Global : Cannabis marketplace & Supplychain
Web3 Marketplace of multiple vendors with a multiple signature system to guarantee the quality of each product sold.
Última actualización
Web3 Marketplace of multiple vendors with a multiple signature system to guarantee the quality of each product sold.
Última actualización
The platform was developed by IBM and uses distributed ledger technology to track food from its origin to its final destination, allowing consumers, retailers, and food suppliers to know the origin and quality of the products.
IBM Food Trust has been used to improve transparency and traceability in a wide variety of food and beverage sectors, from meat production to coffee supply chains and food safety tracking. Learn more about IBM Food Trust here.
Multi-signature technology is a useful tool for ensuring the secure delivery of cannabis-based products in online transactions.
In a multi-sig transaction, the buyer and seller can agree to use a multi-sig address as a security deposit for the transaction, and the funds will only be released when certain preconditions are met, such as testing and verifying the quality of the products.
This reduces the risk of fraud and scams in online transactions and provides greater confidence and protection to both parties involved.
We will establish a transaction cost based on the risks related to product delivery and quality, which will be 10% per transaction.
2% of each payment will be sent to the liquidity pool of our token, and the remaining 8% will be our commission.
Estimate the amount of products ready to be harvested or transformed.
Know the origin and final destination of each product.
Determine the quality of each product, the elements used for its harvest such as organic fertilizers and fungicides.
Estimate the sale price and the net pending profit.