PR: BitCanna – Dutch Blockchain Startup Launching a Revolutionary Cannabis Platform

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. does not endorse nor support this product/service. is not responsible for or liable for any content, accuracy or quality within the press release.

Leading global cannabis brands are ready to go cashless and take advantage of all the opportunities offered by the BitCanna blockchain platform

AMSTERDAM, October 31, 2018 – With the current exponential growth of both the global cannabis industry and blockchain technology, there is a potential partnership that stands to benefit both. Within the cannabis industry, there is a growing demand for payment solutions, track & traceability of crops, and trust mechanisms. BitCanna is combining the best of all worlds, addressing each of these problems through the launch of its blockchain platform and associated cryptocurrency. Over the past year, a team of 20 dedicated specialists has worked in close collaboration with the cannabis industry on the development of the platform and its global expansion. A large and growing number of leading international brands have already confirmed their partnership, and on the first of November their ICO will open for interested investors.

Most banks and financial service providers still refuse to process cannabis transactions due to the large degree of regulatory uncertainty in the industry. Leading experts and entrepreneurs from both the financial and cannabis industries view this as a huge opportunity to build a global digital payment solution for cannabis retailers that can circumvent traditional financial institutions.

“Keeping up with constantly changing cannabis laws is very difficult. So banks, credit card companies, and online payment providers either refuse to get involved in cannabis, or they charge excessively high transaction fees,” according to Jan Scheele, CEO of BitCanna. “That puts companies who are selling cannabis products legally in a tricky situation — they have to figure out how to take their businesses cashless and sell online without breaking any laws. That’s where BitCanna will help.”

BitCanna is a global blockchain technology company that helps cannabis companies to go cashless securely, legally, and cost-effectively. The company claims to be able to process transactions using its BitCanna token almost instantaneously and for a fee of just a few cents. It will also let vendors manage their supply chains and record all customer identification data. It is an incremental technological breakthrough for the entire global industry.

“It doesn’t matter if it’s a $10 or $100 transaction. Our customers will pay a small flat fee,” says Scheele. “We’re introducing a payment system that will make it cost-effective and safe for all cannabis companies to accept digital payments — whether they’re selling online or in-store.”

It’s not just online retailers who can benefit from blockchain technology. Some brick and mortar cannabis retailers spend as much as 10-15% of their revenues on security and staff to upkeep a cash-only business. Providing these companies with payment processing technology can help them reduce security risks while complying with regulations.

Many industry experts believe that despite the growth we’ve seen over the past few years, the cannabis market is only just beginning to take shape. In the United States alone, the cannabis market is forecast to double from $22B in 2017 to $44B in 2020. And the global market is expected to reach $140B by 2027, according to European investment bank Bryan, Garnier & Co.

BitCanna is well-placed to benefit from this growing industry. The company will have direct integration with some of the largest online cannabis shops when it launches in Q3 2019. It will run pilots at brick and mortar locations in the cannabis capitals Amsterdam and Barcelona. BitCanna alone has already partnered with dozens of cannabis companies to create the BitCanna Alliance. Alliance members are active in 27 countries and attract a combined 10 million unique website visitors a month so far.

The company has ambitious plans to become the global digital payment solution for the cannabis industry. It will launch in Europe first and then quickly expand to the rest of the world.

About BitCanna

BitCanna is a decentralized payment network for the legal cannabis industry. The company was founded by Boy Ramsahai, a true cannabis industry veteran who founded an internationally successful cannabis media company in 1991. His Dutch-language magazines High Life and Soft Secrets are well known in the Netherlands. BitCanna has partnered with major brands in the European cannabis market to form the BitCanna Alliance. The Alliance is working to create a healthy and transparent cannabis market by securing and tracking digital transactions and implementing supply chain and customer management.

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Kenya’s Bithub Africa Mines Bitcoin Using Solar Power

Bithub Africa has started using off-grid solar power to mine bitcoin and ethereum. John Karanja, the founder and chief executive officer of the small Kenyan mining operation, hopes to spread the technology to the rest of the continent while exposing the lie that cryptocurrency mining poses a danger to the environment.

Also Read: U.K Government Moots Ban on Cryptocurrency Derivatives

Clean Cryptocurrency

“We are using solar energy in a similar manner to traditional power sources to test its reliability as a source for cryptocurrency mining,” Karanja told in an interview on Oct. 30. “We are still analyzing the data, but what we can already see is that the blockchain economy is certainly incentivizing innovation in the renewable energy industry globally.”

Kenya's Bithub Africa Mines Bitcoin Using Solar Power
John Karanja

Bithub Africa has laid out a series of interconnected cables and devices at its small mining facility in Nairobi. An inverter connects to a battery, which is patched through to a controller that is linked to a 200-watt solar panel. The PV module is fixed to the roof at an angle to maximize solar capture. “We are using a standard (solar) panel that generates enough to power a small network node that runs the blockchain software,” Karanja said.

In a separate demonstration video on Bitcoinke, a Kenyan news site, he explained the setup in more detail. “Essentially what we have here is that the nuc computing device is integrated to the controller to generate the tokens on the protocol,” he said.

Founded in 2015, Bithub.Africa is a commercial blockchain accelerator that is driving the adoption of blockchain technology and solutions across Africa. The company also focuses on building systems that facilitate access to financial services and energy through public blockchain projects and open protocols such as Bitcoin.

In addition to its solar-powered cryptocurrency mining operations, Bithub Africa also extracts litecoin and ripple using conventional sources of electricity, with only minimum air-conditioning needed to keep the mining rigs from overheating. Its payments unit is aided by two Bitcoin Lightining nodes, which are collectively capable of supporting three million transactions per second.

Unfounded Environmental Claims

Off-grid solar panels are already lighting up many homes in urban and rural areas across Africa. And now they are also creating new businesses in cryptocurrency mining, on a continent that boasts an excellent solar resource.

Kenya’s Bithub Africa Mines Bitcoin Using Solar Power


With bitcoin mining facing criticism from environmental activists for allegedly consuming too much electricity, new business models that utilize renewable energy to generate digital coins could help to neutralize such concerns, however untrue. Renewables are also generally cheaper than electricity derived from coal-fired power plants, which still dominate in Africa’s nascent bitcoin mining industry. They can ease concerns about the high cost of electricity and computing power.

Karanja is opposed to the hullabaloo. “Recently there has been a lot of angst focused on bitcoin mining being a major contributor to global warming due to its extrapolated energy use based on current trends,” he said via email. “We disagree that this is the case. In fact, we believe the converse; that it will spur innovation in sustainable energy solutions.”

One challenge that Bithub Africa could encounter with renewable power sources is the issue of intermittency. Solar power is dependent on reliable, sunny weather. When the sun is not shining, it can be bad for business, as the company’s cryptocurrency mining rigs have to run continually, non-stop. Some solar systems, however, can provide power in bad weather by using energy stored in batteries.

Kenya's Bithub Africa Mines Bitcoin Using Solar Power

Karanja believes that the jury is still out on the potential scalability of solar-powered cryptocurrency mining. That’s largely because the technology is in the early stages of development, he said.

“However, if you look at solutions that scale in Africa, they tend to be organized in a localized and peer-to-peer manner, as this is the main way societies are organized,” he said. “We plan to increase adoption by educating and resourcing skilled engineers who will test and deploy the solution across the continent.”

What do you think about using renewable energy to mine cryptocurrency? Let us know in the comments section below.

Images courtesy of Shutterstock.

Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from



美国东部时间10月30日下午,ChainDD在2018联合国全球企业社会责任峰会(Global Corporate Social Responsibility Summit, GCSRS)上荣获“社会影响力投资创新奖”,链得得(ChainDD)也是峰会上唯一获奖的区块链相关企业,这是对区块链未来发展趋势和ChainDD全球影响力的充分肯定。




ChainDD美国创始合伙人Catherine Li代表ChainDD现场领奖,并在获奖感言中表示,我们在目标成为全球领先的区块链资讯与数据服务商的路上,也非常清楚知道,要成为一家伟大的公司,必须要持续承担的社会责任和用技术创新推动解决社会问题中持续作出贡献,这也将是我们的重要使命。











George McDonald Church是美国基因工程学家、分子工程学家与化学家。他在哈佛大学担任罗伯特·温斯罗普基因学讲座教授、哈佛大学和麻省理工学院健康科学与科技教授,也是哈佛大学韦斯研究所生物工程部门的创办者。2017年,George教授创办了专注于基因测序和区块链技术的Nebula Genomics,并于今年8月完成了价值430万美元的种子轮融资。

George McDonald Church






以制药为例,制药公司在研发基因疗法所需的药物时,往往需要对大量的基因组数据进行研究。为了获得这些基因数据,他们需要从学术机构和基因测序公司处花费巨资来购买这些数据。而Nebula Genomics的目标就是利用区块链技术消除“中间商”,完成用户和制药企业基因组数据的直接交易,在降低制药公司的研发成本同时,也能让基因测序服务实现普及,从而推动基因疾病预防和基因精准医疗的实现。

Nebula Genomics的业务分为两部分,其一是遗传咨询:Nebula Genomics会依托其兄弟公司Veritas Genetics(奕真生物)提供的技术为个人用户提供全基因组测序、基因数据分析、遗传咨询和针对血液病、遗传病的针对性服务;




其中,由于区块链是一个去中心化的加密账本,在基因库中的数据仅仅属于用户本人,并不属于Nebula Genomics。用户将数据储存在链上是非常安全的。制药公司以token从用户手中获得基因数据,基因数据所产生的收益就可以绕过中间商直接交给用户。




因为整个交易都在链上进行,Nebula Genomics无法私自将数据出售给制药企业,而制药企业也只能从个人用户手中购买这些数据,实现了制药企业替个人用户承担基因测序成本,并让这个过程变得完全透明化,从而保护这些敏感的数据不被滥用。











文 | 十叶希


















































Chinese Ecommerce Giant JD Launches Blockchain Research Lab

While China is known for its rather unfriendly stance toward cryptocurrencies, the situation is significantly better when it comes to blockchain technology. Numerous companies, influential individuals, and even the country itself recognize that this is the technology of the future. As such, they are very supportive of it and eager to expand it further and compete with other nations that are doing the same.

In an attempt to do so, China’s largest retailer,, decided to collaborate with NJIT’s (New Jersey Institute of Technology) Ying Wu College of Computing. In addition, the two entities are joined by ISCAS (Institute of Software at the Chinese Academy of Sciences).

Despite the fact that blockchain technology is already accepted and supported in many countries around the world, this technology still cannot experience a wider application. This is due to several issues, such as stability challenges, efficiency issues, and alike. It is problems like these that the three entities will attempt to solve, in addition to exploring other aspects of this technology. The research is expected to last for several years, and to inspect multiple areas of blockchain in order to expand it and discover new use cases for it.

This represents only the latest move that China, or a company based in China, has made in order to further develop blockchain technology. So far, there were many reports of blockchain firms being much more successful. Some reports even claim that China is funding blockchain startups all the time, wishing to be the leading country when it comes to this technology.

China Supports Blockchain

Blockchain technology is still rather young, and there are numerous issues and vulnerabilities that have yet to be solved. However, blockchain is also a technology that has grown far beyond its original purpose already. Even those who have been skeptical of cryptocurrencies for years have welcomed blockchain with open arms, such as Alibaba’s Jack Ma.

Numerous startups with a focus on this technology’s use cases have appeared since then, like VeChain. This is a commercial blockchain platform that is using blockchain’s capabilities to track the import of red wine. Shipping firms have found that the blockchain technology is an excellent method of tracking international shipments at all times.

In addition, it is not only startups who has developed a strong interest in this technology. Chinese powerhouses like Tencent, Baidu, and Alibaba are competing in its development, not only with the world but also with one another. Since they are all well-established firms, they have more developers and funding that they can devote to expanding this technology.

While the enthusiasm and excitement regarding this technology is still very strong, a lot of firms that are involved with the blockchain are trying to keep a low profile. The regulations are still unclear, ICOs are completely banned, and exchanges are not allowed to provide services in this country. While China doesn’t seem to have issues with blockchain technology itself, a lot of these firms are not willing to take risks and announce their progress.

For now, it appears that China’s authorities aim to maintain control over this technology. However, they are also more than willing to expand it further, which is why they encourage innovation through the launch of their own initiatives.


Image from Shutterstock

Central Election Commission Head Says It’s Time To Rebrand The Word Blockchain in Russia


Central Election Commission Head Says It’s Time To Rebrand The Word Blockchain in Russia


The leader of Russia’s Central Election Commission (CEC) said at a recent conference how there needs to be a new word to describe ‘blockchain’ in the country if the technology was going to advance.

According to TASS, Ella Pamfilova made the remarks at a conference focusing on the 25th anniversary of Russia’s electoral system.

Topics included discussions on the viability of electronic voting technology, including blockchain-based systems.

Pamfilova made headlines in March after revealing plans to unveil a blockchain-based voting system to protect against rigging “from any side whatsoever.”

She hoped at the time it would be ready for use by the 2024 Russian presidential elections. 

A Rebrand Of The Word Is Needed

The CEC head gave some insights about how the word blockchain fits into the Russian language.

Pamfilova said the word ‘block’ had a connotation with something closed – since a third of Russia’s population was held behind bars. Then, she said “you have ‘chain’. ‘Block’ and ‘chain’ — it works on a subconscious level.”

Pamfilova suggested a study be carried out to actually see if a change is necessary, but maintained a “clear Russian word” was needed. She did not propose an alternate or equivalent for the word.

She made her remarks about the word blockchain in a response to a speech by a conference participant where they discussed the advantages of using the tech during an election period.

TASS reported how Pamfilova made a suggestion earlier in the conference about “renaming the ballot box” because the words led to “unpleasant associations.”

Crusading For Fair Elections In Russia?

Pamfilova’s ascension to the top of the Central Election Commission has given her considerable press coverage, especially in light of her past work as a rights activist.

Back in 2016, she noted in an interview how her appointment suggested a “political desire for normal, fair and open elections” since she was not one to “play the subordinate.”

At the time, she said President Vladimir Putin “knows my difficult character.”

Others, however, thought her appointment was just a strategy for the Kremlin to maintain electoral control and avoid protests.

The Bitcoin White Paper 10 Years On: How the Coin Evolved

Welcome to Cryptovest, a leading source of cryptocurrency information. The crypto space’s many nuances present challenges in making knowledge decisions, such as the best coins and investments. We provide information to help you take full advantage of this cutting-edge industry.

Bitcoin (BTC) Price Analysis – October 31


Bitcoin (BTC) Price Analysis – October 31


Bitcoin, BTCUSD, CryptoCompare chartBitcoin Chart by Trading View

BTCUSD Medium-term Trend: Bearish

Resistance levels: $7,000, $7,100, $7,200

Support levels: $6,200, $6,100, $6,000   

The BTCUSD pair was in a bearish trend yesterday. There has been no significant price movement in the last 24 hours. The price of Bitcoin fell to the $6,300 price level and commenced fluctuations above that level. The indices and the indicators are pointing in the same same direction for the price. Firstly, from the price action, the BTC price is below exponential moving averages (EMAs) and the crypto’s price is ranging for another fall.

Secondly, the Stochastic indicator has remained oversold since yesterday. The stochastic is below 20 which indicates that the momentum is strong on the downside. The price of  Bitcoin is likely to fall and test the $6,200 price level which is in the lower price range. If there is more pressure at the $6,200 price level, Bitcoin will find support at the $6,000 price level.    

BTCUSD Short-term Trend: Bearish  

Bitcoin, BTCUSD, CryptoCompare chartBitcoin Chart by Trading View

On the short term trend, Bitcoin is in a bearish trend. The crypto’s price is ranging and likely to see another price breakout. The price is below the 12-day EMA and 26-day EMA which indicates that the price is in the bearish trend zone. The Relative strength index period 14 is level 26 which indicates that the market is oversold suggesting bulls will take control of the market.                                                                                                                                                                                                                                                                         


The views and opinions expressed here do not reflect that of and do not constitute financial advice. Always do your own research.   

Will Small Companies Beat Large Corporations if They Use Blockchain?

An American startup is building a blockchain agnostic protocol in a bid to provide small businesses with affordable access to new technology, and drive the mass adoption of blockchain and cryptocurrencies.

Opporty, with experienced founders from the U.S., has also set up a “trusted and verified services marketplace” on the Ethereum blockchain, with features such as smart contracts, decentralized escrow, and lead generation. The company believes its platform helps small and medium enterprises (SMEs) to compete with large corporations, without requiring large investments in technology and marketing.

Widespread coverage

By now, Opporty has launched its platform’s localizations in China, the UK, Canada, the USA, and Australia. As the company reported to Cointelegraph, currently there are approximately up to 10 registrations per day, by new providers on the platform. “Therefore, we observe that SMEs are ready to grow and benefit with Opporty, an online Marketplace that cares,” added the company’s representative.

First providers already signed up

In the beginning of 2018, Opporty has acquired two new clients in New York. Both offer crypto payment options on their websites.

Universal Accounting Systems, uses the company’s platform to allow its clients to pay with Bitcoin and Ethereum for tax preparation and other services. It uses Opporty’s smart widget to offer its clients a simple view of its services, and allows them to pay with cryptocurrency.

Hudson Law Group, a midtown firm headed by David Treyster, has posted some customized crypto-based offerings for its clients using the Opporty marketplace. It also uses the smart widget and has already begun receiving crypto transactions through it.

The company says, the amount of U.S.-based providers which registered on the platform has increased. The Australian version, which has recently been released, already has new providers that accept crypto payments, including OPP, the company’s token.

The widgets by Opporty allow users to receive payments from customers. Companies that have listed their crypto-based offers at Opporty, ​get smart widgets on their websites​. Once the widget is placed, consumers can choose from several payment options, including ETH and BTC.


“Small business owners now realize that cryptocurrencies can give them a head start over their competition,” Opporty founder Sergey Grybniak said in a release. Opporty enables anyone to use cryptocurrency, and the attendant benefits of blockchain, without having to master the underlying technology, the entrepreneur added.

Opporty’s Plasma Protocol

In March 2018, the Opporty team decided to implement ​Ethereum’s Plasma Protocol to “resolve the trust issues in business transactions and lack of privacy in traditional blockchain solutions.” The ​First backend version of Opporty’s Plasma solution allowed users to process around 5,000 transactions per second, the company said.

“Then we have decided to come up with our own solution for ​Plasma Cash​, an enhancement technology for Plasma Protocol. After tireless work, our developers managed to enhance the technology​ to achieve the highest public test, which was more than Alipay at peak,” reported the Opporty team to Cointelegraph.

Opporty’s B2B platform allows providers to list their offerings on the B2B services marketplace in a targeted manner, post requests for proposals, receive bids, and execute deals.

The company claims that it resolves trust and sustainability problems between counterparties by storing business transaction data, including transaction quality, on the blockchain. It enables verification and validation of counterparty trustworthiness by implementing the Plasma Protocol. Its benefits position Opporty as a reliable option for domestic and cross-border transactions using cryptocurrencies, which can be used in supply chain risk management, corporate transactions and government procurements. The PoE protocol allows integration with other blockchain-powered platforms.

Big Achievements

Opporty’s project is constantly acquiring new updates and features, such as BLS threshold signatures and Delegated Proof of Stake, zk-SNARKs.

Right now Opporty is in its beta development, with MVP (Minimum Viable Product) already available for application and use. The open-source code has been released on GitHub.

Opporty is a member of China Cooperative Trade Enterprise Association, and the company is advised by Mr. Daniel Wu, who is a Deputy Director of One Belt One Road Development center.

In April 2018, Opporty joined the Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative. EEA is a non-profit organization that supports Ethereum-based technology best practices and the whole industry.

The company is proud to be a partner of InfiniVision Network Technology (Shanghai) in the fields of big data and blockchain integrations.

In 2018, ​Opporty has scored two Bronze Awards​, a renowned reward among entrepreneurs and innovators. It won the Stevie International Business Competition in the following nominations: Company of the Year  —  Business or Professional Services  —  Small category, and Online Marketing Campaign of the Year category.

Understanding that an online marketplace could be something much more than just a business product, Opporty has become a UN Global Compact participant. Taking part in this initiative, the Opporty team conducts research work in the fields of resolving issues of poverty and unemployment.

OPP, the company’s token, is already available on several exchanges, and the list is being updated.


Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.