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.
The Challenge: 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.
The Solution: 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.
The Outcome: The integration of Cannabolt's bitcoin rewards system is expected to drive significant customer engagement and streamline transactions within the cannabis industry. The next steps include expanding the system to a broader network of dispensaries, positioning Cannabolt as a leader in providing bitcoin infrastructure solutions for the cannabis sector and beyond.
Like this project
0
The project was to transform the cannabis industry's payment system using Bitcoin technology.