Paragon will create the identity verification blockchain

The company of seed tracking solutions for the sale of the marijuana industry allied with Civic Technologies Inc for the development of the new tool

The US blockchain company Paragon, which works with solutions for monitoring seeds in the marijuana industry in the medicinal field, announced that it will use this technology to provide a new verification service.

Specifically, customers can use any document that identifies them in order to better adhere to regulatory standards imposed by the governments of different countries.

This new technology is possible thanks to an alliance made with Civic Technologies Inc, a company dedicated to digital identity and security.

“By using identity verification, we hold users accountable, which brings an additional level of transparency to the industry. The ability to easily identify you through Civic provides a simple way for our users to confirm important data such as their age, explained Jessica VerSteeg, CEO of Paragon.

This solution, which works with smart contracts, will ensure that the identification problems be left behind since they will be permanently registered and they will never be eliminated from the archive.

Paragon spokespersons have underlined: “By using blockchain and smart contracts, we want to improve the experiences of people, companies and countries around the world, and we move forward in an ethical, responsible and legal manner.”

K. Tovar

Source: Bitcoin Magazine

Receive this and all our information directly on your cell phone through our channel on Telegram:https://t.me/BitFinanceNews

You might also like