Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

TruTrace Technologies Inc. C.TTT

Alternate Symbol(s):  TTTSF

TruTrace Technologies Inc is a full-service software company that operates an integrated blockchain platform which registers and tracks cannabis intellectual property from genome to sale. It also monitors the process of genetic and quality-control testing for legal cannabis.


CSE:TTT - Post by User

Post by ConnectTheDot1on Sep 08, 2018 4:13pm
40 Views
Post# 28585055

Another article worth to read!

Another article worth to read!
Another interesting article on how BlockStrain could revolve legal issues and its potential in other industries...and its fees structure: https://www.baystreet.ca/amp/articles/stockstowatch.aspx?articleid=39347 How they charge: "...its revenue model is built largely on volume and incremental usage. The way it works is every user of the system will pay reasonable fees based on what parts of the blockchain they want to access, or which of its features they want to implement. These include craft growers who want IP protection, individuals who want to make sure the product theyre buying is pesticide free, dispensaries that want to track where a product is in the testing cycle, and government agencies that want to verify the completion of tests. We base our fees on transaction volume, Galarza said. So instead of paying thousands of dollars a month for no reason, we create reasonable maintenance fees and then for each and every product you want to see tracked, we would tag that cost into the system. We want to grow with the customer so there wont be burdensome up-front fees, he explained. (Its) a revenue model thats strong and is built on volume. We grow as the industry grows In an industry where one strain can be worth millions of dollars, the potential earnings for a company that protects these strains could stand to earn big. And as a technology company we can scale as global markets open up, he said. Its a system that we aim to integrate worldwide.
<< Previous
Bullboard Posts
Next >>