Bitcoin
$ 10,368
Ethereum
$ 337.63
Litecoin
$ 42.88




StrainSecure Seed-to-Sale Blockchain Cannabis Tracker Is a Gamechanger

StrainSecure Seed-to-Sale Blockchain Cannabis Tracker Is a Gamechanger


Medical cannabis companies are rushing to sign up for the world’s first blockchain-secured platform for tracking product from seed-to-sale, according to a report from ProActiveInvestors on Jan. 3.

The StrainSecure platform, developed by TruTrace, provides testing, DNA-based validation and product guarantees for patients and customers.

Seed-to-sale tracking

The immutable, cryptographically-secure platform enables cannabis producers to foster enhanced trust among customers in an industry famous for unreliable supply chains.

“By focusing on granular genetic, chemical and contaminant data, as well as motion and movement information and then merging that into a blockchain we are able to provide real-time data on each product being purchased.”

Pilot recently completed

Major players in the medical cannabis industry like WeedMD and Harvest One Cannabis recently took part in a pilot project for the platform. As part of the pilot, WeedMD put 40 of its strains through validation.

As Cointelegraph reported, Aeternity is launching a blocking-tracking platform for cannabis in Uruguay. However, the StrainSecure platform goes further in its testing and DNA-based validation.



Source link

Related Posts

Hot Posts

South African Google Searches for Bitcoin Spike Amid Economic Uncertainty
March 19, 2018By
Blogger ‘Bitfinex’ed’ Hires Legal Counsel to Fight Bitfinex Lawsuit
March 19, 2018By
EOS, Cardano and Tezos: Sleeping Giants Starting to Stir
March 19, 2018By


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin10,368 1.82 % 4.63 % 0.38 %
Ethereum337.63 1.82 % 9.40 % 7.67 %
Tether0.9984 0.13 % 0.12 % 0.07 %
XRP0.2322 1.57 % 5.65 % 4.19 %
Bitcoin Cash211.02 1.35 % 6.16 % 4.83 %
Polkadot4.040 0.99 % 12.89 % 23.60 %
Binance Coin22.84 3.52 % 12.87 % 26.60 %
Chainlink8.740 1.29 % 13.34 % 27.29 %
Crypto.com Coin0.1510 2.03 % 7.98 % 6.08 %
Litecoin42.88 2.76 % 8.67 % 10.80 %