Editor’s Note: The IBM paper, “BlockChain: An Irrefutable Chain of Custody Audit for the Seed to Sale of Cannabis in BC” is available here.
From: Bloomberg Technology
IBM Touts Blockchain to Track Pot Industry From ‘Seed to Sale’
By Doug Alexander
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The digital ledger could be used to track pot from “seed to sale,” according to the Armonk, New York-based company, which submitted a paper this month to the government of British Columbia. The Western Canadian province was gathering public feedback on how to regulate the industry ahead of legalization of recreational pot nationally, set for July.
Blockchain could help B.C. take control of sourcing, selling and pricing of products while allowing producers to track inventory, supply and demand projections and consumption trends, IBM said in its paper.
