Canadian start-up wants to create marijuana supply chains via Blockchain

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Canadian start-up wants to sell marijuana via Blockchain

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, Canadian start-up wants to create marijuana supply chains via Blockchain, Criptomonedas e ICOs

Several US states have in the past implemented the legalization of cannabis and marijuana. It was also very up to date on 17.10.2018 Canada, which also released the smoke. A Canadian company is now using the blockchain for distribution.

DMG wants to exploit growth through blockchain

Regardless of what you think about the release and the concept of the Government of Canada, finally let the revenue options for criminals disappear: In any case, come here in two innovative "philosophies" together. The liberal political orientation on the one hand and the technical future of blockchain as the basis of currencies such as the Bitcoin. The speech here is from the company DMG, which has its headquarters in beautiful Vancouver. The provider's plan is to create a whole network of different companies in the industry. In addition to domestic consumers, DMG also looks at other emerging or existing markets worldwide.

Supply chains should be designed through intelligent contracts.

It is obvious which system could possibly serve as inspiration. In fact, none other than Charlie Lee, founder of Litecoin, works for the company in an advisory capacity. The new network should include not only manufacturers but also laboratories, retailers and non-governmental authorities. The result of the concepts is to create solutions for transparent and reliable supply chains in the new – now legal – growth market. Through the participation of the various partners, new licensing procedures and opportunities for purchase revocation are to be created without great bureaucracy. The supply chain is to work according to current news, including on a smart contract basis. DMG's approach is unlikely to be the last of its kind.

Finally, analysts estimate the current value of the Canadian marijuana market at around $ 23 billion. Dramatic increases are already expected as a result of legalization, not least because of the numerous proven medical deployment options. So the blockchain gradually finds its way into other areas that developers may not even have thought of recently.

, Canadian start-up wants to create marijuana supply chains via Blockchain, Criptomonedas e ICOs



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This post is also available in: Español (Spanish) Русский (Russian)

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