Hemp: Sharing the ecological benefits of Web3.0 industrial hemp with global users track advantage

HempGlobal
3 min readApr 30, 2023

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Currently, industrial hemp is receiving widespread attention around the world. On December 20, 2018, former U.S. President Trump approved the Agricultural Improvement Act of 2018, effectively marking a major change in federal cannabis policy. The positive impact of this bill shows that the hemp industry has a bright future, and it can be expected that industrial hemp will directly affect a series of industrial sectors, including textile manufacturing, construction (hemp concrete) and paper, food and health industries, and many more. In the future, the global market of industrial hemp is vast and has great development prospects. Hemp is firmly grasping the opportunities of the times for the development of industrial hemp, and with the support of blockchain technology, it has created a brand-new industrial hemp industry chain base.

Technical advantages

Hemp grasps many pain points in the development of the traditional industrial hemp industry, establishes a traceability mechanism through blockchain technology, realizes industrial hemp production information and anti-counterfeiting information on the chain, and records and stores industrial hemp information through the blockchain to ensure the authenticity and security of information Sex, so that the industrial hemp industry burst new energy. In addition, Hemp will promote the transparency, standardization and standardization of many subjects such as upstream breeding and planting, midstream processing and extraction, and downstream retail consumption, reduce the cost in the supply chain, improve circulation efficiency and ensure product quality, and realize the whole process of data on the chain, to achieve Open and transparent operation and management objectives increase the security of industrial hemp industry development.

Benefits

Hemp deploys the industrial hemp industry offline, deploys data asset transactions online, and realizes offline connectivity through HEMP tokens, so that global users can enjoy both online and offline benefits. In the online Hemp quantitative strategy wealth management wallet, users can put digital currencies such as USDT in their hands into the Hemp platform, and use AI quantitative robots to make quantitative investments and directly obtain investment income. They can also exchange digital currencies into offline Hemp industrial hemp The base’s ecological token HEMP, becoming a base investor, can enjoy the base’s quarterly income dividends, or use the tokens for offline base consumption, and purchase industrial hemp through the first channel.

ecosystem

The Hemp ecology is based on the industrial hemp supply chain, and incorporates all the modules of Hemp into the Hemp ecosystem, including the upstream industrial hemp experimental cultivation station and industrial hemp planting workstation, the midstream industrial hemp processing plant, the downstream derivative application and retail, and the Metaverse Modules such as farms and online investment and wealth management are connected through the token economy, and interact based on smart contracts, industrial big data, and consensus algorithms, and finally form an organic, unified, and efficient operating system.

In the Hemp ecosystem, each node is not independent of each other, but a commercial whole that is interrelated and organically connected. Among them, the upstream breeding and planting link is the operation basis of Hemp ecology. It uses smart contracts to control production, and realizes intelligent production with growth cycle compliance reporting, data collection and transmission as its main functions. As a supplementary module of the offline planting base, the Metaverse Industrial Hemp Farm allows users to participate in the planting and processing of industrial hemp with a new way of playing, providing a new Web3.0 immersive consumption experience. The midstream industrial hemp processing and extraction link is an important hub to connect the entire system. It can realize interconnection with upstream planting and downstream applications. It will use blockchain technology to connect various modules of the Hemp ecology. The online investment and wealth management module is a key channel for the Hemp ecology and global users to obtain income. The Hemp ecology will use the income from the base as the basis for the wealth management income of the Hemp wallet. In addition to the user’s investment, quantitative investment will be made to share the ecological benefits with global users.

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