IBM wants Canada to blockchainify its weed industry

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IBM wants Canada to blockchainify its weed industry.
IBM has some interesting feedback to give to the Canadian government. The technology giant is consulting British Columbia as the state prepares its new regulatory framework for the production and distribution of cannabis – and its advice is all based around the use of blockchain technology.

In a new proposal [PDF] to British Columbia government officials, IBM has recommended considering using blockchain as a means to ensuring consumer safety and reliable regulatory oversight “from seed to sale” in the country’s nascent cannabis industry.

Among other benefits to using blockchain, IBM singles out crucial aspects of the technology such as its decentralized nature, increased transparency and the impossibility of spoofing transactions.



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IBM wants
Canada to blockchainify its weed industry
IBM wants Canada to blockchainify its weed industry