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HempCoin (THC) is a blockchain-based solution for the agricultural industry, aiming to provide secure, flexible, and adaptable solutions for every project. The platform aims to grow into a multi-faceted network dedicated to enhancing all aspects of the agricultural industry. The native token for the platform is THC.

HempCoin's patented HempTRAC technology enables farmers to easily track individual batches of seeds and track the steps to get a successful yield. It also allows farmers to construct incentivized networks to transact mutually, thus removing the excessive levels of barriers from the agricultural marketplace. By bringing various processes onto a common platform, HempCoin aims to reduce the manual tracking of resources and outputs in agriculture.

According to the HempCoin whitepaper, the agricultural industry's financial transactions are inefficient due to a lack of technological adoption and integration. The platform seeks to deliver customized solutions to consumers based on their business needs by utilizing blockchain technology. HempCoin offers cutting-edge abilities to the agricultural industry with a focus on reducing wastage of time, resources, assets, and opportunity.

The HempCoin token, THC, is 100% Proof of Stake (PoS) and has a Delayed Proof of Work (dPoW) mechanism securing it to the Bitcoin network. dPoW is a security mechanism that secures the entire THC ecosystem with the strength of the Bitcoin network, providing BTC-level cybersecurity at a fraction of the price.

The HempCoin whitepaper was published in May 2021 by Tim Renzetti, Phil Lerner, and Adam Wallace. Tim Renzetti is the CEO and founder of HempCoin, as well as CEO/co-Owner of Autovid and Southeastern IT Solutions. Adam Wallace is the COO at HempCoin and a co-founder of Infinity Firm. The platform finalized and acquired THC private funding in Q4 2021 and employed a full-time core team within the same quarter.

HempCoin is committed to providing innovative solutions to the agricultural industry, with a focus on reducing inefficiencies and promoting sustainable practices. With its cutting-edge technology and dedicated team, HempCoin aims to make a significant impact in the agricultural industry.