On the surface, there is little evidence to link the worlds of blockchain and cannabis. The former is a distributed ledger that records transactions of all kinds, typically those related to cryptocurrency. The latter is a plant-based drug used for medicinal and recreational purposes. And yet, these seemingly unconnected planets are increasingly coming into each other’s orbit.
Over recent years, we have seen many intrepid entrepreneurs tap into blockchain technology to enhance the cannabis industry. From decentralized autonomous organisations (DAOs) that enable community participation in the marijuana economy, to cannabis-based cryptocurrencies like CannabisCoin and RastaSwap, to hub ventures like the Crypto Cannabis Club, blockchain-powered solutions are rolling off the production line at an increasing rate.
Although our own business Veriheal has yet to establish a concrete blockchain use case, it has been a focus of discussion within the company for some time. One thing that seems...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...