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TruTrace Technologies Inc C.TTT

Alternate Symbol(s):  TTTSF

TruTrace Technologies Inc. is a Canada-based cloud-based blockchain software company that connects quality control and inventory management. The Company’s TruTrace software provides easy-to-use food, pharma, product, cosmetics and agro science solutions. It also provides easy-to-use lab testing solutions. The Company’s StrainSecure is cloud-based blockchain software that connects quality control and inventory testing.


CSE:TTT - Post by User

Comment by Crackers13on Sep 07, 2018 8:35am
47 Views
Post# 28577898

RE:RE:RE:RE:RE:RE:to remind everyone

RE:RE:RE:RE:RE:RE:to remind everyone
From documentation I have read, the governments primary focus is to track the the product to find out where it originated and ended up, helping to eliminate the black market and maximize tax dollars. Keeping tabs on it cannabis will tell them where/if the product went missing and they can work to determine how the black market circumvented the system. Every LP needs to submit a monthly report. I've said before, I believe the true value of Blockstrain is for LP adoption to protect intellectual property. LPs don't want to lose money from the sale of their own product type. And of course, they also don't want it stolen. There are other companies that can provide high level tracking. The governments true potential benefit with Blockstrain pertains to Health Canada. In order to provide responsible use, consumers need visibility into what they are consuming. Blockstrain provides that. Ultimately it all comes down to adoption of the technology. To be a Blockchain, the product information must be captured across all servers in the chain, which validates the information, and it becomes a block. From the interviews I have watched, the technology should be relatively easy to implement and operates in the background. Blockstrain currently provides growers with a starters kit.
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