Calyx Subsidiary Cannigistics to Develop Block Chain Applications

Calyx Bio-Ventures (TSXV:CYX) has announced that its wholly owned subsidiary, Cannigistics Agri-Solutions is looking to implement blockchain technology into its future product offerings.
As quoted in the press release:

In anticipation of the further legalization and regulation of the marihuana industry in Canada, Calyx intends to expand Cannigistics’ capabilities utilizing this technology. Future Cannigistics’ applications will be able to ensure the authenticity, efficiency, and trustworthiness of its peer-to-peer transactions, thus creating leading edge reliability and security in its cloud computing platforms. With the implementation of Block Chain Technology, future applications will perform at the highest trust levels and meet regulations beyond what a traditionally designed application could achieve.

Click here to read the full press release.