The hemp and cannabis industry is on the verge of a massive transition. In a recent decades, almost every agricultural industry has used data to drive efficiency and innovation. Greenblock is a traceability blockchain program. Greenblock will launch the GBK cryptocurrency in Q4 2018 along with the Greenblock Traceability blockchain and App in Q3 2019.The blockchain with the personal virtual assistant for the management and traceability of hemp and cannabis related businesses will make possible to provide traceability for each plants, from seed to finish product.The growing regulation under Prop.64 require serial numbers and RFID tags who will be assigned to each batch of young plants , as individual plants are tagged later in the process.This database will give the state real time monitoring into the inventory at all location, each number holds product information linked to an on line file that contains informations such as strain, propagation method, location, intended use and number of plants at each stage, that will required to tag thousands of plants a year.Also included in the track and trace system are the purity results from testing labs, which screens for pesticides and toxins.Hosting the track and trace database thru the blockchain guaranty transparency, speed of sending data and values, decentralization and security.This advantages comes in part by blockchain owning, generally, open source codes, which means that developers can track and understand, audit and even suggest improvements in these blockchain. Blockchain environment.As more companies explore its possibilities, it has become clear that blockchain represents an opportunity to efficiently manage supply chain data across a complex network from farmers, to distributors, processors, retailers, regulators, and consumers. With the promise of amplifying traceability, blockchains record specific information about products as they move throughout the supply chain. Although industry analysts say blockchain is still very much in its infancy, now is the time for companies to educate themselves on its benefits and how it can lead to vast improvements in efficiency and security in the food supply chain.
|Token Sale Start Date||30-Jun-18|
|Token Sale End Date||30-Dec-18|
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