Blockchain Startups Look To Profit From Marijuana Election Results
Tuesday saw eight of nine states, where cannabis legislation was on the ballot, approve initiatives for cannabis regulation either medicinally or recreationally. There are numerous blockchain-facing startups and crypto-currencies who stand to benefit from the normalization of marijuana. In the wake of Tuesday’s “green letter day” for cannabis legislation, we put together a list of some of those blockchain companies in the best position to prosper from the so-called “green rush.” Tokken. Tokken founder Lamine Zarrad, a former US government regulator in Colorado, believes the blockchain can....
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With marijuana legalized in most of the US states, weed farmers are getting their strains tested with Medicinal Genomics and getting the results added to a blockchain registry. The use of blockchain technology in intellectual property rights management is a well-known application. There are plenty of startups and established companies working on creating platforms for patents and copyrights management using distributed ledger technology. While the cryptocurrency platforms anticipated the music and film industry to be their leading customer, marijuana growers in the United States have....
The Associated Press’s (AP) 2020 election results will be recorded on Everipedia’s EOS-based blockchain network, a first for the nearly 200-year-old news agency.
Using blockchain-based technologies provides a secure and unhackable record of the state-by-state results as they come in. The Associated Press news agency has been publishing incoming results from the Nov. 3 United States presidential election onto the Ethereum and EOS blockchains.As noted on the developer webpage detailing how to access its AP Elections API, results are being immutably written to blockchain by Everipedia’s OraQle software.While the results are naturally also being published on the AP website, using the blockchain-based Everipedia provides an unhackable and permanent....
The US Multidisciplinary Association for Psychedelic Studies, hereinafter MAPS, has started accepting Bitcoin donations in a further boost for the cryptocurrency from the marijuana industry. Founded in 1986, MAPS describes itself as a non-profit research and educational organization that develops medical, legal and cultural contexts for people to benefit from the careful uses of psychedelics and marijuana. Donations in Bitcoin can be made using a dedicated form. The announcement is the latest in a series of supportive moves from marijuana entities across the US. In October of last year,....
It is not the first time Ukraine gets involved with distributed ledger technology provided by the (Ethereum) blockchain. There are many different use cases for the blockchain outside of the realm of finance, and slowly but surely, people see the benefits of this technology. In Ukraine, the next series of elections might make use of the Ethereum Blockchain. Such an electronic election system is quite a novelty in the world of voting, and it can be utilized for different types of elections in the future. One thing election processes lack is transparency, as well as real-time results. Even....