We are on the age of modern science and technology. The internet is a significant invention of the modern science and technology. Now people depending on internet-based industry in the online digital ecosystem. The blockchain technology is another innovative invention of the modern science and technology. The internet-based cryptocurrency industry is growing up with the help of the blockchain technology. On the other hand, the on growing cannabis industry is including in this online digital crypto business with the help of the JIBBIT platform. Currently, the industry of cannabis is growing up globally especially in the USA, Canada, and Europe. This growing cannabis industry will continue growing for the coming years. The cannabis is somewhere legal and somewhere illegal. People take cannabis sometimes for chilling and some time for medical issues. The counterfeit prescriptions of the doctors are increasing that is a one of the major problems for many pharmacies, doctors as well as health insurance companies. The JIBBIT is creating a network for the cannabis industry in the online digital ecosystem.
The JIBBIT is a cryptocurrency based blockchain technological platform in the online digital ecosystem. This platform is creating a marketplace for the cannabis industry. This platform is creating opportunities for manufacturers, producer, and customers by connecting them to one network. This platform was built with the aim to provide a network for the cannabis industry which is enabling every customer to have their needs met in the field of cannabis. This platform is using blockchain technology which is a significant as well as special innovation in the medical system for forgery-proof medical prescriptions. This platform is giving the significant opportunity to their user where they can stay anonymous and can purchase cannabis independently. There are different cannabis supply businesses where transfers and payments often take several days as well as delay the delivery time. This problem can be solved using this platform with help of the blockchain technology. We can know more detail and their work about the cannabis on their white paper. The white paper link of this platform is https://jibbit.io/wp-content/uploads/2018/08/Whitepaper-Version-1.12.pdf. You also can visit JIBIT website to join their ICO which is now going on. The website link of the JIBBIT platform is https://jibbit.io/.
Advantages of the blockchain technology in the JIBBIT platform:
The JIBBIT is a blockchain technology-based platform which is encouraging and more economists, visionaries, and entrepreneurs as well as getting more public interest around the world. This platform is getting acceptance as well as reorganization by many experts as one of the most important marketplace developments at the present growing world for the blockchain technology. The blockchain technology is making this platform special where this platform can store all transactions carried out in a decentralized as well as practically tamper-proof manner. The Ethereum blockchain technology is helping this platform to create smart contracts which will be recorded pre-programmed events automatically as well as human intervention. The data of the user in this platform will be secured in the blockchain. The blockchain technology is giving different advantages to this platform. The advantages of the blockchain technology are given below:
Open Source: The JIBBIT platform is an open source platform for the implementation of the blockchain technology. The user companies of this platform do not need to develop their own blockchain, buy the expensive system and operate it themselves. The user companies can use this platform to start directly with eh realization of their business model with the help of the smart contracts and DAPP. The blockchain technology implementation in this platform is lowing transaction costs which usually amount to a fraction of the fees for bank transactions.
Security: This platform’s data are stored in de-centrally on thousands of nodes with the help of the blockchain technology. This system of the blockchain technology is very difficult to hack as well as cannot be changeable for the decentralized database. The blockchain technology helps to store data in different thousand of computers in various nods. If anyone wants to change the data and information he needs to change the copies on thousands of computers at the same time. At the present science and technology has no system to make it possible. As a result, this system is making blockchain technology safest technology which is implemented on the JIBBIT platform.
Transparency: The blockchain technology is giving transparency in this platform where blockchain technology is a decentralized database and can be downloaded by anyone on the internet. The transparency feature of the blockchain technology is creating a facility to view the entire transaction history that occurred in the platform. This platform is implementing blockchain technology on their infrastructure because the transparencies, as well as security, are the central point of this platform’s technology.
Faster and cheaper transaction: The blockchain technology is confirming faster and cheaper transaction facility in the JIBBIT platform. On the traditional banking system, transactions can take several days to complete after the amounts have been credited to the recipients account for the abroad transaction which can waste our valuable time. On the other hand, this platform is implementing blockchain technology which will make transaction faster than banks or other financial institution. The blockchain technology is reducing intermediaries, as a result, actual costs for the user and company can be significantly reduced.
Decentralization: The blockchain technology is making the JIBBIT platform a decentralized ecosystem which has no need to run a central massive data center. The blockchain technology has several thousand smaller nodes globally which will verify the transactions of the platform. The decentralization system is creating difficulties to switch off and control the blockchain. The decentralization is giving safety on the blockchain technology enormously. website link of the JIBBIT platform is https://jibbit.io/.
The token economy of the JIBBIT platform:
This platform is a tokenize cryptocurrency based cannabis marketing platform in the online digital ecosystem. They already created their tokens with smart contracts of the blockchain technology. This platform’s token name is JIBBIT token and token symbol is JIB. The JIB token is utility token which is ERC20 standard based on the Ethereum blockchain technology. This token was created on 18 decimal system. This platform has created a total 700, 000, 000 JIB tokens. They will use 420, 000, 0000 JIB tokens for the token sale event. The token sale soft cap is $ 1, 000, 000 USD. The pre-sale of the token sale time is 07-01-2018 to 10-31-2018. The main sale of the token sale time is 11-01-2018 to 12-15-2018. The token sale accepted currencies are BTC, ETH, Monero, USD, and EUR. The USA, Canada, and The People’s Republic of China are restricted from the token sale event of the JIBBIT platform. This platform is offering a significant discount for the token sale event. The discount table is given below:
After the token sale, they will distribute their raised fund for the different development and different program of the JIBBIT platform. They will distribute their raised fund for marketing, listing, development, others, investments cannabis industry, legal and bank. website link of the JIBBIT platform is https://jibbit.io/. The raised fund distribution will be as flows:
Conclusion:
After all the discussion about the JIBBIT platform, I can say that this platform is providing a significant service for the user, customer, producer and manufactures of the cannabis industry with the help of the blockchain technology. This platform is a tokenize cryptocurrency platform using smart contract technology. We can purchase their tokens for their website with an attractive discount offer.
Follow below links of the JIBBIT platform to know more:
• Company Website: https://jibbit.io/
• Twitter Pages: https://twitter.com/jibbitico/
• Facebook Page Link: https://www.facebook.com/Jibbit-1196046843831431/
• Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4315020.0
• Whitepaper Link: https://jibbit.io/whitepaper
• BitcoinTalk User Name: group.skynetbd
• BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1300404