Subscribe to Our Newsletter
Thursday May 26, 2022
Bitcoin (BTC) $29,238.00   Ether (ETH) $1,843.05
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Swap USDT (TRC20) Instantly
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Changelly
CryptoNinjas
Home Networks & Protocols

Uruguay Can to secure cannabis production process with aeternity blockchain

Published by CryptoNinjas.net
09/24/2019
Uruguay Can to secure its cannabis prooduction process with aeternity blockchain

æternity, an open-source blockchain for building decentralized applications, today announced that it is in the process of creating a supply chain management platform for the cannabis trade alongside Uruguay Can, one of South America’s leading cannabis production companies.

The solution that aeternity will implement allows the registration and tracking of cannabis strains from the seed to the final product, combining the technology of blockchain and IoT, while also offering the possibility of creating decentralized applications.

aeternity Americas CEO Pablo Coirolo explained that blockchain technology can provide security and confidence about the quality of medical and recreational cannabis.

“We want to be the first to offer a business-level solution in partnership with leading technology providers and cannabis producers, processors and distributors. aeternity technology is ideal to capture the history of cannabis throughout the supply chain, ensuring consumer safety while exercising regulatory control,” described Coirolo.

Uruguay

Flag of Uruguay with cannabis leaf.

In December 2013, Uruguay became the first country in the world to completely legalize the production and sale of marijuana.

With a population of only 3.4 million and in a small territory between its two neighboring giants, Brazil and Argentina (with populations of 208 and 43 million respectively), Uruguay has innovated in both recreational and medicinal marijuana.

Implementation

The first phase of the implementation of the program between Uruguay Can and aeternity will begin in October and is expected to be completed in January 2020 with full implementation planned for the middle of next year.

For Uruguay Can CEO Eduardo Blasina, the partnership with aeternity is a significant milestone for the industry. “We are proud to be the first company in Uruguay that can support its products in a transparent and verifiable way,” said Blasina.

Coirolo added, “The importance of the traceable source of cannabis is a responsibility towards consumers and the industry, who should be able to feel safe. “This mechanism is ideal for polishing cannabis history throughout the supply chain, certifying consumer safety while regulatory control is being carried out,” said Coirolo.

Remember that blockchain, or “cadena de bloques” in Spanish, is an immutable database distributed among computers that are part of a network, which facilitates the exchange of data and documents between those involved in an operation.

22
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram
Via: aeternity

Related News

æternity wins blockchain partners in Uruguay for agriculture, logistics and more

12/12/2019
æternity wins blockchain partners in Uruguay for agriculture, logistics and more

æternity, the open-source blockchain application platform, today announced that its solution was able to solve half of seven new projects utilizing its blockchain across agriculture, media, supply chain, and more, as part of a...

Read more

AE Ventures and Microsoft to host blockchain accelerator programs in Malta

11/04/2019
AE Ventures and Microsoft to host blockchain accelerator programs in Malta

æternity, an open-source blockchain for building decentralized applications, which just activated its final hard fork, today announced a partnership with Microsoft Innovation Center (MIC) to support the growth of blockchain technology in Malta. Through...

Read more

aeternity blockchain developers take on Ethereum with final hardfork

10/31/2019
aeternity blockchain developers take on Ethereum with final hardfork

The core development team for aeternity, a next-generation, open-source blockchain for building decentralized applications, has activated its LIMA hardfork, releasing the latest software to miners and in fact, handing over governance to the community....

Read more

æternity Ventures announces $400К funding in 4 blockchain projects

07/16/2019
Aeventure

æternity Ventures, the investment arm of the æternity Blockchain, has officially announced the funding in the 4 seed-stage startups from the second edition of the Starfleet accelerator program. Each of the 4 teams will...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Kiln completes $5 million funding round to grow blockchain staking platform

Kiln completes $5 million funding round to grow blockchain staking platform

05/19/2022
Crypto transaction monitoring platform Merkle Science adds support for 1,200+ ERC-20 tokens

Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

05/20/2022
Legion Network launches app with crypto wallet, NFTs, play2earn, watch2earn, launchpads, rewards and more

Legion Network launches app with crypto wallet, NFTs, play2earn, watch2earn, launchpads, rewards and more

05/24/2022
TRON network integrated with blockchain infrastructure provider Ankr

TRON network integrated with blockchain infrastructure provider Ankr

05/23/2022
Cosmos creator and co-founder of Tendermint Jae Kwon launches NewTendermint

Cosmos creator and co-founder of Tendermint Jae Kwon launches NewTendermint

05/25/2022
Polygon forms a multi-million dollar fund to assist Terra projects in migrating

Polygon forms a multi-million dollar fund to assist Terra projects in migrating

05/25/2022
Fairmint launches new tokenized equity platform for startups

Fairmint launches new tokenized equity platform for startups

05/25/2022
Japan exchange Coincheck lists SAND, the crypto asset of The Sandbox metaverse

Japan exchange Coincheck lists SAND, the crypto asset of The Sandbox metaverse

05/24/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version