ABOUT CANNACOR
BASIC REVIEW INTRODUCTION
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Blockchain technology provides the utmost transparency in the decentralized recording of data. It ensures the supply chain record is secure, transparent, verifiable and immutable.
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 of CannaCor
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 of CannaCor
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 of CannaCor
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 CANNACOR 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).
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 INFORMATION
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 Sale
- 07%: CannaCor Team
- 07%: Blockchain Corp Team
- 05%: Strategic Partnerships
- 03%: Bounty & Airdrop
FUND DISTRIBUTION
- 30%: Cultivation
- 30%: Technology & Core
- 08%: Marketing & Business
- 05%: Admin
- 12%: Liquidity on Exchanges
- 05%: Legal
- 05%: Exchange Listing Fee
- 05%: Commissions & Fees
Cannacor Team
OFFICIAL LINKS
Whitepaper: https://cannacor.io/assets/cannacor_whitepaper.pdf
Facebook: https://www.facebook.com/cannacor/
Twitter: https://twitter.com/canna_cor
Medium: https://medium.com/@CannaCor
AUTHOR: Minx_ac
https://bitcointalk.org/index.php?action=profile;u=2710875
ETH: 0x0710a9D2aCE2a1B6cc4f52DDfe632e140fB284E7