BitCanna - The Cannabis Blockchain Platform(BCNA)
Token/Symbol
BCNA
Type
ERC20
Platform
Ethereum
Accepting
BTC, ETH, LTC, BCH, DASH, Fiat
Token Count
420,000,000
Price
1 BCNA = $0.12

Vision

Have a look at what the future of cannabis payments is going to be.

BitCanna will be used for every cannabis payment, whether it be online or in physical stores. Our CEO Jan Scheele will show you how it works.

The Future of Cannabis Payments

The global cannabis industry has been inhibited by regulatory restrictions for most of recent history, but the legal market has emerged rapidly as more governments legalize medical and recreational use. Due to the ‘shady’ image of the business, most banks, credit card companies, and payment providers won’t handle the money generated by the cannabis industry, even in places where it is completely legal. This leads to inefficient and costly solutions such as high bank fees and cash transactions, which only add to the shady image of the industry.

To address this problem, BitCanna will provide a decentralized payment network for the legal cannabis industry, by means of the BitCanna Coin (BCNA). BitCanna has already set up agreements with major companies in the European cannabis market, forming the BitCanna Alliance. The BitCanna Alliance works with legislators to solve the current paradox in the market. By implementing supply chain management and a trust & reputation layer, BitCanna aides legislators in creating a healthy and transparent cannabis market.

10 Reasons why

1.Booming business

The global cannabis market is expanding at an extremely fast pace.

2.Powered by the industry

BitCanna has already established partnerships with the top brands in the industry.

3.World-famous brands

The BitCanna Alliance is active in over 27 countries and globally connected within the industry.

4.Millions of visitors

The partners have over 10 million unique visitors per month.

5.15 Years of experience

Team with over 15 years of experience in the cannabis industry.

6.Custom blockchain Live at launch

The BitCanna main net will be fully live as a payment network with wallet 1.0 at launch.

7.Proof-of-Stake

A Proof-of-Stake blockchain will be used to process all BitCanna transactions.

8.Online integration

Direct integration with the biggest online shops at the launch of the project.

9.Physical stores across europe

Integrated with physical stores in Barcelona, Amsterdam, Eindhoven, and many more to come.

10.International media partners

Supported by well-known international media partners.

Phase 1. Payment network

The first phase of the project is to create a decentralized payment network to solely serve the cannabis industry. The main goal is to provide an alternative payment solution for unbanked businesses that is more cost-efficient than the current payment options. This payment system will be built around the BitCanna token (BCNA) which is a digital currency that acts as a means of exchange and the unit of account on the BitCanna blockchain. The main net will go live directly after the ICO’s time limit is reached, July 1st 2019.In practice, BitCanna envisions a decentralized payment network in which payments will run directly from the customer to merchants — no middleman. The BCNA token will be a decentralized digital currency that is secure, fast, easy to use and in compliance with local regulations. Since blockchain ledger records are immutable and transparent, this will be perfect for financial institutions looking to audit cannabis companies, as well as government institutions looking to properly tax marijuana businesses and regulate the industry.

Phase 2.Supply Chain

In the second phase of development the mainnet will be integrated with the supply chain layer. The BitCanna blockchain will be expanded with track and trace monitoring functionalities, allowing traceability of the entire supply chain of cannabis, and cannabis-related products. The main goal of phase two will be to create a more efficient supply chain network for businesses and simultaneously build more trust, as well as a new level of transparency within the cannabis industry.While the market is closely monitored with growing interest by government regulators. BitCanna will contribute to the creation of a trustworthy market, for which transparency is of the utmost importance. By phase 2, the distributed ledger will provide all users a clear insight into the production, transportation and financial flow of the market. This technology for many working in the industry include producers, distributors, shippers, government agencies, and consumers.

Phase 3.Trust and Reputation

In Phase 3 a trust and reputation layer will be integrated into the blockchain and a variety of applications will be developed on top of this layer. These applications will further incentivize the network, improve business efficiency and transparency, and better the customer experience.Some practical examples of the applications are business analytical tools, inventory management and loyalty programs. Furthermore, a secure identity platform complementing a review and rating system will be developed for all partakers in the BitCanna network. BitCanna will provide a platform for all links in the supply chain, from farmer to end-consumer, to build the trustworthy reputation they deserve.

BitCanna Mobile

BitCanna Platform

Find the best BitCanna offers by online and offline shops.

Shop & product reviews

Review shops and products and find trusted reviews by other consumers.

Supply chain transparency

Find out about the origin and quality of products.

Payment wallet

Easy to use wallet for near instant payments.

BitCanna offers near you

Find the best offers by physical stores near you.

ID management

Upload your ID securely on the blockchain for easy verification at shops or cannabis clubs and to build a trustworthy reputation.


Team


Boy Ramsahai

FOUNDER


Jan Scheele

CEO


Jack Janssen

CFO


Paulo Ramos

CTO


Johan Deddens

BUSINESS PROCESS MANAGER

Roadmap

  • Q1 2017


    Research market & opportunities.

  • Q2 2017


    Business case studies and solution brainstorming.

  • Q3 2017


    First meetup with the founder, core team, and development team;

    BitCanna project launch;

    Advisory board formed.

  • Q4 2017


    Outline the BitCanna concept.

  • Q1 2018


    Whitepaper 1.0 & Website build;

    Start development of the BCNA blockchain.

  • Q2 2018


    Start development hardware payment solution;

    Whitepaper & website release.

  • Q3 2018


    Start B2B pre-sale;

    Whitelist registration period.

  • Q4 2018

    Start private sale;

    Start public sale;

    A pre-marketing campaign, approaching 10.000.000+ monthly visitors from partners.

  • Q1 2019


    Continuous; expanding the BitCanna Alliance;

    Testnet live- Alpha version;

    BitCanna presents itself at multiple major conferences.

  • Q2 2019


    BitCanna presents itself at multiple major conferences;

    Launch world-wide marketing campaign;

    End of the public sale.

  • Q3 2019


    Launch mainnet BitCanna v1.0;

    Coin distribution;

    Launch Lite Wallet, Node Wallet;

    Launch BitCanna Business v1.0 (basic version containing online payment plugins).

  • Q4 2019


    Launch BitCanna Mobile v1.0 (basic version containing the Mobile Wallet);

    All webshops within the BitCanna Alliance will start accepting BCNA coins immediately after ICO;

    Update BitCanna Business v1.0;

    Integration of hardware point-of-sale payment solution.

  • Q1 2020


    Update BitCanna Mobile with additional functionalities:


    BitCanna Maps;

    Database of cannabis dispensaries and strains.

  • Q2 2020


    Update BitCanna Mobile with additional functionalities:


    Integration of the advertisement platform. Allows for direct advertising to customers based on geolocation.

  • Q3 2020


    BitCanna v2.0 goes live. Integration with supply chain layer;

    Launch of BitCanna Business v2.0;

    Integration of supply chain monitoring which allows businesses to manage and audit their inventories.

  • Q4 2020


    Launch BitCanna Mobile v2.0;

    Integrate supply chain monitoring which allows customers to scan products, and find information like origin and quality of their desired products.

  • Q1 2021


    BitCanna v3.0 goes live. Trust & reputation layer integrated with mainnet.

  • Q2 2021


    Launch BitCanna Mobile v3.0;

    Integration of customer reviews with blockchain-based integrity;

    Integration of encrypted identity.

White Paper

Investment Info
Accepting BTC, ETH, LTC, BCH, DASH, Fiat
Token Info
Country Netherlands
Hardcap $20,000,000
Softcap $3,000,000
Token BCNA
Platform Ethereum
Type ERC20
Token Price 1 BCNA = $0.12
Token Count 420,000,000
Schedule
Pre-Sale Start Date 2018-November-01
Pre-Sale End Date 2018-November-14
Crowd Sale Start Date 2018-November-15
Crowd Sale End Date 2019-June-30

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