Supply and value chains
Supply and value chains are becoming increasingly important and will be one of the most important issues of the future. Supply chains are still often not transparent and traceable, but this will change very quickly. The first supply chain laws are already in place that require companies to minimize risks to people and the environment.
When it comes to the sensitive topic of cannabis, supply chains play a particularly important role. Due to the strictest legal regulations and requirements, these must be precisely recorded and documented down to the last detail. This will be a major challenge for many companies, but in the end will ensure more safety for workers and especially consumers. It will also ensure the quality of the end products, which is ultimately responsible for whether a product is marketable.
Integration of blockchain technology
Blockchain technology will be at the heart of the CeBioLabs SCM system. It enables all data in distributed infrastructures to be managed in a way that is traceable and safe from manipulation, without the need for a central instance. Individual data records are combined into data blocks, linked together and strung together to form a blockchain, hence the name blockchain. Cryptographic mechanisms ensure that the data included in the blockchain cannot be changed or manipulated. The immutability of data once stored, as well as its traceable, transparent insight into all transactions, makes blockchain technology so secure and unique. Blockchain technology will play a key role in the storage of data. This applies to all industries, not just the cannabis industry.
CeBioLabs
The German crypto startup CeBioLabs has big plans to shape and revolutionize the booming cannabis market with its complex value chains. To this end, the team has developed several blockchain-based systems and launched its own token that is linked to the entire company ecosystem. The CeBioLabs founders have been active in the cannabis market since 2017 and are now one of the leading wholesalers of CBD products. The years of experience and know-how from the cannabis market, as well as crypto and blockchain technology, provide the project with countless opportunities and make it the first of its kind.
CeBioLabs Supply Chain Management
With its supply chain management system “CeBioLabs SCM”, CeBioLabs will launch the world’s first blockchain-based software tailored to the complex value chains of the cannabis market. CeBioLabs SCM will make the value and supply chains for all products transparent and thus traceable for all companies and also end consumers. From the sowing of seeds to the final product, all production processes and the players involved will be documented in detail. Distribution channels, quality control results, and logistical processes will also be traceable and accessible at any time. Through the precise documentation of all actors and processes involved, impacts on environmental, social and labor issues within the supply chain can be analyzed and evaluated. Blockchain technology will be at the heart of the CeBioLabs SCM system. Through it, all data will be stored decentrally and immutably within the blockchain. Gaps or incorrect information within value chains will thus be a thing of the past. Also trust issues will no longer exist in the future.
The CBSL Token
With the CBSL Token, CeBioLabs has created a proprietary token that will play an important role as a link to its products. All usage fees for the CeBioLabs B2B readings and services, not only those for the CeBioLabs SCM, can only be paid in CBSL Token. Thus, the CBSL token has a real benefit in the enterprise ecosystem which will also increase the demand for CBSL tokens. In addition, there are already plans to use the CBSL Token as a means of payment for cannabis products in certain e-commerce projects, such as the CBSL Marketplace. The CBSL Token will also be installed as a payment method in cannabis stores. This is an absolute novelty, making CBSL the world’s first token that can be used to pay in cannabis stores. The CBSL token is already listed on several crypto exchanges where it can be traded.