Post
Topic
Board Economics
Re: Cannabis company in Colombia using blockchain for their crops.
by
crypto1010
on 06/07/2020, 13:47:07 UTC
(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.