Paragon Coin - "REVOLUTIONIZING ALL THINGS CANNABIS WITH BLOCKCHAIN"
Paragon coin is a new crypto currency that aims to use smart contract blockchain technology to standardize the legalized marijuana industry.
The following is the whitepaper abstract
"The cannabis industry has traditionally been fragmented, untrustworthy, and illicit, but it is now moving towards greater legitimacy. New research shows powerful health benefits of cannabis and strong social movements are pushing for increased legalization. One way to improve the reputation of the industry is to modernize it, make it standardized, fully verifiable, and built on a system of trust between patients, doctors, growers, and suppliers. New blockchain technology / Distributed Ledger Technology(DLT) offers an ideal solution. Since blockchain holds an immutable ledger and assured contracts, it can easily accommodate the recording and storing of all product life cycle events, verify patient identification, assure payments, and more. Paragon seeks to create a crypto-token built on smart contracts on blockchain specifically for the worldwide cannabis community. Paragon is the first organization dedicated to leveraging smart contracts built on the blockchain to create and foster a community dedicated to the worldwide legalization and systematization of cannabis."
The cannabis industry has only been "untrustworthy, and illicit" because of the governments regulation. The market had to create ways to get around the government controlling it. Americans are starting to realize that not only can they not stop the sale and usage of marijuana by outlawing it, but that they shouldn't be in the first place. It does have medical benefits and the risk of harm from using marijuana is almost, if not, 0. The government, however wants nothing to do with legalizing marijuana but with projects like Paragon to provide a transparent network that can be used to ensure trust in the system I think it is becoming harder and harder for them to come up with excuses not to legalize.
With the Paragon network enabling the medical community to keep records on the blockchain to verify doctors certifications, prescriptions, and also dosing, I feel that the full legalization of marijuana is getting close!
Currently Paragon is having a 25% off pre-sale, more info can be found here.
Hi @justinschwalm
I stopped by to wish you well my friend :)
WOW - These blockchain offerings are numerous and some amazing ideas!
Thanks for sharing, I hope the humanitarian and personal sovereign efforts thrive and defeat the looming threats from the legacy system.
The emerging digital battlefield has many developers (Davids) facing the Colossus Beast (Goliath)?
PS:
How would you spot the scams?
How many will survive, let alone thrive as the regulations and legacy corps attempt to grab market share as they rollout their versions with gov & bank supported contracts?
Interesting market dynamics ahead.
In my opinion the best way to spot the scams in this new digital market, or "battlefield" (which it really is), is to see what they are offering to the users. If I see any new projects opening that don't make freedom a prime goal, I am not interested. Blockchain tech can be used for complete freedom, or complete enslavement. So if you are not on the freedom side, I am not interested. This could be features like decentralization, anonymous transactions, or like Paragon is doing, using their tech to free a market from government regulation. There are also projects that aim to introduce VPN services through the blockchain. Decentralized VPN services would be an amazing tool to avoid government control.
Now, how many will survive? Thaaat is a tough question. Projects like Ripple will be one of the ones that survives, but not for good reasons. That will be the bankers using our own weapon against us, hopefully it isn't fallen for. I think Bitcoin will survive and thrive as the peoples coin, at least that's what I hope for. But if not I don't see this idea of currency controlled by the people going away. Who will stand and who will fall? I can't say, but I am excited to see.
@justinschwalm
Bitcoin may have already lost the battle to the forces of evil, and I will keep your observations and suggestions close at hand. The engineering of the digital economy and so-called 4th industrial revolution is a fork in the road for freedom and life on earth imo.
The globalists' forces from the empire haven't even showed up yet with their tools of conquest (regulations, policies, taxation, armed forces, blockchain oligopolies, etc) remain alert and prepared...
As of November we should have Bitcoin as a legal currency in the US. I saw news about it last week that they are beginning to write legislation now. This could be seen as good and bad, but I think it shows that the government is taking an interest in what is going on. Also the IMF is beginning to utilize blockchain tech. So yes, we do need to stay vigilant.
@justinschwalm the source documents reveal that governments, central banks, and the uber influential supranational organizations have been and are pursuing plans for blockchain tech - it is more than merely "taking an interest" in bitcoin and blockchain tech. This is not new interest in, but rather new policies and regulatory enforcement reaching the public for the first time.
But thanks for mentioning the U.S. policy changes toward bitcoin, I did a quick search and think you may be referring to some Congressional interest in the compliant AML Bitcoin, the Daily Caller wrote: Congress Considering Validating Bitcoin?
As I was searching I ran across this: BitAML regulatory compliance experts I imagine that means these individuals study the U.S. Treasury Dept. FinCen regulations.
BitAML Headquarters
501 N. Main Street
Bloomington, IL 61701
Chicago
20 W. Kinzie St.
Chicago, IL 60610
If I may request, keep a keen watch on the Treasury Dept. FinCen and the central banks (esp. UK and CHINA) as enforcement and lucrative government/mega-corp contracts are to come.
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where can you buy paragon tokens?
Currently only on the website until the ico is finished. Link is near the bottom of the post.
thanks man