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EVIO Forms Major Blockchain Partnership with Chroma Signet
Fremont, CA: The efforts of several app development companies have resulted in a sporadic increase in the number of virtual techniques and technologies that are improving people's standard of living today. In this regard, Blockchain is listed as one of the modern technologies with a promising future.
EVIO plans to offer its customers blockchain verification services for hemp, cannabis, CBD and related products in partnership with Chroma Signet.
Chroma Signet has developed a platform that enables cannabis and hemp companies to safeguard their products with quick, reliable product authentication and associated labels.
EVIO will provide verification services and assist customers in becoming members of Chroma Signet's Decentralized Autonomous Organization (DAO). This DAO will assist its members to acquire a non-fungible token (NFT) that represents a namespace that will enable customers to easily verify the origin of cryptographic signatures connected to cannabis products throughout the cannabis supply chain.
Marcus Estes, CEO of Chroma Signet commented, "This is the early stages of deployment of an open protocol that will help consumers gain insight into the supply chains connected to the products they buy. We're excited to partner with EVIO to help upgrade the software systems that power the cannabis industry."
Lori Glauser, CEO remarked, "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 that 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."