ICO Review CannaCor
Peaceful greetings of the universe
Blockchain is a system of recording transactions in many databases that are widespread on many computers, each of which contains identical records. This system is also called distributed ledger. With this decentralized transaction record, it is almost impossible to hack or change unilaterally, without changing the majority of all databases.
During this time marijuana has a pretty bad reputation, especially in health problems. The use of cannabis in inappropriate and indiscriminate quantities can indeed cause many health problems. For example addiction, anxiety, or brain damage associated with memory. One study even found that the risk of heart attack increased within one hour after someone smoked cannabis.
Even so, it feels unfair to see marijuana based solely on the adverse effects it causes. Marijuana also has a good side and can be used in terms of health if used properly.
CannaCor and Blockchain Corporation have been involved in collaboration to position themselves to be a global leader in cannabis research, planting, processing and distribution, and the application of blockchain technology for the needs of the cannabis life cycle and supply chain management. They aspire to lead, legitimize and define the future of the industry by building the most trusted blockchain-based cannabis company in the world. This effort includes the establishment of a unique aquaculture and aquaponic production facility in Lesotho to supply the global market. This document provides a breakdown of the contribution of both parties to this endeavor including the Initial Coin Offer (ICO) and how this will impact their operations.
Vision
CannaCor is the leader in the development of cannabis therapy in Lesotho. Our center is to support a generation office that can support and grow our leadership with factories supporting aquaponics while gathering all the support of our administrative work with blockchain innovation to support straightness, unchanging and true attainment.
Mission
CannaCor works every day with a group of experienced scientists, block developers, pharmacists and engineers to improve our company by researching and supplying high quality cannabis products that are natural in the surroundings.
Regarding Blockchain Corporation
Blockchain Corporation's forces are committed to solving problems in the medical marijuana industry and providing the foundation for the implementation of true life blockchain technology to ensure consistent growth in results of excellent quality and quantity. It aims to optimize the cannabis culture cycle life and deliver the completion of supply chains from point to point to improve the ability to order products.
Strategy
CannaCor works with a group of experienced researchers, blockchain designers, medicine specialists and architects day by day, with the aim of improving our organization by exploring and delivering great cannabis items that can be maintained on earth.
WHY HYPERLEDGER FABRIC?
Blockchain Corporation believes that by using all the beneficial aspects of Hyperledger Fabric, the tracking process is not only transparent but will have all the qualities to make it the best technology for tracking. Hyperledger is the most appropriate for operation because of the flexibility offered. Switching from anonymity to complete transparency and easy tracking is ideal for this project.
The whole process is divided into several phases:
Phase 1- Management life cycle of production
Through the use of the Hyperledger blockchain, we can ensure transparency in tracking and tracking cannabis factories. The entire production life cycle will begin by entering data into the blockchain. The first phase of the process will range from production to packaging.
Phase 2 - Supply chain management
After the packaged goods are ready to be sent to end users (in this case, retailers), they move further through QR code scanning and other quality checks. All of this will be updated in Hyperledger immediately after the process. The last part of this phase is when the packaged goods reach each retailer for further use.
HOW DOES IT WORK?
CannaCor coins are made on the Ethereum network.
CannaCor cryptocurrency is sold to the public through ICO.
Funds collected during the ICO will be used to build aquaculture facilities and to develop the blockchain and its application.
Coins will be distributed to participants within 30 days after ICO.
The currencies accepted for buying Cannacor Coins are Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP).
Track and Trace Feature
the stage is safe, direct, unquestioned and unchanging. Blockchain provides the most extreme directness in a decentralized information chronicle and guarantees records.
CannaCbis cycle management
materiaveyance. Our intention is to measure and discuss the nature of our goods, the generation and blockchain results and applications that will be used to facilitate the exercises needed to connect thorns, make goods, understand quality, bundles for transportation and calendars for transportation convenience.
Marijuana Supply Chain Management
Chain of stores, payment boards from all streams, CannaCor - starting from the right to collect seeds to send the last item to the buyer. To achieve this assignment, CannaCor will create a system of procedures that moves goods from raw material providers to the institutions that manage clients.
Administration and Compliance Management
The controller takes point-by-point data regarding the issue of cannabis drug cultivation: from where the item was received, the effect after the test has been carried out, the amount that has been made, and the dispersion. Our intention is the approval procedure to filter all data through the store network and provide consistency with all agreements
Cannacor's Cultivation Office
Cannacor's goal is to develop its own aquaponics and generation office for medicinal cannabis at the organization's location in Lesotho. This will empower organizations to meet the growing needs in world markets with scarce restrictions and become an accepted provider of world markets that do not have or reach generational limits.
The aim is to build an office where institutionalized, uniform and predictable goods can be developed, without the use of pesticides, so that the substance of the dynamic binder is equivalent for every installation installed and made. Progress in the development site to become a total office for development and demand for therapeutic cannabis is required to begin at the end of 2019.
The Aquaponics development office will be established to develop cannabis and produce goods, for example,
Tetrahydrocannabinol (THC)
Cannabidiol (CBD)
Cannabinoids (CBN)
Tetrahydrocannabinol (THCA) acid in different qualities and mixtures
Production network management
CannaCor will create a system of procedures that requires goods from raw material providers to organizations that need clients. Three significant steps in the production network blockchain procedure are as follows:
Decentralized information notes
Blockchain innovation provides the most extreme candor in a decentralized information chronicle. This ensures that the production network record is safe, easy, secure and unchanging.
Bundling
By coordinating blockchain innovations into bundling, the CannaCor group and its members (retailers, retailers, etc.) will have the option to get genuine genuine development of cannabis stock on the individual shipping premise. At the point of compilation of an item collected, no information must be collected.
QR code checking
The organization will use the following conversations that can talk with cell phones now, make use of this work as a basis, make and buy are the same.
TOKENOMICS
CannaCor Coins are ERC20 coins made on Ethereum Blockchain. CannaCor decided to use Ethereum because it was already adopted by the masses and allowed CannaCor coins to participate in mainstream activities. Ethereum is a fast, decentralized, and unchanging blockchain. CannaCor will strive to achieve mass adoption in the medical cannabis sector by offering solutions that address problems related to cross-border transactions. We aim to offer solutions because of the lack of banking services and payments for legal cannabis businesses.
COIN DETAILS
CannaCor Coins are ERC20 which is based on Ethereum Blockchain. ERC20 is the official protocol for proposing improvements to the Ethereum (ETH) network and can be understood as a standard for coins made on the Ethereum blockchain. The ERC20 coin standard makes it easy to exchange one ERC20 coin with another, and to integrate various ERC20 coins into platforms such as wallets and blockchain exchanges, and others.
Token Info
Ticker: CANO
Platform: Ethereum
Token Type: ERC-20
Finance
Pre-sale Price: 1 CANO = 0.06 USD
IEO Price: 1 CANO = 0.12 USD
Receives: ETH, BTC, XRP
Soft cover: 1,500,000 USD
Hard cover: 112,300,000 USD
Coin Allocation
78%: Coin Sales
07%: CannaCor Team 07%: Blockchain team Corp
05%: Strategic Partnership
03%: Distribution of Bounty & Airdrop Funds
30%: Planting
30%: Technology & Core
08%: Marketing & Business
05%: Admin
12%: Liquidity at the Exchange
05%: Legal
05%: Exchange Rate Registration Fee
05%: Commission & Fees
Cannacor Team
Hugo: CEO
Pieter-Jan: CFO
Pieter: Director of Operations
Tobie: Legal Counsel
Refiloe: HR
Jan: Technical Advisor
Seabata: Security
Frik: Master Grower
Blockchain Corp Team
Gerhard: Founder
Logan: Software Engineer
Ankur: Technical Advisor
Latha: Technical Advisor
Willie: Cultivation Counselor
Sergey: Blockchain and Software Advisor
Adeniji: Counselor
Deepanshu: Counselor
Peter Cris Nabida: Counselor
CannaCor and Blockchain Corp Official Links:
Website: https://cannacor.io/
Whitepaper: https://cannacor.io/assets/Cannacor-Whitepaper.pdf
Investor Dashboard: https://ico.cannacor.io/register
Telegram: https://t.me/cannacor_BBC
LinkedIn: https://www.linkedin.com/company/canna-cor-pty-ltd
Twitter: https://twitter.com/canna_cor
Facebook: https://www.facebook.com/cannacor
Reddit: https://www.reddit.com/user/Cannacor
Medium: https://medium.com/@CannaCor
Author: Sesepuh
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2102092
MyEtherWallet: 0xE6918D7ec07F35bdc579034692aAC61881Aff3D8