TruTrace’s StrainSecure Seed-to-Sale Blockchain Cannabis Tracker Gains Traction January 4, 2020 January 4, 2020 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJanuary 4, 2020 by Kelly Cromley

TruTrace’s StrainSecure Seed-to-Sale Blockchain Cannabis Tracker Gains Traction

Medical cannabis firms are in a big hurry to join the world’s first blockchain based platform for tracing product from seed-to-sale, as per a report from ProActive Investors on January 3.

The StrainSecure software, created by TruTrace, facilitates testing, DNA based assessment and product assurances for clients and patients.

The unalterable, cryptographically safe platform facilitates cannabis producers to improve trust among clients in a sector popular for questionable supply chains.

“By focusing on granular genetic, chemical and contaminant data, as well as motion and movement information and then merging that into a blockchain we are able to provide real-time data on each product being purchased.”

Top players in the medical cannabis sector like WeedMD and Harvest One Cannabis in recent times participated in a trial venture for the platform. As a portion of the trial, WeedMD carried out validation of 40 strains.

Notably, in Uruguay, Aeternity is rolling out a blockchain powered tracing platform for cannabis. Nevertheless, the StrainSecure platform has taken a step forward in trial and implementation of DNA based assessment.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.