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Posted On: 01/31/2020 4:29:57 PM
Post# of 68
NetworkNewsBreaks – No Borders Inc. (NBDR) Leverages Blockchain Technology to Provide Security to Cannabis Industry
No Borders (OTC: NBDR) has developed a blockchain data-security platform called CBD Lab Chain that utilizes Ethereum blockchain technology to deliver supply-chain transparency. An article discussing the company reads, “No Borders is a multifaceted brand-development and marketing business using its new blockchain-technology platform, CBD LabChain, to protect consumers and securely inform them of the supply-chain safety of cannabidiol (‘CBD’) products, which are potentially susceptible to chemical taints, inordinate tetrahydrocannabinol (THC) drug levels and incorrect CBD quality claims. The technology is currently used to safeguard CBD products developed by another subsidiary, No Borders Naturals, but has since become a potential revenue stream through sales to outside CBD retailers (http://nnw.fm/JEFf5). . . . Blockchain uses a series of digital ‘blocks’ in sequence as electronic, signed receipts for every event that occurs in a transaction or chain of transactions involving a product. No Borders Labs’ CBD LabChain anticipates revenue from its technology through fees from companies dedicated to demonstrating the transparency of their product chain through lab test results that occur along the plant-to-product shelf route to the consumer.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
No Borders (OTC: NBDR) has developed a blockchain data-security platform called CBD Lab Chain that utilizes Ethereum blockchain technology to deliver supply-chain transparency. An article discussing the company reads, “No Borders is a multifaceted brand-development and marketing business using its new blockchain-technology platform, CBD LabChain, to protect consumers and securely inform them of the supply-chain safety of cannabidiol (‘CBD’) products, which are potentially susceptible to chemical taints, inordinate tetrahydrocannabinol (THC) drug levels and incorrect CBD quality claims. The technology is currently used to safeguard CBD products developed by another subsidiary, No Borders Naturals, but has since become a potential revenue stream through sales to outside CBD retailers (http://nnw.fm/JEFf5). . . . Blockchain uses a series of digital ‘blocks’ in sequence as electronic, signed receipts for every event that occurs in a transaction or chain of transactions involving a product. No Borders Labs’ CBD LabChain anticipates revenue from its technology through fees from companies dedicated to demonstrating the transparency of their product chain through lab test results that occur along the plant-to-product shelf route to the consumer.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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