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IBM suggests blockchain for tracking Canadian marijuana

08 Nov IBM suggests blockchain for tracking Canadian marijuana

Tech titan IBM is pitching blockchain technology as a supply-management tool for British Columbia’s recreational and medical cannabis industry, a possible sign that Big Blue is eyeing Canada as a way to enter the marijuana sector. IBM submitted a paper to British Columbia after the government requested suggestions for its forthcoming marijuana legislation. The Armonk, New York-based company argued that the digital ledger offered by blockchain technology would allow regulators to track MJ from seed to sale, Bloomberg reported. The Canadian Press noted that IBM has invested a large sum in ... IBM suggests blockchain for tracking Canadian marijuana is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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