The current approach is a logistical “nightmare" for cities, the state and legal marijuana businesses, says the group. Paying taxes in cryptocurrencies like bitcoin could be a solution.
With its analytical capabilities, Neutrino will help Coinbase add new features and tokens to the platform, while ensuring "compliance with local laws and regulations."
Recently, the CEO of Ohio-based nonprofit JumpStart Inc. announced that his company, along with six others, would invest vast sums of money into Ohio’s blockchain startups.
Now that Po.et is operating on the Bitcoin mainnet, creators can start timestamping their content directly onto the Bitcoin blockchain and claiming intellectual property for their work, which is stored on IPFS.
The blockchain, which Honeysuckle White developed using Hyperledger’s Sawtooth platform, is intended to establish a “proven and trusted environment to build a transparent food chain."