CRYPTOCURRENCY AND LEGALIZED MARIJUANA
April 16, 2019 | (4.00PM)
USA (United States of America)
Confused about the Blockchain, Crypto Currency and Initial Coin Offerings are and what their application to legalized marijuana is? The "Blockchain" is an immutable, decentralized ledger. Think of it as global, apend-only database in which each block incorporates prior block's content and authenticates, processes and tracks transactions. Because blockchain transactions are cryptographically entered, entries are protected from tampering or manipulation. Crypto Currency is a "store of value" and "method of value exchange" often referred to as digital currencies, that is exchanged and tracked over a blockchain. Instead of storing value in legal tender, Crypto Currency's "currency" takes the form of "digital tokens" which are a string of numbers on a block chain likeprepaid gift card.