Summary
As the storm of blockchain has flushed out many fields with various technologies to adopt the blockchain technology in mass, the researchers and innovators join hands to bring up a sustainable environment through cryptocurrencies. Mindset of people using terms of drugs like Cannabis has been changed in recent days through their medicinal and pharmaceutical awareness. Cannabis is indeed a medicinal plant which has a vital role in treatment of few incurable diseases. Therefore there's a growing demand for supply which has to be incorporated with proper technological assistance. Team CannaCor has combined the blockchain technology with the cannabis cultivation.
What is CannaCor?
CannaCor is a licensed producer of Cannabis and it's by products with medicinal values located in Lesotho situated in Southern Africa. They aim to incorporate only the latest and best technologies and to become a medical cannabis producer to supply cannabis flower and extract products to tens of thousands of patients, physicians, pharmacies, hospitals, governments and researchers on a global scale. CannaCor uses aquaponics production method which is a blend of "aquaculture" and "hydroponics" which involves no soil but alternative growing medium.
How does it work?
CannaCor implements the blockchain and other latest technology for solving many problems arising from maintaining the exact quality and quantity of the crop, accepting the raw materials to delivering it to the users. The complete management services is taken care with blockchain technology.
Cultivation and life cycle management
This is the most important aspect of the project where the cultivation of Cannabis industry needs technology infrastructure to support in improving multistage cultivation of cannabis. The blockchain technology and other applications are used to assist various activities such as accepting the raw materials, manufacture the product and testing the quality of the crops.The block chain corporation has plotted three major areas such as process and cost analysis, genealogy tracking and optimization, product quality and consistency which has to be predominantly addressed during cultivation.
Supply chain management
Blockchain Corporation will create a network of processes that moves the product along from the suppliers of raw materials to the organizations which deal directly with users. It has developed solutions for three major steps in supply management such as maintaining decentralised data records, packaging and QR code scanning. It also involves logistics and procurement management applications for tracking and management purposes.
Regulatory and compliance management
With the increased adult use and medical usages, the regulators require detailed information on the medical cannabis cultivator's business from where the product comes from, the results of any testing that has been done, the specified amount produced, and distribution. Our aim is to establish support processes to monitor information throughout the supply chain and ensure compliance with all regulations.
Advantages
● Medical cannabis : The cannabis plant was used for medicinal purposes for centuries throughout the world until the early 1900s. It contains more than 100 different chemicals called cannabinoids.
The primary purpose of medical cannabis is symptom relief, improved function and overall quality of life.
● The CannaCor with blockchain incorporation conduces seed to sale tracking, payment solution, supply chain solutions, cultivation compliance software integration, cannabis cultivation facility, cannabis cultivation license, benefit for investors and also uses the latest technologies such as IoT and machine learning which stands out from other similar companies.
● Investor benefit includes coin buy back and burn option. CannaCor will use 12% of the nett profit to buy back coins twice a year over a period of 10 years. 100% of the coins bought back will be burnt / destroyed which maintains the stable growth of cryptocurrency and low volatility.
Token details
Token allocation
Fund distribution
Roadmap
Team members
Advisors
Conclusion
Cannabis on the other side has a huge medicinal value which needs a technology infrastructure to support cultivation to supply of the cannabis byproducts. Blockchain corporation provides a seamless support to suffice. With incorporation of latest technologies and through stable value to investors CannaCor stands to meet the Cannabis demand in the global market legally and provide solutions to various medicinal and pharmaceutical requirements. CannaCor on comparison with other similar crypto companies strives to provide trusted and profitable company to reach heights in medical as well as in crypto space. For more and latest information, please visit https://cannacor.io/
For more information
Website: https://cannacor.io/
Whitepaper: https://cannacor.io/assets/cannacor_whitepaper.pdf
Bounty Thread: https://bitcointalk.org/index.php?topic=5193171.0
Facebook: https://www.facebook.com/cannacor/
Twitter: https://twitter.com/canna_cor
LinkedIn: https://www.linkedin.com/company/canna-cor-pty-ltd
Medium: https://medium.com/@CannaCor
Discord: https://discordapp.com/invite/ep4Szdj
Telegram: https://t.me/cannacor
Written by
K.Siva Arulmani
Bitcointalk Username: Rachchi
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2297077