Blockchain-enabled supply chain platform ensures legal flow of products through the Canadian cannabis market

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As the Canadian Authorities’s Cannabis Act lastly legalized Cannabis on October 17, 2018, Greenstream is poised to offer a complete expertise resolution to the Canadian Cannabis trade. This may simply be a really profitable ‘area of interest’ in the market now that Canada nearly bought out of weed merely one after lifting the prohibition.

Greenstream is growing and commercializing a blockchain-enabled supply chain integrity platform to make sure the protected, legal and authenticated flow of products and worth through the cannabis market. It has made vital progress on the growth of its expertise and associated infrastructure since its acquisition by BLOK Tech in January 2018.

“We’re happy with the progress of the Greenstream Community as the trade strikes in direction of full legalization,” mentioned BLOK Tech CEO Rob Dawson. “Greenstream is growing and can commercialize a multi-component cost and supply chain integrity system to make sure the trade can successfully function on this advanced regulatory surroundings with a number of jurisdictions in Canada and past.”

In August 2018, Greenstream efficiently accomplished a deployment of its funds community and functions to the Oracle Cloud Infrastructure, as half of the beforehand introduced strategic relationship with Oracle on July 11, 2018.

The deployment has been absolutely examined and optimized by the Greenstream technical staff and the platform, together with a demo surroundings, are working easily and at a velocity that’s scalable. This represents a key milestone in the platform’s growth in that it’s working in a number of environments, together with the world-class infrastructure supplied by Oracle. It supplies a proof-point for the technical excellence of the system and assurance to the Cannabis trade that the Greenstream Community is enterprise-ready. It’s additional proof that Greenstream is a key step nearer to having an enterprise-grade platform for integration with main prospects through the Oracle Scaleup Ecosystem.

Wieke Beenen
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Earlier articleInside FinTank’s World Blockchain Summit 2018

About Tom Greenly

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