Blockchain Technology – MJ Shareholders https://mjshareholders.com The Ultimate Marijuana Business Directory Wed, 22 Apr 2020 12:33:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 CFN Enterprises (OTCQB: CNFN) Names BlockChain Pioneer Tim Vasko to Board of Advisors https://mjshareholders.com/cfn-enterprises-otcqb-cnfn-names-blockchain-pioneer-tim-vasko-to-board-of-advisors/ Wed, 22 Apr 2020 12:33:59 +0000 https://www.cannabisfn.com/?p=2770588

Ryan Allway

April 22nd, 2020

App, Exclusive, News, Top News


CFN Enterprises welcomes technology leader Tim Vasko to CFN Enterprises Advisory Board to bring his vision and expertise to support CFN’s scaling and expansion into new markets utilizing patented blockchain technologies. 

Santa Monica, CA and VANCOUVER, CANADA — April  21, 2020 — CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the global CBD and legal Cannabis industry’s leading digital agency and media network, today announced the appointment of Tim Vasko to the newly formed CFN Advisory Board.

“We are pleased to welcome Tim Vasko, the Founder and CEO of BlockCerts Blockchain, to the Board of Advisors of CFN Enterprises. Tim is a cloud and blockchain pioneer, creating companies that have processed billions of transactions, proprietary tracking applications and a patent providing secure virtual spaces,” said Brian Ross, Chairman and CEO of CFN Enterprises Inc. “As we expand our company into new digital markets, Tim will provide valuable vision and leadership on our future platform and go-to-market strategies.”

Tim Vasko is the Founder & CEO of BlockCerts Blockchain, a leading blockchain technology and application platform based in Vancouver, B.C. BlockCerts Blockchain provides businesses secure virtual space digital technology to virtualize -decentralize – mobilize business securely. Through over 1.8M development hours, BlockCerts created a leading blockchain solutions platform, providing an on-ramp for businesses to access the blockchain creating Trust, Truth and Transparency through patented secure virtual space technology.

Vasko is a thought-leader in the blockchain market, which Gartner predicts will reach $3.1 trillion by 2030. Grand View Research expects the market to grow at a CAGR of 69.4% from 2019 to 2025, saying that,  “blockchain technology is one of the most promising upcoming technological trends in the information technology domain”.

“I look forward to spearheading the Advisory Board and collaborating with the team at CFN Enterprises to advance our combined vision for the industry, at scale. Blockchain technology will provide new opportunities to CFN’s immediate horizon for future revenue streams and market leadership. Our companies share synergistic paths, which make this a beneficial relationship for each of us for growth,” said Tim Vasko. 

BlockCert’s SeedCERTin platform provides the legal Cannabis and CBD industry’s first fully integrated smart seed-to-sale, compliance, transaction processing solution, solving  many industry challenges.

Mr. Vasko was selected to the Forbes Technology Council in 2019 and provides thought leadership through expert panels and published articles. In a recent Forbes article, he provides a view into his thought leadership and vision: “Our Data DNA: Inside the Black Box of Big Profits, Privacy, Fines and Freedom”.

Mr. Vasko founded Finaeos, the Fintech Platform of Platforms along-side prior companies that have processed billions of transactions in the Fintech, eHealth and Real Estate Markets. Tim is an entrepreneur, speaker, author and was a Professor of business technology, finance and entrepreneurship leading his early research Open Structure Organization and Venture Analysis Standards for combining global entrepreneurship, finance & information technology. Vasko is the inventor of the patented secure virtual space technology. Tim holds multiple certifications from MIT and is Oxford University blockchain certified. 

He is also a Member of the Canadian Technology Accelerators Government of Canada and National Research Council Canada. His BlockCerts Blockchain company was selected as 1 of 4 companies sponsored for 2019-2020 by the Canadian Trade Ministry across the globe and leading to numerous opportunities. 

CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media, the premier agency and digital media network reaching and educating investors, executives, entrepreneurs and consumers active and interested in the global cannabis and CBD industries. Through its proprietary content and video platform with distribution via the CannabisFN media network, CFN Media enables many of the world’s leading cannabis companies and CBD brands to develop specific audiences to thrive. 

Contact: Shareholder Services [email protected]  

833-420-CNFN

Tim Vasko Tim Vasko is a public speaker, professor, inventor, writer, technology leader, member of the Forbes Technology Council, holding certificates from MIT and is Oxford University Blockchain Certified. Tim is the Founder & CEO of Finaeos, the Fintech Platform and BlockCerts Blockchain, a leader in the Blockchain marketplace. Through over 1.8M development hours, BlockCerts created a leading blockchain solutions platform, providing an on-ramp for businesses to access the blockchain creating Trust, Truth and transparency through Vasko’s patented secure virtual space technology.

Contact: Tim Vasko https://timvasko.com/contact

877.621.4CMN

FORWARD-LOOKING STATEMENT

Use of Forward-looking Statements

This press release may contain forward-looking statements from CFN Enterprises Inc. within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. For example, when CFN Enterprises Inc. describes the benefits of the appointment of Tim Vasko to its Advisory Board, describes its plan to expand into new digital markets, describes the projected size and growth of the blockchain marketplace, and uses other statements containing the words “believes,” “anticipates,” “plans,” “expects,” “will” and similar expressions, CFN Enterprises Inc. is using forward-looking statements. These forward-looking statements are based on the current expectations of the management of CFN Enterprises Inc. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: regulatory and licensing risks; changes in general economic, business and political conditions, including changes in the financial markets; the regulatory landscape and enforcement related to cannabis, including political risks and risks relating to regulatory change; changes in applicable laws; compliance with extensive government regulation; public opinion and perception of the cannabis industry; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; or, loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of CFN Enterprises Inc. to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, CFN Enterprises Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting CFN Enterprises Inc., reference is made to CFN Enterprises Inc.’s reports filed from time to time with the Securities and Exchange Commission.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


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Blockchain Technology News: Secret Sectors Are Welcoming Innovation With Open Arms https://mjshareholders.com/blockchain-technology-news-secret-sectors-are-welcoming-innovation-with-open-arms/ Fri, 07 Jun 2019 06:47:13 +0000 https://marijuanastocks.com/?p=35815

It’s been hard for some people to understand what blockchain technology is and how bitcoin and blockchain are not “samsies“. Still, though, industries of scale are playing on this naivete…well all but some.  The industries that have begun to truly harness the power of blockchain are actually being found in the unlikeliest of places: Cannabis. […]

The post Blockchain Technology News: Secret Sectors Are Welcoming Innovation With Open Arms appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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It’s been hard for some people to understand what blockchain technology is and how bitcoin and blockchain are not “samsies“. Still, though, industries of scale are playing on this naivete…well all but some.  The industries that have begun to truly harness the power of blockchain are actually being found in the unlikeliest of places: Cannabis.

While the focus of late has been on FDA oversight of CBD, the real story could really be found with new technologies and how they could quickly “change the game” for this hot sector.

Which Companies Have Welcomed Blockchain With Open Arms?

Leafbuyer Technologies, Inc. (LBUY) announced that it launched Phase One of its multiphase blockchain initiatives on December 20, 2018. This first phase integrates with the Company’s loyalty platform, Leafbuyer Loyalty. This launch creates a bridge for cannabis consumers to eventually complete monetary transactions electronically with dispensaries and product companies.

Now, within the Leafbuyer Loyalty application, consumers can choose to create their own blockchain wallet, called the Leafbuyer Wallet. Immediately, when a consumer creates a Leafbuyer Wallet account at a participating dispensary, a link is sent through SMS to their mobile device. Through this link, the consumer can view their account, track all transaction history, and see their loyalty points. Leafbuyer Wallet consumers can visit their account at any time through their smartphone without needing to be onsite at a participating dispensary.

“This first step in our blockchain initiative lays the groundwork for Leafbuyer to utilize blockchain and cryptocurrencies in our business plans,” said Leafbuyer CTO Michael Goerner.

Blockchain allows for a digitized, decentralized, secure environment in which transactions are made and information is stored in a verifiable, permanent way. This leading, anti-fraud technology supports Leafbuyer’s initiative to provide transparency with its customers and consumers.

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“The sky is the limit with blockchain,” said Leafbuyer CEO Kurt Rossner. “The technology will help shape the cannabis industry and open doors to new revenue possibilities for Leafbuyer. We want to offer the highest level of transparency with customers, and blockchain will help us accomplish this goal.”

Leafbuyer garners revenue from the sales of its sophisticated marketing technology platforms, which drive cannabis consumers to dispensaries and product companies. The solutions include texting/loyalty, mobile application-based order ahead, blockchain, and access to millions of cannabis consumers through the Leafbuyer.com website and its network partners.

One Of The Biggest Deals Yet For This Marijuana Stock?

Leafbuyer Technologies Inc. (LBUY) announced that it had formally signed a letter of intent to acquire a majority stake in a Las Vegas-based trade show operation, CBD.io. This isn’t just any trade show operation, CBD.io operates one of the largest and most visible expos in the CBD industry according to Leafbuyer (LBUY).

How Big Is CBD.io?

Let’s look at last year’s event: With over 270 vendors and a slew of amazing features, CBD.io attracted buyers from all over the world including several big-box retailers like Costco, Walmart, and GNC!

In fact, according to CBD.io, it even had Netflix come out to get content for their upcoming documentary.

This year they’ve expanded the show to the prime location in South Hall 1 at the Las Vegas Convention Center. With an expected 400 brands, labs, and many other features, this next event could be another blockbuster according to CBD.io.

What Could This Mean For Leafbuyer (LBUY)?

For those just pulling up this company for the first time, Leafbuyer Technologies (LBUY) is no stranger to setting and breaking its own records. Just recently the company announced its quarterly sales increased 70% in the quarter ending March 31, 2019. Not only this but Leafbuyer’s 70% year-over-year growth rate is more than double the industry’s national average of 26.7%, according to Arcview Market Research and BDS Analytics.

That’s just the beginning, though. This record-setting quarter comes right on the heels of Leafbuyer’s (LBUY) record-setting quarter, previous! The company reported that its quarterly sales rose 68% in the quarter ending December 31, 2018. The increase reflects the revenue booked in the quarter versus the same quarter of the previous year. The company also booked a 67% quarterly sales increase in the quarter ending September 30, 2018.

So just to summarize the above, compared to its previous quarters in the years prior, Leafbuyer recorded new revenue milestones. This having been said, Here’s Where This Latest Deal Could Really Come Into Play:

Leafbuyer + CBD.io Combination to Double Company’s Current Revenue Run Rate

In the company’s own words – even after reporting consecutive revenue milestones quarter after quarter – Leafbuyer’s latest deal could end up “Doubling its current Revenue.”

Kurt Rossner, CEO of Leafbuyer said directly, “Last year, CBD.io sold nearly 200 booths, this year we will cross-sell our platform of over 400 clients and look to double that.”

Leafbuyer Technologies Inc. (OTC: LBUY) has not only been called a “game-changer” by NBC but has also been referred to as the “The Priceline of Pot” by TheStreet.com. Priceline provides the best deals on travel. Similarly, Leafbuyer Technologies Inc. (OTC: LBUY) is the most comprehensive online source for cannabis deals and specials. The website, Leafbuyer.com, is helping to connect millions of consumers daily.

The company has also been building key relationships for the better part of the last 5 months:

Feb 12, 2019: Leafbuyer Technologies, Inc. (LBUY) Rapidly Expands to the Oklahoma Medical Cannabis Market

Feb 27, 2019: Leafbuyer Technologies, Inc. (LBUY) Signs 50 Oklahoma Dispensary Clients Within Six Weeks

Mar 21, 2019: Leafbuyer Technologies, Inc. (LBUY) Announces Greenlight Platform Users Reach Nearly 80,000

Mar 27, 2019: Leafbuyer Technologies, Inc. (LBUY) Partners with Oklahoma Gazette

Apr 18, 2019: Leafbuyer Technologies, Inc. (LBUY) Launches West Coast Regional Office

Jun 5, 2019: Leafbuyer Technologies Announces Letter of Intent to Acquire Leading CBD Trade Show

Rapid Market Expansion

The cannabis industry is exploding, in case you haven’t noticed. Forbes predicts North American marijuana sales could surpass an astonishing $20 Billion by 2021. That is a yearly combined growth rate of 25%. Is 25% a lot? Put it this way, the growth rate of the dot-com era was 22%.

Leafbuyer Technologies Inc. (OTC: LBUY) is pushing and focusing on growth with entries into new markets to offer local deals to more and more American cannabis users. It’s a simple numbers game folks, whoever has the most users will dominate the space. And like we stated earlier, Leafbuyer is currently the largest cannabis deal website in the United States with over 10 million monthly users and counting. Now it’s about time you got out your pen and added Leafbuyer Technologies Inc. (OTC: LBUY) to the top of your shopping list.

blockchain technology stock news
Disclaimer: Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Leafbuyer Technologies Inc., Midam is being paid $50,000 for a period of 30 days beginning November 1, 2018, and ending November 30, 2018. Midam has been paid an additional $50,000 and 40,000 common restricted shares of Leafbuyer Technologies, Inc. extending the contract another 30 days ending December 31, 2018. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to January 31, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to March 1, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to April 1, 2019. Midam has been compensated an additional $100,000 by Leafbuyer Technologies for a period of coverage from April 12, 2019 to June 12, 2019. We owned 77,000 shares of Leafbuyer Technologies. We may buy or sell additional shares of (LBUY) in the open market at any time (as of 3/29/2019) Midam Ventures no longer owns 77,000 shares of LBUY), including before, during or after the Website and Information, to provide public dissemination of favorable Information about Leafbuyer Technologies Inc. Please Click Here to Read Our Full Disclosure.
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Blockchain Technology Offers a Solution to Cannabis Quality Control https://mjshareholders.com/blockchain-technology-offers-a-solution-to-cannabis-quality-control/ Fri, 14 Dec 2018 14:13:14 +0000 http://www.cannabisfn.com/?p=2070300

Ryan Allway

December 14th, 2018

Exclusive, News, Top News


The Canadian cannabis industry is projected to reach C$22.6 billion over the coming years, according to Deloitte, following the legalization of adult-use cannabis earlier this year. While early sales have been brisk, the industry faces key challenges with safety and quality control. Many consumers still receive the wrong strains, while companies continue to struggle to meet regulatory standards and complete the associated paperwork.

BLOCKStrain Technology Corp. (TSX-V: DNAX) (OTC: BKKSF) offers a solution to both of these problems by harnessing the power of blockchain technology. With a pilot program already in place with a licensed producer, the company’s platform is poised to provide genome-to-sale reassurances to breeders, cultivators, stores, and consumers that they’re receiving what they ordered.

Quality Control Issues Persist

The cannabis industry has long struggled with quality control issues. Since Canada’s MMPR was introduced in 2013, there have been a number of recalls and sanctions on licensed producers for tainted and/or mislabeled products. Mandatory testing standards have been implemented across the country, but many medical cannabis patients still complain about receiving the wrong strain and experiencing unexpected effects.

Many medical and recreational consumers seek out specific cannabis strains, but it can be hard to differentiate a pure-bred from a mutt. In fact, some research shows that upwards of one-third of cannabis strains don’t match their advertised genetics. Many hybrid strains sold under the same name by multiple growers are also different from a genetic standpoint, which can make it nearly impossible for consumers to know what they consume.

In the United States, the lack of federal regulations means that safety and labeling concerns are even greater. Many private growers use chemicals, like rodenticide, to protect their crops, which ends up killing nearby wildlife and could make its way into consumers. Some states have introduced their own regulations, but critics point out that the higher tax rates in these areas encourage consumers to go back to the black market.

As with the Canadian market, the U.S. FDA has consistently warned CBD makers and their consumers of inaccurate labeling. Several products labeled as CBD supplements didn’t contain any CBD at all, while others did not contain the levels that they claimed to contain. These problems are likely carrying over into the wider cannabis market, especially in states where there is little in the way of testing regulations.

BLOCKStrain Offers a Solution

Bitcoin’s dramatic rise and fall popularized the concept of a blockchain, but there’s much more to the technology than cryptocurrencies. Using its immutable ledger, BLOCKStrain Technology Corp. empowers breeders to genetically test and register their strains in a DNA database and license those strains to cultivators. Cultivators can turn around and prove the authenticity of the strain and the lack of contaminants to consumers.

On October 24, BLOCKStrain and WeedMD Inc. (TSX-V: WMD), a licensed producer and distributor of medical cannabis, announced the launch of BLOCKStrain’s blockchain-powered proprietary genome tracking software following the collection and registration of an initial batch of 40 proprietary cannabis DNA samples. The move makes WeedMD the first LP that can stand behind its products in a way that’s transparent and verifiable.

“There are so many reasons why you want to identify the precise nature of the plant you’re dealing with, such as ensuring consistency for medical reasons, but also because in recreational cannabis a lot of people know what they like, and they want to make sure they’re getting that same experience every time,” said Dr. Gina Conte, a PHD in plant genetics and co-founder of testing and research lab Lighthouse Genomics in British Columbia.

She says a combination of a genetic record and the blockchain verification technology developed by Blockstrain is critical to the future of the cannabis industry. “It’s like going to the wine store and buying a high-end Pinot Noir, and then you find out later it’s a cheap Merlot. I think by adopting Blockstrain and genetic testing, WeedMD is setting the stage for a level of Quality Assurance that the cannabis industry needs to have. They are an industry leading example that the rest of the industry will both need and want to follow.”

The launch could yield a valuable proof-of-concept and model for other similar arrangements with licensed producers or other cultivators around the world. In addition, the WeedMD program launch marks the start of tangible revenue and an initial look at the compelling economics of its business model. Investors could see additional LP agreements come online in the near future as the pilot program gains steam.

Looking Ahead

BLOCKStrain Technology Corp. (TSX-V: DNAX) (OTC: BKKSF) represents a compelling investment opportunity that leverages the power of blockchain technology to solve a key problem facing the cannabis industry. With a pilot program launched earlier this month with a leading licensed producer, investors may want to keep an eye on the stock for additional agreements down the road as the company proves out its business model.

For more information, visit the company’s website or download their investor presentation.

Disclaimer

The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


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