Post by
ConnectTheDot1 on Sep 08, 2018 4:13pm
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.
Comment by
PriceIsRight on Sep 09, 2018 9:38am
look's lik an old article - when was published that one
Comment by
ConnectTheDot1 on Sep 09, 2018 5:05pm
Around the end of June! But the idea is to understand what DNAX does!!!