ACS Laboratory, in combination with 3Chi, is partnering with Blockticity to launch the first national hemp client Certificate of Analysis (COA) as a non-fungible token (NFT).
The NFT drop will go live during Art Basel Miami Beach 2021 – Art Basel’s first in-person fair in Miami Beach since 2019 – and Miami Art Week, which takes place from December 2-4, 2021.
ACS Laboratory, the largest hemp and cannabis testing facility in the eastern U.S., is the first laboratory to authenticate COAs on a blockchain. Partnering with Blockticity (https://blockticity.io/), the leader in guaranteed certificates of authenticity, as well as Moonwalk (https://www.moonwalk.com/), the leading NFT platform, is a dream team collaboration that will revolutionize the way COAs are accepted, processed, and distributed.
“ACS Laboratory is proud to release the first ever Certificate of Analysis (COA) on the blockchain and the first ever non-fungible token (NFT) for that COA on the blockchain,” said Roger Brown, President of ACS Laboratory. “We always strive to be at the forefront of new technology and cutting edge cannabis laboratory testing technology.”
“The blockchain is the future for cannabis and hemp to secure the integrity of the analytical results and the COA, determine permissions and eventually to include payments,” Brown continued.