BLOCKStrain Technology Corp. (TSX.V: DNAX) has distinguished itself in the cannabis industry as the developer of the first integrated blockchain platform that registers and tracks intellectual property (“IP”) for the budding sector. An article discussing the company reads: “With the use of BLOCKStrain, the grower can defend intellectual property rights with an authentic, verifiable chain of evidence embedded in the blockchain from genome-to-sale. Consumers and regulators can leverage the technology to identify where the product was grown and sold, as well as if it meets quality control standards. The platform verifies and tracks critical steps as the cannabis moves through the supply chain, including pesticide use, quality and potency testing, transportation data and additional regulatory information. Both growers and consumers can rest at ease knowing that the origination, care and delivery of the product is held to the highest standards.”
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About BLOCKStrain Technology Corp.
BLOCKStrain Technology Corp. has developed the first integrated blockchain platform that registers and tracks intellectual property for the cannabis industry. Strain protection and genetic identification are major issues for growers and breeders, and this new technology allows them to identify and secure rights to their valuable intellectual property (IP). The BLOCKStrain platform also streamlines the administrative process of genetic and mandatory quality control testing for legal cannabis, cutting the administrative time and expense in half. BLOCKStrain’s proprietary, immutable, cryptographically secure blockchain-technology establishes a global ‘single source of truth’ for cannabis strains, their ownership, potency and chemical makeup. For more information, visit the company’s website at www.BLOCKStrain.io.
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