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Highly Regulated Industries

March 21, 2019

CERES operates as a blockchain transaction network for highly regulated industries. The blockchain allows these industries to operate with less user error, more regulation, fewer expenses, and more accuracy. Some of the industries that CERES can work with include telecommunications, healthcare and life sciences, the railroad industry, airline and pipeline transportation, oil and gas, electric power and transmission,  financial services, trading, and cannabis.

Why do these industries need the blockchain? Consider the cannabis industry. By 2021, the cannabis industry is expected to be worth $24.5 billion. It’s also likely to create 414,000 jobs and bring in more than $4 billion in tax revenue. And yet, as far as investment goes, this market remains mostly untouched. Because of high regulations and limited funding options, investors have little to no access to cannabis. With a blockchain transaction network, we can provide funding to businesses in this and other highly regulated industries, bringing much-needed capital to the table and creating thousands of jobs.

To learn More, see our other Articles

The Case for Blockchain to Support the IoT
The Need for Blockchain in the Cannabis Industry After Federal Legalization
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How Blockchain Can Ensure HIPAA Compliance in the Medical Marijuana Industry