Technicorum Holdings launches CanCoin token

Wednesday 14 July 2021 15:32 CET | News

Singapore-based digital assets advisory group Technicorum Holdings has announced the launch of the CanCoin Cannabis token. 

The token aims to solve monetisation and market frictions in the European cannabis market and to help develop blockchain solutions for the cannabis industry. The issuance of the coins will start on the 22 August 2021 and there will be a finite supply of 420 million coins.

The cannabis token plans to solve problems such as poor tracking in the supply chain, lack of transparency, patient distrust of surveillance systems and the reluctance of financial institutions to offer services to the European cannabis market. The token uses the blockchain to manage medical marijuana stocks and streamline payments. 

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Keywords: product launch, cryptocurrency, Token, blockchain
Categories: DeFi & Crypto & Web3
Countries: Singapore
This article is part of category

DeFi & Crypto & Web3