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How bitcanna is going to benefit its competitors???
If you mean how we will defeat our competitors? By acquiring mass adoption from the industry, and not putting our focus solely on the crypto market/community but engaging with the cannabis industry since we have a network that we've built over the past 15 years.
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How your payment wallet is different from others competitors.
We differentiate ourselves by providing instant transactions through masternodes.
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Hi, I am having an issue in my KYC, What's wrong?
Please contact info@bitcanna.io
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How can BitCanna become a successful payment system without a stable coin?  A speculative coin is necessary in order to raise the funds to establish the platform we envision. Stable coins are currently not the solution, for example Tether. To issue one dollar’s worth of Tether to you or me, the platform must attract one dollar of investment capital from you or me, and place it in a dollar bank account. One of us then will have traded a perfectly liquid dollar, supported by the full faith and credit of the US government. This exchange may be attractive to money launderers and tax evaders, but not to others. In other words, it is not obvious that the model will scale, or that governments will let it. We aim to solve the 'shady' image of the cannabis industry and we do not believe that a stable coin will contribute to this vision.
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What are the things that you will be doing to increase the value of BCNA so as to provide good returns??
We are not directly focused on increasing the value of the coin. We focus on our project, and in the first phase delivering a fully functional payment system that will help the cannabis industry for the better. Of course, we hope that this will indirectly result in increased attention from investors. We want our coin to be mass-adopted, so we will launch a world-wide marketing campaign to make people aware of our solution, and which problems it will solve.
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Yes it is. You can use it to purchase cannabis related goods.
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BCNA coins are created each time a new block???
How many? 40 (20 masternode +16 stake +4 governance & budgeting)
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what benefits bitcanna offers to its alliance partners.
Participation in B2B-sale, use of our payment solution upon launch, exposure.
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In countries where cannabis is prohibited, will it be restricted to purchase tokens? Will Bitcanna only be used for cannabis-like assets?
It is completely legal to purchase tokens in countries where cannabis is prohibited. And yes, BitCanna will only be used for cannabis-like assets.
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what is a lite wallet.
What is a node wallet??  A node wallet is a full node wallet that can run (master)nodes, it contains a real-time copy of the blockchain. A full node can be seen as a program that validates transactions and blocks. It differs from the lite wallet, the lite wallet does not contain a real-time copy of the blockchain but is most often only used to send and receive transactions.
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Which type of protocol bitcanna used???
The Bitcoin protocol. We combine features from Bitcoin, LuxCore and Dash.
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What is a node wallet??  A node wallet is a full node wallet that can run (master)nodes, it contains a real-time copy of the blockchain. A full node can be seen as a program that validates transactions and blocks. It differs from the lite wallet, the lite wallet does not contain a real-time copy of the blockchain but is most often only used to send and receive transactions.
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Is the Cannabis industry really need of such services ? Isn't this service country-specific ?
Yes it is. Before we launched our project we researched the current situation and reached out to our network in the cannabis industry to explore the problems and optimize our solution. We get confirmations from our partners all the time that we are on the right track. The service isn't country-specific.
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hello team ,
How I can buy token ??
Hey, first please register on https://ico.bitcanna.ioThen complete your KYC in your dashboard, once approved, you'll be able to participate in the private sale starting the 1st of November.
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What are the minimum and maximum BCNA that I can buy?
Private-sale: minimum $500, maximum $50.000 Public-sale: minimum $25, maximum unlimited.
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Hello team, I am getting an error while purchasing BCNA coins, why?
You're either not eligible for the B2B stage, or the current price of the cryptocurrency you'd like to pay with has changed. Please refresh and try again.
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Don't you think Hyperledger fabric would have been a better Blockchain to integrate your supply chain ?
Since we also provide a payment and trust network we aim to provide an all-in-one solution. We believe this has greater benefit than separate blockchains since inter-operable blockchains / cross-chain isn't 100% functional yet. We are aware and are monitoring closely and ready to grow together with the technology.
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Will you enforce supplying from local growers or you will set up a country-wide supply chain for cannabis??  how do you plan to align local suppliers with this advanced technology? We believe that the technology will sell itself. We are talking about a technical revolution and innovation. It's a local supplier's own choice, but to stay competitive you simply can't stay behind. Wouldn't you rather buy a product that has all of it's checks, creation date and origin verified through blockchain technology? Yes you are right but then it is undeniable that local suppliers need to be educated about this for your own benefits. Do you plan to create a lucid knowledge sharing platform where suppliers can better understand this and actually give a thought to embrace this technology? Great question. That's true! They do need education and we will initially provide this information through our website. Besides that, we will actively approach suppliers and educate them about the benefits that blockchain powered supply chains can bring to their business.
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