- Blockchain technology creates open, distributed, indisputable record
- BLOCKStrain creates first blockchain platform for cannabis industry
- Cannabis industry forecast to quadruple in size over next decade
Clearly, blockchain isn’t just about bitcoin anymore. Originally created as the foundational platform for the cryptocurrency world, blockchain technology is an open, distributed ledger that keeps an ongoing, ordered record of transactions and movements between two parties. The data within the network is shared with full transparency between everyone in the community, and, because that information is replicated across thousands —even millions — of computers, it is fraud and mistake proof, creating an unprecedented level of trust.
Those words — open, transparent, trustworthy, fraud proof — are ones that any company would like to claim, and BLOCKStrain Technology Corp. (TSX.V: DNAX) does just that. BLOCKStrain provides the…
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