Project Overview
The project aimed to revolutionize the payment system within the cannabis industry by leveraging bitcoin technology, enhancing customer experience, and circumventing the limitations imposed by traditional financial systems.
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Challenges Faced
The cannabis industry faces significant financial challenges due to restrictions on payment processing and banking relations. Traditional institutions often hesitate to engage with cannabis-related businesses, leading to reliance on cash and hindering operational efficiency and growth opportunities.
Our Solutions
Cannabolt and Rodeo Drive collaborated to develop a solution using bitcoin technology, allowing customers to earn bitcoin rewards with every purchase and providing a robust payment system for dispensaries. Developed using Flutter technologies for rapid deployment, this solution mitigates challenges posed by traditional banking, promotes customer loyalty, and streamlines transactions.
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Results Achieved
The cannabis industry faces significant financial challenges due to restrictions on payment processing and banking relations. Traditional institutions often hesitate to engage with cannabis-related businesses, leading to reliance on cash and hindering operational efficiency and growth opportunities.