crypto: JIBBIT

The cannabis business is currently one of the fastest growing businesses on the planet, especially in Canada, Europe and in the US, and normal development rates are needed for the process in the coming years. Approval of the global wave of expanding interest in accessories and solutions needed for regular use around there. Meanwhile, the number of counterfeit drugs is also increasing, which is an important problem for pharmacies, specialists and health insurance organizations.

Jibbit works to develop several programming solutions for the marijuana market, with three main sectors. Commercial center for related accessories, Jibbit Market; shipping service for marijuana; cannabis area.
So, Jibbit is working to provide a system for the marijuana business. A system that empowers each client to fulfill their requirements in the field of marijuana.

JIBBIT OBJECTIVE

Jibit's main goal is to link the rapidly growing cannabis industry with the crypto world; it's also to make the benefits of blockchain technology available. Jibbit tends to make payments with cryptocurrency as a whole, which seems appropriate for everyday use. In addition, Jibbit is currently collaborating with the feet on further blockchain-based solutions in the fields of health and payment, basically to advance cryptocurrency utilization.

One of the remarkable developments in the medical system will be exclusively on blockchain-based solutions for prescribing counterfeit-proof therapy. Blockchain tends to provide technology tools for us to create the Jibbit ecosystem. In this system, suppliers, producers, and consumers can look for each other. Each and every exchange is stored and encrypted on the blockchain, and is open to everyone when needed. However, it is almost impossible to have forgery or adjustment of data stored on blockchain.

BLOCKCHAIN TECHNOLOGY

One of the main highlights used by Jibbit is Blockchain Innovation. This makes payment on a secure, easy and anonymous platform for all parties involved in the system. Other criteria include reducing exchange rates and business costs; also simplifies and rearranges purchasing procedures. Globalization, decentralization, and the different opportunities provided by the use of cryptocurrency in systems are Jibbit's main advantages over different organizations that have comparable solutions

ECOSYSTEM OF JIBBiT

The JIBBiT ecosystem uses blockchain technology to conduct transparent, anonymous and safe payment transactions for all parties involved in the ecosystem.

The JIBBiT ecosystem mainly consists of 3 core elements: -

JIBBiT Marketplace - This is the core structure of the JIBBiT ecosystem. This is a market for cannabis accessories. Patients, consumers, and farmers can use JIBBiT Markeplace to shop for marijuana accessories
JIBBiT Doc - This is a portal and interface for patients, doctors and pharmacies. The first platform solution will be available in Germany.
JIBBiT Runner - This is a delivery service for marijuana to ship THC containing marijuana products. It aims to become the next UBER for shipping based on marijuna cryptocurrency.

JIBBiT PROJECT 'SWOT ANALYSIS

POWER

Strong and experienced development team
Lead the initial market
A good and sufficient capital base
Strong knowledge of the marijuana market
A large network of contacts in the cannabis and crypto sectors

WEAKNESS
But to build a customer base

CHANCE

Global legalization of medical related marijuana products
Global legalization of cannabis products for personal consumption
Further growth in cellular and internet shopping receipts
Grows acceptance of blockchain and cryptocurrency technologies

THREAT

Competitive market with increasingly fierce competition
Regulations that might affect the crypto (cryptocurrency) industry

Overall, the SWOT Analysis for the JIBBiT project illustrates that the JIBBiT business model has more power and provides more opportunities than weaknesses and threats.

Token Information

Name: Jibbit Token
Ticker: JIB
Type: Utility Token
Technologies: Ethereum / ERC-20
Dezimal: 16
Total Token: 700,000,000
For sale: 420,000,000
Price per Jibbit Token: $ 0.05 USD
Softcap: $ 1,000,000 USD
Hardcap: $ 18,000,000 USD

Some problems:

The need for payment options with crypto currencies for cannabis and accessories
Strong growth is not. case of a fake recipe
High transaction fees from banks and other payment service providers
Transmission time is too long, affecting shipping
Failure to send anonymous transactions with the bank
The need for procurement of legal marijuana is simple, fast and safe

JIBBiT solution

The JIBBiT ecosystem encourages and allows payments using crypto currencies
Safe recipes and protected from unauthorized access by deploying key technology-based solutions
Very low transaction costs due to blockchain technology
Transactions that are significantly fast and safe
Transparent transaction execution with S6 Verification that can be fully verified. JibbitRunner allows you to organize and provide legitimate recreational marijuana trails easier and faster

Jibbit Tokens (JIB) expand the Ethereum network and will follow the ERC-20 standard, which plays a very important role in the Jibbit network. The token sale will be made at www.jibbit.io and must begin on June 1, 2018. It is expected to end on August 31, 2018 or when it reaches the hard cap limit of around 18 million USD.