EVIO and Chroma Signet will partner to offer their customers blockchain verification services for cannabis, hemp, CBD, and related products.
Chroma Signet has developed a platform that "allows cannabis and hemp companies to safeguard their products with fast, reliable product authentication and associated labels," Marcus Estes, CEO of Chroma Signet, says.
EVIO will provide verification services and assist its customers with joining Chroma Signet's Decentralized Autonomous Organization (DAO). This DAO will serve its members by helping them acquire a special form of a non-fungible token (NFT) that represents a namespace that will allow customers to easily verify the origin of cryptographic signatures attached to cannabis products throughout the cannabis supply chain.
Lori Glauser, CEO of EVIO, says: "For years, the cannabis and hemp/CBD industry has been challenged with product authentication. Improper tracing of genetics, arbitrary assignment of strain names, and counterfeit test results cause both commercial and safety concerns. The EVIO-Chroma Signet partnership will help solve these problems. This marks EVIO's first step towards its broader plan to enter into the blockchain space."
For more information:
EVIO Labs
www.eviolabs.com
info@eviolabs.com
Chroma Signet
www.chromasignet.com