Augusta HiTech Deploys the First Cannabis Seed-to-Sale Blockchain (Supply Chain) Solution Background Image

Augusta HiTech Deploys the First Cannabis Seed-to-Sale Blockchain (Supply Chain) Solution

Share on:
Published Thu January 4, 2018, 12:00 AM EST

Augusta HiTech has partnered with 420 Blockchain to build and develop the first cannabis seed-to-sale blockchain (supply chain) solution. In December, 2017, the beta was successfully deployed in the states of Maine and California. 420 Blockchain was built on Augusta’s framework and Google infrastructure. Augusta is driving data insights through Artificial Intelligence and has chosen to use Google Cloud Services. 420 Blockchain was developed by Augusta to provide a centralized and standardized foundation for the cannabis industry and comprehensive visibility across the entire transaction lifecycle. This includes seed-to-sale traceability, security, transparency, compliance, education, research, marketing, and payment solutions. State and Local governments will have access to the 420 Blockchain Hyperledger to audit all connecting entities for taxation and compliance while providing the government with the tools to ensure public safety. The open API Economy allows partners to participate in the creation and growth of industry standards. 420 Blockchain will be the largest public blockchain in the United States.

For more information on 420 Blockchain: 420blockchain.cloud

Previous Next

Read More

How to Create a Successful Startup With Blockchain

Sean Caputo • 5 min read

When 50 million users were affected by a hack last year, Facebook cemented its status as the face of big tech’s privacy problems. But the social media giant isn’t alone. Tech companies like Google, Amazon, and Uber are under similar scrutiny for their handling of user data, and the topic of infor...

Read

How Blockchain-Fueled Credentialing Could Change HR

Karthik Pichai • 5 min read

All employers want to be sure they get the applicants they see on résumés. The process of checking a candidate’s full credentials is tedious and time-consuming, however, and many hiring managers don’t have the time to screen every CV they see.

Read

The Future of Blockchain in the Cannabis Industry

Sean Caputo • 5 min read

Blockchain, on the other hand, enables reports to be uploaded directly to the chain by distributors and viewed by users. Some organizations even use blockchain to track cannabis and hemp transactions from the grower to the end user without ever touching the product.

Read

3 Ways Artificial Intelligence Can Empower Your Sales Team

Karthik Pichai • 4 min read

According to a Harvard Business Review study, it’s likely that 85% of customer interactions with businesses won’t involve humans on the other end by 2020. Thanks to mobile and the web, customer self-service is already commonplace in many industries. Thanks to the emergence of automation and artif...

Read