A new revolution in the medical industry begins with MEDK project.
Based on blockchain technology, Medk plans to cultivate cannabis and extract the plant’s oil for medical purpose. This allows us to ensure an increased security and transparency in all existing processes along the entire production line. By using this technology, the project will bring agriculture to a whole new level.
It looks like at this moment, the current cannabis industry for medical use is up to 52% of the entire cannabis industry, and projections show that it will grow to $ 20-35 billion by 2020 and will reach $ 140 billion until 2027.
Keeping the evidence of each strain of cannabis;Keeping complete evidence of CBD production;Fast: Rapid transactions and confirmations with 2.5 minute block times;Cheap: Low spending with less fees;Scalable: Support and fast blocks provide ample transaction bandwidth;Future-proof: Lightning network support provides instant transactions and future scalability;Banking data protection;Transparent maintenance of funds;
Cannabis oil is widely beneficial and is considered as one of the most effective oils for the alleviation of certain conditions and illnesses. Researchers believe there are at least two active chemicals in cannabis that have medicinal applications: cannabidiol and tetrahydrocannabinol. Cannabidiol, also known as CBD, impacts the brain without a high, and tetrahydrocannabinol, also known as THC, has pain relieving properties.
Hemp Oil For Pain – Relieves PainHelps Control Epileptic SeizuresImproves Heart HealthTreats Inflammatory Bowel DiseasesIncreases Sleep LongevityPrevents Cancer
Coin TechnologyMedK coin was developed with the motive of providing a fair trading opportunity and garnerfinancial security to create a change in the world.MedK coin offers a different initial currency distribution and aims for in-depth communityengagement.Some of the advantages of the coin are:Escalating utilities MEDK coin has been carefully designed to possess the best features andconfiguration parameters for maximum utility. The following functionalities of MEDK coinmaximize benefits.➢Fast: Rapid transactions and confirmations with 2.5 minute block times➢Cheap: Low spending with less fees➢Scalable: Support and fast blocks provide ample transaction bandwidth➢Future-proof: Lightning network support provides instant transactions and futurescalability➢Full release: The coin will be released to all participants simultaneously. This resolves theissue of biased experienceProtectionTo prevent fraudulent activities, MEDK coin generates transaction signatures. In addition, thecoin addresses a different Base62 prefix byte, so that the addresses start with the product name.This prevents user confusion.While the transaction signature changes mean, the network will not validate any transactionsent on the incorrect network, the differing prefix byte and (associated UI validation) willprevent a user trying to create such a transaction