About BitCanna
BitCanna will provide a decentralized payment network, Supply chain and Trust network for the legal cannabis industry. Our confirmed partnerships have millions of customers that have immediate access to the product! This means that you can use BitCanna to pay at hundreds of (online) stores starting in 2019.
Developed for the industry by the industry, BitCanna will enable easy instant payments. BitCanna will be accepted by all major players in the cannabis industry.
In the future, the BitCanna platform will be used as a supply chain solution to enhance product safety, giving you more information about where your product is actually coming from. Finally, in addition to the transparent supply chain the BitCanna ID solution will also offer trust and review options.
BitCanna has been created to solve the current problems facing the cannabis industry. It is an initiative formed from a strategic alliance of leaders in the European cannabis industry, hereby called the Bitcanna Alliance. This network contains the most prominent seed banks and cannabis dispensary firms in Europe, serving more than 10.000.000 unique visitors every month. With their shared interest they are committed to providing the best solution to address these challenges, and with their combined expertise they are capable of doing so.
The big names are ready. The question is, are you?
Features
BitCanna PlatformFind the best offers from online shops and physical stores near you.
Shop & product reviewsReview shops and products and find trusted reviews by other consumers.
Supply chain transparencyFind out about the origin and quality of products.
Payment walletEasy to use the wallet for instant payments.
ID managementUpload your ID securely on the blockchain for easy verification at shops or cannabis clubs and to build a trustworthy reputation.
Technical Info
The first phase of the project is to create a decentralized payment network to solely serve the cannabis industry. The main goal is to provide an alternative payment solution for unbanked businesses that is more cost-efficient than the current payment options. This payment system will be built around the BitCanna token (BCNA) which is a digital currency that acts as a means of exchange and the unit of account on the BitCanna blockchain. The main net will go live directly after the ICO’s time limit is reached.
In the second phase of development the mainnet will be integrated with the supply chain layer. The BitCanna blockchain will be expanded with track and trace monitoring functionalities, allowing traceability of the entire supply chain of cannabis, and cannabis-related products. The main goal of phase two will be to create a more efficient supply chain network for businesses and simultaneously build more trust, as well as a new level of transparency within the cannabis industry.
In Phase 3 a trust and reputation layer will be integrated into the blockchain and a variety of applications will be developed on top of this layer. These applications will further incentivize the network, improve business efficiency and transparency, and better the customer experience.
Some practical examples of the applications are business analytical tools, inventory management and loyalty programs. Furthermore, a secure identity platform complementing a review and rating system will be developed for all partakers in the BitCanna network. BitCanna will provide a platform for all links in the supply chain, from farmer to end-consumer, to build the trustworthy reputation they deserve.
Published first on ICO Scroll ICO Scroll : https://icoscroll.com/bitcanna-bcna-ico/