What Is HempCoin?
HempCoin is a digital currency designed for the Agriculture industry. HempCoin’s usage is also present in the Marijuana/Hemp industry. It’s built on blockchain technology more specifically Bitcoin and is popularly used in marijuana dispensaries and the more general farming business circles. The coin, THC, is disrupting the trillion dollar Agriculture industry by making transactions quick and transparent.
HempCoin First Ever Cannabis & Hemp Cryptocurrency Impacts
There are various ways in which HempCoin has made an impact. They include:
Marijuana Dispensaries –
The digital currency is used to purchase medical marijuana from dispensaries.
Marijuana Farming –
THC is used to buy the equipment that farmers users to grow marijuana. The coin also helps financial institutions to help farmers increase their marijuana farming business.
Hempcoin is used to facilitate the exchange of so many things in the farming business from buying equipment to selling produce. It’s also used to manage transactions in the farming network that includes distributors and farmers.
Efficient Platform –
THC has an easy to use Android app to help facilitate the use of the coin. Hempcoin is also synched with Coinomi which is a wallet with various services.
Why Invest In HempCoin THC?
THC has some incredible features namely:
Identity Management –
Uses advanced blockchain to manage people’s identities. The use of cryptography on this system improves security on this platform.
File Verification –
The system allows verification of files so that users can rest easy knowing that their data can’t be downloaded without their approval.
The THC network is secure and quite stable. Proof-of-stake security measures using nodes ensures that the coin’s foundation is strong.
The coin is readily available on big coin exchanges such as Bittrex which helps users trade it easily.
Open Source –
Developers around the world can contribute to the further growth of this coin. Since it’s an open source project, the code used to develop it can be audited publicly and implemented in a secure manner.
The Hempcoin team is dedicated to continuously improving the experience of using THC. The team is always working on building new features while aggressively expanding the coin-base.
THC is readily available on Bittrex where users can quickly buy or sell it. Hempcoin also has an Android wallet that users can download from the website. The marijuana farming business is growing fast, and Hempcoin is one of the cryptocurrencies that has positioned itself to benefit from this growth through the use of advanced technology and user-friendly applications.