Vermont Turns to Home-Grown Blockchain Company to Track Hemp With Ethereum

Vermont Turns to Home-Grown Blockchain Company to Track Hemp With Ethereum

Coindesk reports…. Vermont regulators will track hemp production on the ethereum mainnet in partnership with cannabis supply chain blockchain startup Trace. The five-year deal, announced Monday by Vermont’s Agency of Agriculture, Food and Markets (VAAFM), is a production-ready solution for every level of the hemp trade, said Trace CEO Josh Decatur. Beginning in March, farmers and processors will begin putting all associated crop data into the Trace system, which runs on ethereum. It is one of the first times a state regulatory agency has decided to run with the ethereum mainnet, Decatur told CoinDesk in a phone call. The two-year-old company, based…

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Source : CANNANNEW REPORT
Link to original : Vermont Turns to Home-Grown Blockchain Company to Track Hemp With Ethereum
reposted by Cannabis News World

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