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Items filtered by date: August 2020

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.
Published in News
Food-borne illnesses are a preventable and under-reported public health problem. Each year food-borne illnesses sicken 48 million Americans (approximately 17% of people in the United States) and lead to 128,000 hospitalizations and 3,000 deaths. These illnesses are a burden on public health and contribute significantly to the cost of health care. Food hazards, including germs and chemical contaminants, can enter the food supply at any point from farm to table. Most of these hazards cannot be detected in food when it is purchased or consumed.

A critical part of the U.S. Food and Drug Administration’s mission is safeguarding the human and animal food supply, helping to ensure that food is not contaminated at any point during its journey along the supply chain. 

Maintaining food safety has become unconditional when it comes to food trade and customer  demand.  The  food  put  on the  market  has  to  be  of  good  quality and  safe  for consumption, as well as not be a source of disease and infection. That being said, the food and beverage industry face a host of food safety challenges, ranging from lack of traceability and transparency, to compliance and recall prevention; and e-commerce giants and shifting consumer expectations are challenging the industry to be more agile and transparent than ever before.

Significant growth in the recent number of food safety incidents and recalls, an increase in media scrutiny and evolving regulatory requirements have placed increasing responsibilities on food safety to regain consumer trust by delivering consistently high-quality food across the complex supply chain, while meeting the various regulatory requirements.

When it comes to food traceability, many businesses are stuck in a past where each segment in the food system is responsible for keeping track of food, taking one step forward to identify where the food has gone and one step back to identify the source. And, it’s largely done on paper. Moreover, changes in food production and supply chains are becoming more complex, providing more opportunities for tampering and difficulties in track and trace. Blockchain makes a supply chain more transparent at an all-new level, especially when it comes to food safety.

Blockchain technology allows quick and easy verification of history, location, and status of a particular food product. Farm origination details such as batch numbers, storage temperatures, shipping details, expiry dates, and factory and processing data can be digitally recorded on the blockchain. End-to-end traceability would improve the efficiency of the food supply chain. Data would be digitally entered on a blockchain and hence, everyone with access to the blockchain can access the data. 

As the need for blockchain technology becomes more pervasive across industries such as food and beverage, it is becoming more apparent that systems and processes will involve communication and integration with multiple blockchain networks and technologies. BlockSpaces has created BlockSpaces ConnectTM, a system 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.

When you are working to contain a case of Salmonella or other food-borne diseases,  every second counts. Having a secure blockchain record to reference can make it easier not only to recall the exact cases, lots, and batches that are likely to be contaminated, but to also pinpoint the exact source of the incident so that it can be resolved. Blockchain technology is without a doubt a major player for strengthening food safety standards across the United States.

To learn more about BlockSpaces Connect, please visit our website at https://blockspaces.io/platform
Published in News
Wednesday, 05 August 2020 16:32

Improving Patient Outcomes with Blockchain

According to the American Cancer Society, cancer is the second leading cause of death in America, taking more than half a million lives each year. One in four Americans- 1,500 lives lost each day. The years of life lost due to premature deaths, the economic burden due to lost productivity, the costs associated with illness and therapy, and the long-term effects of cancer on the quality of life for survivors take a toll at state levels in the United States. With an aging population retiring and moving to Florida, it is not surprising that the state has the second highest cancer burden in the nation and has been Florida’s No. 1 killer since 2011. Additional sobering statistics include the following:

  •  Cancer surpassed heart disease as the leading cause of death for Floridians. An average of 100,000 new cancers are diagnosed and reported each year to the statewide cancer registry, the Florida Cancer Data System. 
  • About a third of the most common cancers are due to lifestyles — poor diet, obesity and lack of physical activity, according to the National Cancer Institute. 
  • The 10 common cancers that are most receptive to prevention and early detection include: Breast, cervical, childhood, colorectal, lung, lymphoma, oral and pharyngeal, ovarian, prostate and melanoma of the skin. 
  • The median charge per cancer hospitalization for all cancers in Florida in 2015 was $67,471.  

Rapidly emerging novel treatments in oncology, particularly in advanced disease, mean that more patients are living longer. As such, extending survival while maintaining or improving quality of life is the desired therapeutic outcome. This changing landscape has many implications, including the need for tools that help clinicians, organizations and institutions involved in cancer care collect, evaluate and share outcomes data. However, healthcare information silos can contribute to suboptimal patient care. Communication among patient’s healthcare teams is often disjointed and vital connections and collaborations amongst clinicians and data producers are lost under the burden of disenfranchised, siloed, manual, chart-abstracted data collection.  

Improving care transitions through integrated care and seamlessly exchanging data through interoperability are essential ingredients for better patient outcomes measurement. As such, BlockSpaces is working with a client to create a secure outcomes data collection tracking system which is built upon a novel blockchain and artificial intelligence stack. The system is sharable among multiple healthcare providers in real time and accessible to interdisciplinary healthcare teams, and provides an immutable, transparent and secure system of record for sensitive healthcare data.

To learn more about the use case  and to schedule time to talk with our team, please visit our website https://blockspaces.io/stors

You can also tune in virtually, on Friday, August 7, 2020, at 10am EST to hear BlockSpaces Co-Founder Rosa Shores discuss how improving patient health outcomes with blockchain technology, also impacts the mental well being of patients with chronic disease, including cancer. This is a digital health conference with a cause! Proceeds from the conference will go towards helping children with cancer in Tampa Bay. 

About Disrupt the Bay 2020: 

 Help fight against kids’ cancers by joining Disrupt the Bay 2020! A Digital Tech Conference with a Cause! We have an exciting lineup including John Nosta and Scott Arnold, very prominent healthcare disruptors as our keynote speakers, local chief level executives from the healthcare industry, and multiple healthcare technology startups from Tampa Bay that are leveraging innovative technologies to improve healthcare and other industry services. https://www.disruptthebay.org/
Published in News


BlockSpaces is dedicated to accelerating enterprise blockchain adoption. Combining advisory, technical functionality, and industry focused support with our core platform, BlockSpaces Connect™, we provide business value to an ecosystem of client innovators.


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