04 Jan DASH Sponsors CannMed 2018
We are DASHing into 2018.
DASH is one of the largest cryptocurrencies in the world, and it also has a self-governing and self-funding model. According to the DASH website, everyone in the DASH community has a voice and the ability to propose projects that help Dash grow and improve. Proposals are voted on by the DASH masternodes, and approved projects are paid out in DASH.
Medicinal Genomics submitted a proposal to have DASH sponsor CannMed 2018 and fund improvements to the StrainSEEK® Strain Identification and Registration Service and Kannapedia.net. Within weeks of submitting our proposal, it was approved by the community and we received our first DASH payment on January 2. View the proposal
“I’m somewhat shaken by the speed at which [the DASH Budget System] operates and how impactful this can be to scientific research,” said Medicinal Genomics CSO Kevin McKernan in a video update. View the video
What does this mean for CannMed 2018?
DASH is now a Partner Level Sponsor in the CannMed 2018 Conference. This partnership will be beneficial to both parties. DASH will get top billing amongst the Sponsors, have a large footprint in the 19,000 square-foot exhibit hall, have access to private meeting rooms at the conference center, and much more. Learn more about CannMed Sponsorship Opportunities
CannMed 2018 will benefit from having DASH involved with the conference as it will allow us to attract leaders in the cryptocurrency space to present on inevitable intersection of the cannabis and cryptocurrency industries. Medicinal Genomics is a strong proponent of cryptocurrency technology, and we believe it can be used to solve many of the industry’s problems.
Which brings us to the other portion of the proposal. Part of the funds we are receiving from DASH will be allocated to improving our StrainSEEK Service and updating the UI on Kannapeida.net. The first improvement will be storing the genetic information generated from the StrainSEEK service on the DASH blockchain, instead of the Bitcoin Blockchain. DASH’s platform allows for much faster transactions that are also less expensive.
Our hope is that this partnership with DASH will continue to grow to a point where we can realize the vision laid out in our Blockchained Cannabis DNA white paper and create a transparent cannabis supply chain that cultivators, dispensaries, regulators, and consumers can trust.