Friday, 09 April 2021 14:17

    Tampa Bay leads the way on blockchain

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    Whether you understand the world of cryptocurrency and are already using it — or you’ve been living under a rock and trying to avoid it (like us) — there’s one thing you need to know: Tampa Bay is where its future is being built.

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    Friday, 02 April 2021 10:41

    Women in Tech Tampa Bay: Rosa Shores, CEO of BlockSpaces Featured

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    A special thank you to Allie Felix for writing this amazing article, published on March 29, 2021.

    In celebration of International Women’s Day and Women’s History Month, Embarc Collective is excited to introduce you to Women in Tech Tampa Bay — a content series profiling women who are building at Embarc Collective and how they’ve built their careers.

    Wednesday, 24 March 2021 21:07

    BlockSpaces Raises $1.2M Seed to Connect Business to Blockchains Featured

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    Funding attracts Silicon Valley VC’s, Tampa Tech Notables, and Fortune 500 Talent

    Tampa, FL: March 25, 2021
    - BlockSpaces, a Tampa, Florida-based blockchain integration platform, has completed a $1.2M seed round of financing. The funds will be used to scale operations, make key hires, and speed development of the company’s core software that connects business applications and data to multiple blockchain networks. The platform reduces barriers to deploying, managing and participating in distributed networks by leveraging a “plug and play” API connector framework built for blockchain.
    Tuesday, 02 March 2021 14:27

    Announcing BlockSpaces Node Insights Featured

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    BlockSpaces is excited to announce the release of its very own, customized user dashboard: BlockSpaces Node Insights v0.1.0. In a commitment to providing an exceptional user experience for blockchain node management, we have worked hard on ensuring that our user dashboard brings the most accurate, real-time data directly to your fingertips.

    BlockSpaces, Inc
    CONTACT: Rosa Shores
    TAMPA, Fla., October 13, 2020 -- Michelle Royal, Founder and Chief Innovation Officer at RIDG (Royal Innovation Design Group), has joined the BlockSpaces Board of Advisors as the company continues to combine their core blockchain technology capabilities with innovative enterprise software expertise ahead of the rollout of their core iPaaS, BlockSpaces Connect.
    Tuesday, 06 October 2020 08:33

    BlockSpaces, Pocket Network Announce Partnership

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    Tampa, FL— October 6 , 2020
    —  Today, BlockSpaces released a new Node-As-A-Service product feature to their core blockchain integration platform, BlockSpaces Connect, and announced the product will be immediately supporting Pocket Network. The partnership culminates after years of mutual support between the two blockchain-focused organizations around the emerging technology.
    Friday, 02 October 2020 10:16

    BlockSpaces presenting at Florida Venture Forum

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    We are proud to have been chosen to present at the The Florida Early Stage Capital Conference, hosted by the Florida Venture Forum and the Florida Venture Education Foundation, on October 14th and 15th.
    Friday, 18 September 2020 08:18

    James Olson Joins BlockSpaces Board of Advisors

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    TAMPA, Fla., September 16, 2020 -- James Olson, former Senior Vice President of Sales and Business Development for AgileThought, has joined the BlockSpaces Board of Advisors as the company continues to combine their core blockchain technology capabilities with innovative enterprise software expertise.
    Friday, 28 August 2020 10:35

    Improving the Cannabis Industry With Blockchain

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    From the opioid epidemic to the COVID-19 pandemic, such events have intensified the need for complete transparency and trust in supply chains to ensure packaging and products are contaminant free. Now, perhaps more than ever, supply chain partners and customers want details and information about industry practices and products.

    Currently, medical marijuana is legal in 33 states and blockchain, which is steadily gaining adoption in other markets, could be the next game-changing technology for the cannabis industry across the country. Proven in mainstream food safety, pharmaceuticals, agriculture, and other sectors, blockchain-backed platforms offer benefits for everyone, from breeders with new genetics to consumers shopping dispensary shelves. 

    The following are some of the ways blockchain technology could benefit the cannabis industry:

    1. Rapid, real-time traceability and tracking.

    Blockchain’s secure technology ensures an accurate, permanent record, but it also allows rapid access to specific details within the large amounts of stored information. With blockchain, businesses can instantly get a specific product’s full history and access present and past locations in the supply chain. In a seed-to-sale tracking system, all cannabis seedlings would be given a unique identifier and registered in a manifest. Plants are tracked through the entire supply chain, allowing regulators to identify cannabis products along with attributes such as seed origin, plant strain, and supply chain transaction history. Plant strain DNA could also be a key attribute tracked through this system. This real-time record keeping aids in preventing diversion with the illegal market, facilitating prosecution of illegal diversion, and enabling rapid product recalls. It would also ensure that medical and recreational cannabis products are kept apart throughout their life-cycle.

    1. Improved efficiency and reduced costs. 

    Few people understand how massive the Cannabis industry has become. As lawmakers in the U.S. and Canada are pushing for decriminalization, the industry now employs more than 250,000 people. That’s about five times the amount of U.S. coal miners. Labor remains one of the largest expenses for cannabis businesses, whether they operate cultivation facilities, retail shops or both. Blockchain can streamline time-consuming tracking, reporting and auditing, and eventually reduce the need for staff and oversight related to those functions. 

    1. Product validation and standardization. 

    Cannabis has long been identified primarily by street names. Under blockchain-powered programs, genetic cultivar information could be collected, registered, tested and published through the secure, permanent infrastructure blockchain provides.

    Growers can protect their IP. Researchers can identify specific genetic and chemical profiles. Medical providers and retailers can be sure they receive consistent products and verify provenance, testing results, patient outcomes and other immutable information.

    1. Consumer confidence. 

    Blockchain-powered scannable codes and other technologies can increase transparency and provide end consumers with secure, verified product identification and information to drive confidence and brand loyalty.

    Product diversion can be accomplished by inserting illegally grown plants into the regulated distribution system, or selling legally grown plants in an unregulated fashion. With blockchain, distributed ledgers and proof of work algorithms create a transaction system that is secure, irreversible, and auditable; no single party has sufficient power to alter a past transaction record. This limits product’s diversion risk by reducing tampering, and collusion, in the database system. To reduce tampering with the physical assets (plants), plant tags can be linked with producer and retailer metadata such as business name, location, and employee ID. Associating each plant tag with multiple metadata properties would limit illegal transaction of plant tags within the system. 

    As noted, there are many issues within the cannabis industry that can be tackled with the help of blockchain technology to make it stronger, safer, and more transparent.

    BlockSpaces Solution:

    As blockchain technology becomes more pervasive across industries such as cannabis, it is becoming more apparent that systems and processes will involve communication and integration with multiple blockchain networks and technologies. 

    BlockSpaces has created a system that is designed to serve as an integrated message bus for blockchain-based applications and their underlying blockchain technologies and platforms while, client-side, hiding the technical complexities associated with integrating the various blockchain networks.

    To learn more about BlockSpaces Connect or to set up a time to talk to with team, visit our website.
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