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The Future of Cannabis Industry Payments

Posted 31 Mar-2021 02:40 PM by Rudy | 454

The global cannabis industry has been inhibited by regulatory restrictions for most of the recent history. But the legal market has emerged rapidly as more governments legalize medical and recreational use. Due to the shady image of the business, most banks and credit card companies would not handle the money generated by the cannabis industry though it is completely legal. This leads to inefficient and expensive solutions such as high bank fees and cash transactions, which only add to the shady image of the industry.

 

CannaBCoin Mission

 CannaBCoin (CBDC) mission is to build our brand on the core values of customer service and care hospitality, highest standards of quality, honesty, integrity, and community outreach. CannaBCoin is backed.

CannaBCoin Ecosystem: To provide Seamless, Fast Secure and Immutable payments for Worldwide Cannabis Industry.

CannaBCoin (CBDC) will be using Blockchain Technology) is based on POS Blockchain Technology. Proof-of-Stake, or proof of stake, is based on a completely different logic than proof of work and does not require any particular computing power. In the Proof-of-Stake, the participants of the consensus can be assimilated to the shareholders of a business entity having the privilege of participating in its consensus mechanism.

The PoS is a consensus much less expensive than the PoW, because it requires neither energy expenditure, nor particular material. Concretely, to validate a block, the nodes must here prove their possession of a certain quantity of cryptocurrency , and pledge it on the network . The greater this quantity, the more likely a node will be chosen to update the register of a blockchain. The PoS consensus indeed considers that these people are the most likely to want to fight against an attack on the network, which could ruin them entirely.

CannaBCoin would achieve transparent, fast, secure and immutable payments worldwide enabling rapid growth for Cannabis businesses in terms of number of customers and partners through the common CannaBCoin Ecosystem.

The Token Sale Event and reach worldwide members, subscribers, investors, and CannaBcoin Investment Allocation will be launching on 7th April 2021 directly on best Crypto Exchanges platforms of 2021 like Bitengen, Binance, OKEX, Kucoin, Bitfinex and Probit.  

 

Website : https://cannabcoin.io/

Twitter : https://twitter.com/cannabcoin

Facebook : https://www.facebook.com/cannabcoin

Telegram : https://t.me/cannabcoin

 

 

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