Analysis
Policymakers in Europe and the U.S. are pushing to use blockchain technology to ensure a safer, regulated cannabis market.
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Cannabis News
Cannabis is kind of narcotic substance produced from a plant by the same name. Cannabis is legalized in some countries and some states of the U.S. Bitcoin in the cannabis industry is a new way of making secure and anonymous payments. As drug trafficking is still outside the law, banks and other financial establishments don’t provide services for cannabis dealers. It is simple to buy cannabis online with Bitcoin or even use Bitcoin to buy cannabis seeds. Besides this, cannabis and Bitcoin are connected not only as being a payment method. There are many cannabis cryptocoins allowing to buy cannabis equal to one coin. Such altcoins have cannabis as a reserve, so they can be convenient to use not only as Bitcoin for cannabis, but for any other goods as well.
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The Cannabinoid Association of the Netherlands has unveiled a blockchain-based CBD tracker for customers to trace a product’s journey from seed-to-sale.
3447 - News
Paragon Coin will face federal claims from a class-action lawsuit alleging that the firm’s $70 million ICO from 2017 violated securities laws.
5718 - Opinion
Bitcoin has become the biggest win for business: A personal story from an artist and a businessman.
25877 - News
UC Berkeley’s blockchain incubator has welcomed 17 startups into its program, including a reverse auction loan platform and a cannabis-themed online game.
1868 - Interview
Wallet providers and exchanges will be paying interest on consumer crypto holdings within two years, predicts Dan Schatt.
6207 - News
TruTracker seed-to-sale blockchain-based cannabis tracker StrainSecure set to revolutionize the medical cannabis industry.
6244 - News
Measure Protocol, a blockchain-based data marketplace, has partnered with the Broccoli app to create a cannabis research project.
4150 - News
Medical and recreational cannabis producer Uruguay Can taps Aeternity’s blockchain to track its supply chain.
3747 - News
A Californian politician has become the first elected official to use cryptocurrency to purchase cannabis in the U.S. to advocate for cannabis tax remittances via stablecoin.
2976 - News
Big Four auditing firm Deloitte has partnered with blockchain startup TruTrace to track cannabis using blockchain technology.
4983 - News
Australian Securities Exchange-listed firm Security Matters has filed a patent application in the United States for a blockchain-based cannabis supply chain system.
2667 - News
A drug-dealing couple has pleaded guilty to selling a variety of controlled assets on the dark web in exchange for cryptocurrencies.
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An Arizona startup is testing its stablecoin payments platform for the medical marijuana industry through the state’s fintech sandbox.
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Greek billionaire and television director Alki David and his Swiss consortium have launched cannabis-backed token SWX Coin.
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