with the same stamp. You can't secure a product just with code, look at VIN numbers they were supposed to do the same, you check the VIN number against a database, and it shows the details of the car but at no point, you can be sure that there aren't 30 cars just the same model and color running around with the same VIN.

Antinass

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Cannabis that is intended to give doses prescribed by the doctor and not random use like what addicts do.
Working closely with Symbol of NEM and their blockchain to maximize their functionality from the rapid technology application does not mean that they will nicknote cryptocurrencies but because blockchain is a large database that can be used.
Anxiety problems during this epidemic can be treated with many antidepressants, which are available in many markets.

Petryakov

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Quote from: shoreno on July 06, 2020, 10:15:01 PM

blockchain is used for the usage of the blockchain ? i dont get it . blockchain is a system or technology . you can rather say that blockchain is used for other blockchain related products such as cryptos and many other more . other company will use blockchain more and more if they see that many companies are already using it and if they see that the results of using a blockchain is good and can drastically improve or transform the old way of thier business

I didn’t say “a blockchain,” which means that I referred to the technology. Blockchain, as any other technology, is used to solve particular problems. Namely, Satoshi created blockchain as a solution that allowed to order events in the ledger (or place timestamps, in other words) without the involvement of a trusted intermediary (or in a trustless Byzantine setting, in other words).

Now, please, tell me why this company (or any other company) would desire to place a database of their business related events in a public Byzantine setting instead of maintaining the database itself? Solutions for the problems of product tracing and authenticity verification were introduced long before the invention of blockchain (check out Certilogo, for example). You can use a highly customizable solution that will fit all your needs and feature much lower maintenance costs.

The usage of blockchain in most cases is justified merely by an opportunity to proclaim the usage of blockchain. Although the craziest hype seems to be gone at last, it’s still a viable way to start looking cooler in the eyes of investors and consumers.

batang_bitcoin

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You have posted many threads about this NEM to hype it.

Is cost-reduction attractive enough for businesses to use blockchain?
RE: Blockchain is very faithful
Symbol and NEM are tools that provide solutions even to the most common problems

Quote from: shoreno on July 06, 2020, 10:15:01 PM

blockchain is used for the usage of the blockchain ? i dont get it . blockchain is a system or technology

System or technology, it doesn't make difference.

btc_angela

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Quote from: ChiBitCTy on July 06, 2020, 08:12:38 PM

I think a lot of companies are starting to realize how well the blockchain can be utilized to help track and provide for open transparency when it comes to keeping track of their product. I've seen a few short new clips on companies who use this that claim it's completely reformed their process of tracking.

Traceability and transparency are the keywords here. And blockchain technology provide both of this which is really beneficial for a lot of companies, including cannabis related industries. Just imagine what changes it can bring to them if they uses this technology in keeping their product specially that it won't be tampered with and customers are getting some assurance that the product that they are going to get is high grade quality and cannot be fake.

Alobo Realer

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Blockchain tech is so rich and fruitful. Once you know how it works the benefit is far beyond what you can achieve. In keeping transparency and track to products, blockchain provides the best opportunity for every company who ventures into it.
I am glad this technology is becoming the order the day.

shoreno

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Quote from: Petryakov on July 06, 2020, 06:25:16 PM

Quote from: crypto1010 on July 06, 2020, 01:01:22 AM

What does it take for companies to use blockchain technology more?

Common sense. In 90% cases, blockchain is used for the usage of blockchain.

blockchain is used for the usage of the blockchain ? i dont get it . blockchain is a system or technology . you can rather say that blockchain is used for other blockchain related products such as cryptos and many other more . other company will use blockchain more and more if they see that many companies are already using it and if they see that the results of using a blockchain is good and can drastically improve or transform the old way of thier business

ChiBitCTy

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I think a lot of companies are starting to realize how well the blockchain can be utilized to help track and provide for open transparency when it comes to keeping track of their product. I've seen a few short new clips on companies who use this that claim it's completely reformed their process of tracking.

Rengga Jati

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Well, so there are several cannabis companies in Columbia that use blockchain technology. Well, that's good enough because many more industries will realize the importance of the blockchain technology.

Aside from good or not cannabis, blockchain will give a positive impact on the industry. besides getting the ease tracking on the company, the use of blockchain technology may work for:
1. Better transparency
where the people in the industry can easily check for the transparency, for the funds, flows, data, and many more.
2. A more enhanced security system
using blockchain is considered to have a more advanced security system.
And more others such as Improved traceability, more efficient and speedy, and of course Reduced costs.

And what the companies should do/have to use this technology?
of course, the readiness of the company systems, the workers, and also the regulation of the company.
The system and workers may be easy to realize. But, what;s about the regulation? Moreover, it is about that kind of company? Sometimes, the use of blockchain technology has to have certain regulations in order to check the transparency and also its traceability. Although blockchain actually offer them well, not all country regulation can accept it.

Petryakov

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Quote from: crypto1010 on July 06, 2020, 01:01:22 AM

What does it take for companies to use blockchain technology more?

Common sense. In 90% cases, blockchain is used for the usage of blockchain. This weed company, as well as many others, simply tries to look more high tech and perspective in the eyes of investors. There is no urgent need to trace cannabis crops, and if there is, it can be achieved in 100 other ways, but using a fancy tech like blockchain makes you looks cooler.

Yaunfitda

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As long as there are regulation for public production and mass consumption of cannabis then why not? I think in paper it is really good to see and trace everything and if it is written in blockchain as it is immutable. Most industries are also moving to blockchain to help them in the same process of tracing, example, pharma and other drug companies. It's just a question on how they are really going to utilized this latest technology to make their process much easier for them.

Jating

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Quote from: crypto1010 on July 06, 2020, 01:01:22 AM

What does it take for companies to use blockchain technology more?

If they know how to take advantage of blockchain technology then why not? I'm advocate of blockchain for huge to small tier company, after all they processes a lot of data isn't it, and that's where their money come from. Data of today means income, if you have that important data in your hand in at instant, companies can make their business decisions right away.

However, there are instance that a simple Relational database is just needed, no need to make that shift just to join the bandwagon of 'blockchain' buzz word.

RealMalatesta

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Weed and tracing doesn't really sound all that reasonable. I mean I would rather keep it something hidden even if it is legal, and wouldn't want anyone to know the weed ended up with me. It is really not a legal thing, it is already illegal in my country and I never used it and would never really consider it, however that doesn't mean I know for a fact that I wouldn't want it even if it was legal.

The thing is, you never really know what you are getting and one day something legal could be another day something illegal. It could be weed that is allowed but somehow Colombian weed transportation could become illegal overnight. So for the best case, I would rather keep it quite even if I am allowed for it. Of course it is nice to see blockchain being used, but I hope they will not do it Cheesy

.

tulpe123

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blockchain adoption is not a crypto adoption. So, i dont think that this news is really important for the industry

crypto1010

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Quote from: so98nn on July 06, 2020, 07:28:35 AM

Quote from: crypto1010 on July 06, 2020, 01:01:22 AM

(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.
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What does it take for companies to use blockchain technology more?

First of all I am not sure how are they going to do the tracing thing if they are not able to do it in the real world with real resources being so handy. Let's not forget narcos, wolf, Marco Polo and more uncountable personalities who did it even when things were tighter on regulations side.

So my back question is what things they are going to put on blockchain so as to make it untraceable transaction?

I felt for a seconds that underworld might just hire some IT guys and use blockchain technology for their anonymous business. This act of cannabis company can actually give more ideas to such people around the world. Lolz.

I think their goal is being able to trace where the crop came from. From the actual seed, to the time where it's already being sold. The management platform sits on Symbol blockchain, which allows for the registration and tracking of each cannabis strain, ensuring confidence in the quality of medical and recreational cannabis and also adherence to government regulations.

so98nn

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Quote from: crypto1010 on July 06, 2020, 01:01:22 AM

(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.
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.
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What does it take for companies to use blockchain technology more?

First of all I am not sure how are they going to do the tracing thing if they are not able to do it in the real world with real resources being so handy. Let's not forget narcos, wolf, Marco Polo and more uncountable personalities who did it even when things were tighter on regulations side.

So my back question is what things they are going to put on blockchain so as to make it untraceable transaction?

I felt for a seconds that underworld might just hire some IT guys and use blockchain technology for their anonymous business. This act of cannabis company can actually give more ideas to such people around the world. Lolz.

peter0425

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Quote from: crypto1010 on July 06, 2020, 01:01:22 AM

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?

this is the problem,How can they expect legalization when they are trying to use decentralized market to cover their transactions?
this will only Hinder their chances and will lead them to nothing.

Just use Fiat first and change it when everything is awarded in this way they can manage to Liter everything in their favor.

fiulpro

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Merit: 831

Quote from: crypto1010 on July 06, 2020, 01:01:22 AM

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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BillGoldberg

jr. member

Activity: 104

Merit: 1

This is huge, glad that NEM was able to pull this partnership off. This can bring huge potential for their token, especially if started to enter other industries and not just cannabis.

crypto1010

full member

Activity: 581

Merit: 108

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?

Topic: Cannabis company in Colombia using blockchain for their crops. (Read 451 times)