Nuvus Blockchain is formed to build a global ecosystem called “Global Exchange Platform” for data, supply chain verification & industry wide global exchanges of services & products using distributive ledger technologies and trustless trust platforms for the agricultural industry initially focusing on the cannabis industry. Our mission involves introducing a trustless verification system on all supply chain & business transactions in the cannabis industry, providing growers, processors, distributors, retailers, doctors and users full transparency into the supply chain, from seed to user distribution, with decentralized private & public blockchain verification at every step. This will provide total transparency & auditability to all industry participants adding significant value to the industry.
LACK OF TRACEABILITY
LACK OF AUDITABILITY
DISPARATE CENTRAL LEDGERS
LACK OF CONSENSUS
LACK OF CHAIN OF CUSTODY
LACK OF TRUST
LACK OF STANDARDS
LACK OF COMPLIANCE
Ecosystem called Nuvus Protocol which will be based on public and permission based private Blockchain technology using IBM’s Hyperledger.
Our system will ensure compliance standards are adhered to at each level of the cycle. Patients, doctors, researchers and regulators want to ensure that the product that is bought and the claims made by the producers are genuine.
A distributed ledger is a set of communication protocols that enable administratively decentralized, replicated databases. Distributed ledgers can provide an efficient and secure infrastructure for the issuance and exchange of digital assets. Their security, democratized control, and automation can have a transformational impact on industries ranging from capital markets to global trade.
Cryptographically secured and Byzantine fault tolerant by design. Blockchain ushers in a new era of security in a time where perimeter security and authoritative control are no longer viable security models.
Blockchain provides a shared, immutable log of every activity on the system, enabling improved activity auditability and traceability of the provenance and history of an asset.
Smart contracts can securely automate and link existing business processes. When designed with blockchain input/output oracles they can be used to connect disparate systems.
Data acquisition & management software called CognetiX™ (nodes) which together with Oracles will unify amorphous data from all sources and package them for inclusion into the Nuvus blockchain ecosystems via the Nuvus Protocol.
Our current version of CognetiX™ includes a strong predictive data analytics engine and capabilities to collect all types of data from any database source. Software controls every aspect of a controlled environment agriculture grow facility. Every harvest is tracked, documented and available in visible format both in real time and historically.
CognetiX™ will be expanded to collect verified data for all transactions from seed to patient. CognetiX™ allows various computer systems to be integrated through a cultivator’s infrastructure. Using API connecting software packages, CognetiX™ will allow all computer systems to be monitored with a smartphone application and the robust hardware of integrated servers or cloud-based apparatuses.
By recording the various data points including chain of custody, traceability of the products, supply chain verification, a protocol can be built around the data points ensuring consistent & trusted parameters. Data sets will be housed in permissioned or public blockchain that is available to all shareholders.
SPEEDS UP PROCESSES
CREATES TRUSTLESS TRUST
PRIVATE OFF-CHAIN TRANSACTION
UNIVERSAL EXCHANGE PLATFORM
COMPLIANCE WITH THE LOCAL GOVERNMENTS
The Nuvus Protocol will integrate a new ERC20 based utility token called “Global Exchange Token (GETX).” Moreover, it will integrate the Global Exchange Token (GETX), a new Ethereum blockchain token, that can also be leveraged for data process flows, data collection & analytics, qualitative data collection, state and self-governed analytical data consisting of transaction information, patient’s feedback and grower input to encourage positive data provider and user behavior, rewarding the timeliness, quality, or reach of communications, among others.
GETX Protocol integrated platforms will be able to integrate Global Exchange Token (GETX) into their ecosystem. Users can earn GETX by performing platform specific incentivized actions (e.g., requesting data, verifying data, integrating data, offering the complied data, etc.), and then use these earned tokens to receive premium services on the platform. The app will keep a small number of tokens as payment for services rendered, and allocate the rest toward users performing specific actions that add value to the platform like providing advocacy level participation and contribution in medicinal delivery and patient health. Instead of collecting silo (segment of cannabis industry) data in exchange for a service or cash, applications or companies that use the Nuvus Protocol can provide services that utilize Global Exchange Tokens (GETX). When a user wants to use a service, they give some amount of GETX to the application.
|Bonus: +40% tokens||Min. purchase from 40,000 GETX|
|Bonus: +30% tokens||Min. purchase from 20,000 GETX|
|Bonus: +25% tokens||Min. purchase from 10,000 GETX|
|Bonus: +20% tokens||Min. purchase from 7,000 GETX|
|Bonus: +15% tokens||Min. purchase from 5,000 GETX|
|Bonus: +10% tokens||Min. purchase from 4,000 GETX|
|Bonus: +5% tokens||Min. purchase from 3,000 GETX|
|Bonus: +2% tokens||Min. purchase from 2,000 GETX|
|No bonus||No minimum|
|20%||Reserve Controlled Fund|
|35%||Research & Development|
|20%||Sales & Marketing|
Team began developing high level IoT software and hardware for the power companies
Team began developing CognetiX, high level analytical big data software
Team finalizes its state of the art data analytics and management tool Cognetix
Team finishes software and hardware technology prototype to automate the Cannabis grow industry
Team begins rolling out Cognetix to clients
Team initiates preliminary preparations for an ICO by developing industry’s most comprehensive white paper
Team begins recruiting blockchain consultants, platforms, programmers
Team completes white paper and related marketing site for preparation for Pre-ICO
Team begins selling Pre-ICO to selected groups, Angels and VCs. Launch Token contracts onto Ethereum, Security audits & admin testing
Team begins first phase of the crowdsale
Team completes its ICO and begins developing Nuvus Protocal & its integration with CognetiX
Team rolls out its first version of its Nuvus Protocal to selected groups for the Cannabis industry as beta
Team rolls out alpha version of its Nuvus Protocol using Hyperledger private and public blockchain for limited testing
Beta version of the Nuvus protocol begins extensive testing
Team picks partners in AZ, OR to roll out initial beta testing
Limited roll out to major partners in AZ, OR, CA & FL
Expansive roll outs in AZ, OR, CA & FL
Begin nationwide roll out in USA
Begin limited roll out in Australia & Israel
Begin global roll outs