What Are Edibles?
Edibles are any food item that has been infused with cannabis, THC, CBD or cannabidiol. The potency, taste and marijuana infusion process will vary from edible to edible, so always read the labeling or ask the budtender for advice.
Edible companies have their own process and unique recipes but the end result is always the same: a tasty treat and a delectable buzz.
Edibles are a natural extension of marijuana’s long-standing relationship with hunger and cravings. If you want to get high while eating a tasty treat (and obviously, you do,) what comes next is pretty straightforward. Simply sit back, relax, and enjoy this in-depth guide to the world of cannabis edibles, candies and more.
Where can you Buy the Best Edibles in Denver?
If you live in a place where cannabis is legal, you shouldn’t have any problems finding cannabis-infused foods at your local dispensary.
However, if you’re looking for edibles near by in the Denver area, you can choose from purchasing premade edibles at a dispensary or learn how to cook edibles from a train professional cannabis chef.
For the best edibles in Denver, go check out these local dispensaries in the area:
1 – Medicine Man – 4 Denver Locations
4750 Nome St, Denver, CO 80239
1901 S Havana St Aurora, CO 80014
130 W 84th Ave Denver, CO 80260
500 E Rogers Rad Longmont, CO 80501
5070 Oakland St, Denver, CO 80239
3 – RiverRock Cannabis – 2 Locations
4935 York St, Denver, CO 80216
990 6th Ave, Denver, CO 80204
4 – Terrapin Care Station – 6 Colorado Locations
1795 Folsom St., Boulder, CO 80302
5370 Manhattan Cir. #104, Boulder, CO 80303
1 Broadway #A150, Denver, CO 80203
1900 E. 33rd Ave, Aurora, CO 80010
11091 E. Mississippi Ave., Aurora, CO 80012
650 20th Avenue, Longmont, CO 80501
3054 Larimer St, Denver, CO 80205
If you’re not quite so lucky as to live in a place where cannabis is recreationally legal, you have two options.
One, go make your own weed brownies at home, or now that the 2018 Farm Bill has passed, most local head shops and smoke store supply CBD-infused edibles and tinctures. Though CBD won’t get you high, you’ll still be able to enjoy the powerful medical benefits of CBD.
Types of Edibles Products
The recipes and type of ingredient food products used will really determine type of edible is being created. With the continuous passing of cannabis legalization across America, the range of edible options are steadily growing. You can even get marijuana gourmet cuisine made by professional chefs in certain corners of the country.
But for most of us, that not an option. We’re just looking for dank treat to help us relax from a long day, destress and enjoy a fun-filled evening.
Here are just a few of the many different types of edibles available at dispensaries.
- All Gummies
- Beef Jerky
- Candy, Suckers
- Beverages and so many more.
Now let’s take a deeper look at some of the most popular edible types for your consideration.
Edible brownies might easily be one of the most popular ways of getting THC into your system and satisfying the munchies at the same time.
Weed or pot brownies have a long history in cannabis culture. They date back to 1954 when Alice B. Tolkas released her famous haschich fudge recipe, which is now the basis on the development of modern marijuana brownies.
Modern-day edible brownies are made from a number of cannabis companies across the United States and Canada.
Here are some popular edible cannabis brownie names you might recognize; Space Brownies, 24 Karat, Kush Cakes, Goodship Fudge Brownie Bites, Buddha’s Best, Korova, Enjoyable and Blackout.
Edible cannabis gummies are a tasty way to open your mind while satisfying your sweet tooth. The nice thing about marijuana gummies is that you can imbibe with them just about any way that you want to.
You’ll find a number of edibles gummies available such as gummy worm, bears, sours, strips, fruit snacks and more. Basically, pretty much any gummy shape you can think of can has been infused with weed.
The three most popular edible gummies are the ones that isolate a specific cannabinoid and use their medicinal properties to help relieve particular ailments.
Here are the popular types of cannabis-infused gummy candies we should discuss.
These candies are the ones you get the dispensary because they are infused with THC. These are medical grade and will get you feeling euphoric, relaxed and out of this world.
THC gummy dosage typically ranges from 5mg to 10mg per single gummy. So if you eat the entire bag of these cannabis gummies you’ll consume anywhere from a total of 300mg to 500mg of THC, which if you don’t know is a lot.
Gummies infused with CBD serve many medicinal purposes as well, but with CBD being legal you can now go pick them up in a local store near you. However, there are two important distinctions between the type of CBD gummies that you can purchase.
They are gummies made with either full-spectrum CBD or broad-spectrum CBD.
Full-spectrum CBD Gummies:
Full-spectrum CBD gummies contain all the of cannabinoids, terpenes, flavonoids and fatty acids found in the hemp plant, even the THC. Because all the cannabinoids are present and working together, users experience more therapeutic benefits compared to other types of CBD products.
Broad-spectrum CBD Gummies:
Broad-spectrum CBD gummies are similar to full-spectrum gummies in the fact that they include all cannabinoids besides THC. These are the CBD gummies you see in most states that have not legalized marijuana. Because marijuana isn’t legalized in those states, the CBD gummies cannot contain any trace of THC higher than 0.03% in order to be sold in public storefronts.
Since full-spectrum still has a small amount of THC in it, broad-spectrum CBD was developed to fill this need. To learn more about the full benefits and differences between full-spectrum CBD and broad-spectrum CBD, check our in-depth guide here →
These gummies are very similar to the other CBD gummies mentioned above. You may see a variety of hemp gummies available at local stores. These gummies focus on CBD being the main component, however, some hemp gummies may the legal limit of THC present which is 0.03%.
These hemp gummies are still relatively new and unknown. These products tend to use lower quality CBD and you may not feel the effects that you expect. This is because real CBD brands will use either full-spectrum or broad-spectrum CBD in their products. Hemp CBD is very broad and you don’t know exactly what you are getting.
The best advice is to stick with reputable CBD gummy brands and look for full-spectrum or broad-spectrum on the label. There are a variety of gummies brands some popular ones include; Kushy Punch, Baked Bros, Flav, Chronic Boom and Paradise Edibles.
Marijuana Candy Edibles
As you would expect, the list of edibles continue to go on.
There are so many types of cannabis candies that it would take me an entire post to deep dive and showcase them all.
Below I’ve listed out the main two types of weed candies and a few examples of each.
- Hard candy: Mints, Tarts, Suckers, Lemon drops, Red hots, Butterscotch
- Soft candy: Tafty chews, Caramel, Fruit chews, Sensi Chews, Cheeba Chews
Cannabutter is the exact same thing as regular butter, with one key distinction: it has cannabis oil and marijuana-infused in it. You aren’t going to eat a spoonful of cannabutter to get stoned (though if you’re feeling it, you’re feeling it). It’s really used for cooking other cannabis-infused foods or to spice up a nightly meal.
Cannabutter can be bought at a few local dispensaries from time to time. Availability always varies and it tends to be hard to come by, so if you see it on the shelf, pick it up and give it a try.
If you don’t have the chance to buy it, there are a number of recipes online that show you how to make this happy butter at home.
Cannabis Beverages & Drinks
Cannabis-infused beverages are extremely popular finds in dispensaries across America (and no, we aren’t talking about bongwater).
There are a wide range of marijuana coffees, cannabis sodas, terpene-infused wines and cannabis CBD teas to choose from.
Once again, the sky’s the limit. If there is a drink you like, chances are someone has figured out a way to make it infused with cannabis.
To learn more, we covered everything there is to know about marijuana drinks and beverages here.
A marijuana tincture is concentrated oil that has gone through a process of soaking hemp, buds and cannabis plant parts in alcohol for weeks to extract the active constituents and cannabinoids. This makes an extract that is extremely potent
Typically tinctures are supplied in small 1-ounce dropper bottles with a range of potency per bottle. Most tinctures have a potency around 100mg, however, you can find extra strength tinctures with a potency of 1000mg.
To get the benefits, dispense a few drops under your tongue and hold it for about 60 seconds. The tincture will dissolve straight into your bloodstream giving the powerful benefits almost immediately.
Pills and Capsules
Cannabis pills and capsules are not exactly the same thing as an edible, but you do ingest them.
Edibles pills and capsules are like vitamins but better, because they don’t only help you live longer, but they also get you nice and high.
They are a popular edible product and you’ll find a range of THC and CBD pills at your local dispensary. It makes for a great to enjoy marijuana discreetly.
How Much are Edibles?
Edibles range in a varied of prices dependent on the type of edible, potency, brand, ingredients and location. Here are the current average edible prices available at dispensaries across America.
Edible Prices: Gummies, Brownies, Bars, Candy
- 100mg – $15-$25
- 250mg – $25-$35
- 500mg- $40-$50
Cannabis Tincture Prices
- 100mg – $25-$30
- 250mg – $30-$45
- 500mg – $45-$70
- 1000mg – 100+
Cannabis Drink Prices
- 10mg – $7-$10
- 100mg – $25-$30
Getting the dosage right is important if you are going to enjoy your time with edibles. That in mind, let’s take a look at some important information on how to consume edibles.
Edible Dosage MG Chart
The right edible dosage will vary from person to person depending on if you’re a daily smoker, have a high tolerance or just a beginner.
However, there are some general rules of thumb that will help you to nail the art of edibles dosage.
Here are a few generalities you can expect to encounter when it comes to the general edible dosage calculator that will help you out if you’re wondering how many mg of edibles I should eat.
2.5 MG of THC
With 2.5 milligrams of THC you won’t be out of your mind stoned. You may experience an increase in calm, or relief from symptoms if you are using the pot medicinally.
3-15 MG of THC
Once you get to the 15 MG range, your drifting into the recreational territory. With this dosage, you will be able to enjoy an altered perception of reality (nerd talk for, you’ll get pretty stoned). You can use this dosage medically for relief from intense symptoms but it will be intoxicating enough to distract from everyday life.
At 30 MG you’re in veteran smoker territory. With this amount of THC, we’re talking about a pretty dank brownie, though it will make an acceptable edible dosage for daily smokers.
Even everyday smokers are going to get knocked down on their rear with a 50MG edible. Not recommended for beginners, or anyone that needs to be a respectable member of society shortly after consumption.
If it’s a real 100 MG edible, be prepared because consuming this all at one time could send you to martian land. This will usually only be used medicinally by people suffering extreme conditions (like cancer). The most potent edible will probably be better for medical use than recreational use.
How many mg of edibles should I eat?
If you’re wondering how many mg of edibles should I eat or how much THC it takes to get high, that answer will ultimately depend on your experience level. The edible dosage for a daily smoker with high tolerance will be a lot different than the edible dosage for a beginner.
It’s important to note that body weight and genes are a factor in how your body processes the edible and its THC contents. There isn’t enough science behind edibles, body size and weight right now to give you an accurate description on how it factors in. But in the meantime, the edibles dosage chart below should help you to decide on the right option for your situation.
How to dose edibles is a fine art that you will want to be mindful of. When they get too potent, it ceases to be an enjoyable experience and becomes physically uncomfortable. Below we’ve outlined some additional questions asked about edible dosage.
Edible dosage for the first time
In general though, if you are a first time user you might be best served by the 2.5-15mg range.
Edible dosage for daily smokers with high tolerance
If you are a regular smoker or a high tolerance, you should probably start by eating around 24mg and increase from there. Note that 25mg is a lot of THC to consume at one time and we only recommend this if you actually have a high tolerance.
How strong is a 10mg edible?
This is the common dosage for a first time user. It’s not very strong if you’re consuming cannabis on a regular basis. A 10mg edible may cause a slight buzz, but most people won’t get “high” from it. Remember though, this all depends on how you personally react to THC and your experience level.
How much of a 100mg edible should I eat?
You shouldn’t eat more than 25mg or 1/4th of the 100mg edible at a time. It is recommended that you start small and slow. Start by eating 10mg and slowing increasing the amount you consume over time. Edibles can be overdone if you eat too much, too fast, so eat with care.
When should I eat edibles?
First things first, you are going to want to make sure that you don’t have anything important to do for a while. Edibles take a little while to kick in but once they do, they last for a good length of time.
Edibles on an Empty Stomach
Many people will try to eat edibles on an empty stomach so that the effects will be felt faster and more significantly. With only one type of food to process, the high should be more intense. While this effect may indeed be realized, in general, edibles on an empty stomach are not always a good idea.
Best case scenario, you’ll be comfortably couch-locked with your body stoned to the bone. Worst case scenario, you’ll get a little to high and lose half of your day to sleeping it off.
Edibles on a Full Stomach
There are currently three main theories about eating edibles on a full stomach. One theory is that you’ll get higher faster because you’re in full metabolizing mode and the THC will get into the body faster. The other theory is that it takes longer to get high because your body is processing all the other food along with the edible. The last theory is that it doesn’t matter at all because you’re going to get high either way.
Choose the right edibles dosage, consume, sit back and enjoy the ride.
Edibles High & Side Effects
Let’s close things out by taking everything you need to know about the edibles high. Read on for some edible effects, and everything else you could ever need to know about this awesome way to get high.
Edibles side effects
It sounds awesome, but be mindful of the fact that there are side effects. It is much easier to “go overboard” with edibles compared to smoking marijuana.
Granted, you can’t overdose on marijuana, as you know, no one has ever died from marijuana before. But if you do over consume, don’t say we didn’t warn you, because you will feel like you’re dying as it can be very intense.
Are edibles bad for you?
Short answer to this is no. Marijuana edibles are just that, they have marijuana in them. You will get high off of them, but that doesn’t make them bad for you. However, if you consume gummy or sugary baked edibles all the time, those ingredients won’t be a great addition to your diet and that could be considered bad.
Do edibles make your eyes red?
This is all dependent on how your body reacts to marijuana and cannabis. A good indication to tell if you’ll get red eyes is based on how your eyes change when you smoke. If you smoke weed and your eyes get red, you can bet that your eyes will be bloodshot red a couple hours after eating an edible.
Check out this video by the That High Couple where they compare the feelings of 100 mg vs 1000 mg edibles.
However, that doesn’t mean you want to be carefree with your edible consumption. If you take too much it can result in extreme disorientation, nausea, vomiting, dizziness, an upset stomach, or extreme anxiety. Naturally, you don’t want that.
The solution is to be smart with your dosing and give edibles the respect they demand.
How long do edibles take to kick in?
Edibles are absorbed through your liver, and intestinal, digestive tract. It typically takes anywhere from 45 to 90 minutes for the edible to kick in. However, it’s important to note, the time it takes to kick in ranges on a number of things, including the potency, the food item, your weight, how much you’ve eaten that day, and the dosage taken.
At the fastest, edibles can be felt within thirty minutes and after two hours you should definitely be feeling the effects. Because of how long do edibles take to hit you it is dependent on those factors, make sure you remain in a controlled environment after taking an edible.
With that said, here is another warning. Don’t eat more if you’re not feeling the effect within an hour. For some people it can take a long time for the edible to kick in and the last thing you want to do is consume too much and go overboard.
If you’re wondering how to make edibles kick in faster, there are a couple of options. However, most of them aren’t advisable. Many enthusiasts swear by drinking orange or mango juice because the fruit molecules combine with the THC/CBD molecules providing an intensified longer lasting effect.
Or if you’re really up to it, you could just eat an edible with a higher dose but we warned you and don’t really recommend it.
What does an edible high feel like?
Edibles highs are different for every person based on your tolerance, cannabinoid intake and type of edible you consume. However, the feeling can be described as an intense body high with steady euphoric experiences. They are known for producing a couch potato, sedative effect, even on experienced users.
This is because marijuana edibles are metabolized by the liver allowing the THC go throughout your body compared to smoking and having the THC enter your bloodstream.
If you’re looking for one of the stereotypical cinematic stoner experiences where you sit on your couch with slanted eyes and laugh at nothing in particular, edibles might be the way to go.
Watch this video of an older couple consuming an edible with 110 mg of THC. They seem to be having a good ole time.
After consuming one, it can even be difficult to figure out how to know if your high off edibles because it can take so long to kick in. For many people though, the experience of getting high with edibles happens very gradually over hours at a time.
Look for gradual changes in perception. If you find yourself staring out into space for extended periods of time, that’s a common sign that the edible is starting to kick in. Of course, before too long it will become pretty clear that the THC and CBD are working their magic.
What if I get too high from edibles?
It is important to mention that if you’re a first time user or if you’ve taken a large dosage, you may experience out of body or what may feel like near-death experiences.
The first thing is to not freak out. Remember that this happens to the best of us, and know that the feeling will eventually go away.
If you’re too high off an edible, the best advice is to go to sleep and by morning, you may still be groggy or sluggish but most of the edible effects will have worn off.
How long do edibles last?
The effects you can expect to encounter with your edibles will depend on your tolerance, your body weight and dosage ingested. However, you can expect to enjoy your buzz for some time.
For most people, it will be somewhere between 5-10 hours, which is significantly longer than when marijuana is ingested through smoking. However, there have been reports for edible effects to last over 12-14 hours.
How long do edibles stay in your system?
Marijuana edibles will stay in your bloodstream for around 24 hours, in your urine for up to 7 days and in your hair for around a year. However, depending on the amount of cannabis you intake on a daily or weekly basis, marijuana edibles can stay in your system for a longer period of time.
Do edibles stay in your system longer than smoking?
Edibles typically to stay in the system longer compared to smoking. When you eat or digest marijuana, the THC molecules are broken down by the liver and processed over time, and the THC is directly stored in the body’s fat cells. Whereas, when you smoke, THC is consumed in one short burst and your body starts processing THC instantly.
If you’re looking to get edibles or THC out of the system, you’ll need to know this dependent on your metabolic rate, body-fat content, diet, use of cannabis and exercise routine. The best advice to get THC out of your system is to increase your daily exercise time, sweat, reduce fatty-sugar foods and consume high amounts of cranberry juice and lemon water.
What are edibles? Edibles are any food item that has been infused with cannabis, THC, CBD or cannabidiol.
Types of edibles: There is a large assortment of edibles on the market including brownies, cookies, chocolate, gummies, cannabutter, marshmallows, jerky, candy, suckers, truffles, beverages and so many more.
What are the prices of edibles? The price ranges depending on the strength and type of edible purchased. For low mg edibles, prices range from $15 to $30. The more potent edibles that range from 50mg to 100mg can reach up to $50+.
Edible dosage: The right edible dosage will vary from person to person depending on if you’re a daily smoker, have a high tolerance or just a beginner. Start small with a 10mg edible and work your way up.
Edible side effects: In short, an edible is digested and absorbed in the body creating a high that is more intense and can last longer than smoking cannabis.
The post Marijuana Edibles: Dosage, Effects, Gummies, & Everything You Need to Know appeared first on Colorado Cannabis Tours and 420 Hotels.
Crypto adoption: institutionalization, regulation and corporate disclosure are key
Crypto adoption on the rise in the world There is need for a crypto registrar Years ago, it would have been an anomaly to think that the rate of crypto adoption and acceptance could be recording the level of growth it is currently undergoing. Many, back then, had predicted that the new kid on the […]
- Crypto adoption on the rise in the world
- There is need for a crypto registrar
Years ago, it would have been an anomaly to think that the rate of crypto adoption and acceptance could be recording the level of growth it is currently undergoing.
Many, back then, had predicted that the new kid on the block, cryptocurrencies, was going to whither off like leaves in the winter period. But today, that prediction has been proven to be wrong as crypto assets keep waxing stronger every day.
Crypto assets have steadily grown to become a value of exchange, an avenue to invest one’s wealth and also an opportunity to generate both passive and active income. In short, crypto assets have become the new gold in the market.
With this growth, crypto assets are gradually becoming fully institutionalized. The level of crypto adoption and acceptance by the corporate world has led to different industries checking how they can enjoy some of the benefits that blockchain technology offers.
To put it in simple terms, crypto adoption has grown beyond the basic level of what we used to know it to be. As more players join in, there is a growing need for a greater level of transparency and regulations in the working of the industry.
How universal crypto adoption can be achieved
Crypto adoption, as we stated earlier, is on the rise. But the progress and the level of adoption still has a stumbling block which is the scarcity of information and regulations that comes with the declaration of crypto ICO.
As it stands today, different companies have at different times declared ICOs, issued it and at the end, disappeared into thin air. This has made the industry unaccountable and has usually left investors at the mercy of these companies.
For crypto adoption to rise beyond the current level of scepticism shown to it by the corporate world, there would be a need for it to integrate a registry whose sole duty would be to collect, share and verify information made available to it by the crypto companies across the world.
If this is done, one can rest assured that the crypto companies are ready for a massive crypto adoption by the world generally.
Top 10 Blockchain-as-a-Service (BaaS) Providers
BaaS or Blockchain-as-a-Service is a paid blockchain-based cloud service that blockchain companies provide to customers. BaaS provides customers with the ability to build, host, and use their own blockchain apps, smart contracts, and any other digital services on a distributed network.
It is important to clarify that the BaaS concept is derived from the concept of SaaS (Software as a service) and works similarly to it.
How does BaaS work?
According to the BaaS concept, blockchain companies install, manage, and maintain, blockchain-based cloud platforms in addition to providing the tools necessary to build blockchain applications to customers in return for a fee.
The future of the BaaS industry
Currently, the global revenue from blockchain services is estimated at $ 2.5 billion and by 2025 this number is expected to rise to $ 19.9 billion.
Overall, the business value of blockchain solutions will increase to more than $ 360 billion by 2026, with estimates of this number reaching $ 3 trillion by 2030.
The previous figures clearly show the future of the industry as well as explain the huge and successive investments in the blockchain business in general.
Advantages of using the BaaS model
The BaaS model provides its users with many advantages, most notably high data security, efficiency, scalability, unlimited customization potential, as well as it is compatible with current cloud services.
In addition to the above, the adoption of the BaaS model reduces administrative burdens and provides better management and recruitment of resources.
Moreover, the BaaS model is easy to use and affordable, given the value it offers.
BaaS vs owning a blockchain-based cloud platform
The BaaS model is a better solution for business than having a blockchain-based cloud platform in all aspects. Owning a blockchain-based cloud platform is hugely costly due to start-up costs (infrastructure, personnel, software, licensing, hardware, consulting, and more), retirement costs (decommissioning of server racks), and operational costs (monitoring, cost per transactions, bandwidth expenses).
In addition to the above, owning a blockchain model means fully assuming administrative responsibilities.
While in the BaaS model, the cost is significantly lower because you only pay for the service you get. The service price in the BaaS model is subject to several factors, including the transaction rate, the maximum number of concurrent transactions, the payload size on transactions, and so on.
Also, in the BaaS model, all administrative burdens are borne by the provider.
How to choose the right BaaS provider?
There are a number of points to consider when selecting a BaaS provider. For instance, the provider’s experience and reputation, the security of the platform, the technical support as well as the ease of use and pricing.
In addition, it must be ensured that the platform integrates with the existing operating systems and software.
It should also ensure that the platform supports smart contract integration and deployment, identity access management (IAM) system, different runtimes, and frameworks.
Top 10 Blockchain-as-a-Service (BaaS) Providers
Blockwell is one of the world’s leading providers of blockchain solutions to governments, enterprises, and end-consumers. Founded in 2018 by experts who have contributed for 20 years in developing emerging technologies for some of the largest companies in the world.
Blockwell aims to assist organizations in adopting blockchain solutions by providing consulting and a cloud blockchain platform in addition to a distinct and diverse set of tools and programs.
Blockwell aims to help everyone generate profits by allowing them to build and expand blockchain tools, services, and products.
Currently, content creators rely on existing toolkits developed by Blockwell, set their own commission structures, and earn percentages as they sell and promote their tools around the world.
During the past two years, Blockwell has developed blockchain solutions for cryptocurrency businesses around the world.
In addition, Blockwell has vetted dozens of token contracts for some of the most popular exchanges in the world, prevented and stopped hacks saving individuals millions of dollars, built successful token-swaps tools, and analytics tools.
Blockwell’s previous work includes the names of many well-known businesses such as JPMorgan Chase Bank, Wells Fargo, Disney, GoPro, Paramount, Mattel, Universal, Lucas Arts, Suzuki, Epson, Time Warner Cable, Guitar Center, Beachbody, Marriott, Jaiyen Eco-Resort and more.
Blockwell has an impressive list of tools and applications. Notable among them are Blockwell Wallet, Pride Token, Fire Tokens, EgoCoins, iBlockwell, Blockwell Book, Sheets-n-Blocks – Blockchain, Contract Tool, VoteBlock, API Miner, Smart License Creator, Blockwell Prime, Listener, Token Swapper, Blockwell Daico, Blockwell Telescope, Blockwell Spyglass, Blockwell Velvet, Blockwell KYC Form Builder, Non-Fungible Token Creator, BW, and Dumbapps.
In addition to apps and tools, Blockwell has launched a store for DApps named “Well Spring” that has 16 working apps so far.
Blockwell backed tokens are valued at over $ 80M.
Regarding the future, Blockwell is seeking to expand by investing $ 10M. The company plans to obtain it by selling 100MM tokens to investors.
Amazon introduced its BAAS service called “Amazon Managed Blockchain” in 2018 through its cloud arm, Amazon Web Services (AWS). Amazon Managed Blockchain is a managed service that makes it easy to create and manage scalable blockchain networks using open source frameworks including Ethereum and Hyperledger Fabric.
Moreover, Amazon allows customers who want to manage their own network to go ahead, but it is an option that needs experience in dealing with AWS Blockchain Templates.
Amazon also enables companies to integrate their blockchain-based networks and business processes to improve IT infrastructure, business processes, human resources, financial transactions, and supply chains.
In addition to the above, Amazon provides AWS Key Management Service to secure Hyperledger Fabric’s CA (Certificate Authority) and Amazon QLDB technology to manage augmented ordering service.
The BAAS offer from Amazon is characterized by flexibility in identifying resources to suit companies’ needs.
Amazon customers’ list includes star names like Nestlé, BMW, Accenture, Sony Music Japan, and the Singapore Exchange.
IBM is one of the world’s most important BaaS service providers. Forbes selected it among the top 50 blockchain companies, thanks to its blockchain platform “IBM Blockchain“, which it launched in 2017.
IBM Blockchain is a fully-integrated distributed ledger technology platform that enables businesses to “’develop, govern, and operate a blockchain ecosystem quickly and cost-effectively on a flexible, cloud-based platform by using Kubernetes.
Partnerships have been vital to IBM’s continuous BaaS expansion. it created the Trust Your Supplier platform alongside blockchain firm Chainyard and also pioneered the Contingent Labor platform in conjunction with IT People.
As well as IBM Blockchain has joined The Linux Foundation’s Hyperledger Project to evolve and improve upon earlier forms of blockchain. Instead of having a blockchain that is reliant on the exchange of cryptocurrencies with anonymous users on a public network (e.g. Bitcoin), a blockchain for business provides a licensed network, with known identities, without the need for cryptocurrencies.
IBM Blockchain Platform has been used widely in industries such as food supply, media, advertising, and trade finance.
Microsoft is one of the oldest BaaS service providers as it has been in the market since 2015 when it launched Azure Blockchain Service.
Microsoft aims through its BaaS service to enable users to build public, private, and consortium blockchain environments with industry-grade frameworks and bring their blockchain apps to market.
Microsoft provides three products to customers: Azure Blockchain Service, Azure Blockchain Workbench, and Azure Blockchain Development Kit.
Azure is compatible with other Microsoft products such as Logic Apps and Flow, making it a great choice for organizations looking to harness blockchain such as General Electric and T-Mobile.
Microsoft Azure’s most prominent features are the support of several Blockchain frameworks, including Quorum, Corda, Hyperledger Fabric, and Ethereum. Plus, ease of deployment using Azure CLI, Azure Portal, or Visual Studio Code with the Azure Blockchain extension. Azure also supports full monitoring and logging.
The above helped Microsoft to forge important partnerships with prominent entities such as its partnerships with Ripple and BitPay.
Alibaba is one of the leading blockchain solutions providers around the world. The well-known Chinese company introduced its BaaS service in 2018 through its cloud platform.
Alibaba has an active research team and has registered many patents on blockchain during the past period.
Utilizing Quorum, Hyperledger Fabric, and the Ant Blockchain, the platform integrates Alibaba Cloud’s Internet of Things (IoT) and anti-counterfeiting technologies to create blockchain solutions for product traceability.
Alibaba’s BaaS offering provides diverse solutions to meet user needs including encompasses enterprise-level BaaS services, an agile BaaS platform that supports private deployment, and specific blockchain solutions for container services.
Software giant Oracle unveiled its BaaS service in 2017. The service, called “Oracle Blockchain Cloud Service”, aims to provide an enterprise-grade distributed ledger platform that can help businesses to “increase trust and provide agility in transactions across their business networks.”
Oracle enables its service users to provide permissioned blockchain networks for private or consortia models, enroll member organizations, and run smart contracts to update and query the ledger in addition to many other benefits.
Also, Oracle enables its service users to use its other solutions such as Oracle Supply Chain Management (SCM) Cloud, Oracle Enterprise Resource Planning (ERP) Cloud, and other Oracle cloud solutions.
R3 launched its BaaS service called “Corda” to enable companies to transact directly and privately using smart contracts.
Corda is an open-source blockchain platform that works on minimizes blockchain nodes’ deployment time by a few minutes, allowing enterprises to host the Corda network in a few clicks.
Interoperability, security, and privacy are the foundations of the finance-focused Corda.
Royal Dutch Airlines (KLM) recently hired Corda service to streamline financial processes and enhance settlements
Corda provides users with the following benefits: Easy cloud-based deployment and quick setup of nodes with Docker, a Built-in blockchain application firewall to provide additional security, as well as R3’s Interoperability feature that allows developers to work with more than one application at the same time.
It is worth noting that R3 has developed solutions for more than 300 clients in addition that it has partnerships with many prestigious institutions such as Barclays, Credit Suisse, Goldman Sachs, J.P. Morgan, and Royal Bank of Scotland, Bank of America and Wells Fargo, and more.
SAP launched its BaaS service “Leonardo” in 2017. Through its service, SAP aims to help companies transition into the digital age through the use of distributed ledger technology.
Leonardo is a Hyperledger based service and resides in the SAP Cloud service, meaning it can be accessed from any device.
The platform provides plug-and-play blockchain solutions and allows for the easy setup and hosting of blockchain nodes.
SAP Leonardo functions as a blockchain cloud service, machine learning service, and supports the Internet of Things (IoT) in a single ecosystem.
SAP Leonardo provides its users with several benefits such as cloud deployment, monitoring of blockchain data in real-time, and more.
Well-known Chinese smartphone manufacturer Huawei launched its BaaS service in 2018. The service, called “BCS“, is based on Linux Foundation’s Hyperledger Fabric, a blockchain framework that allows components, such as consensus and membership services, to be plug-and-play.
With its BaaS service, Huawei aims to enable companies to develop smart contracts on top of a blockchain network for several use-case scenarios.
Huawei also works with enterprise customers to promote the deployment of blockchain solutions and applications and to build reliable, public infrastructure, and an ecosystem-based on blockchain and shared success.
According to Huawei, BCS enables enterprises to deploy blockchain technology within five minutes. It concentrates on nine application scenarios, including data assets, Internet of Things (IoT), operation, identity verification, data certification, data transactions, new energy, philanthropic donations, and inclusive finance.
Huawei has many and varied partnerships inside and outside the Chinese market, but the most prominent name remains the famous car manufacturer Honda.
Factom launched its BaaS service in 2017. The service, called “Factom Harmony“, aims to allow enterprises and software vendors to quickly add blockchain capabilities to any application or workflow using simple API calls.
Harmony also aims to enable users to create portable, archivable cryptographic proofs to use as trusted inputs for internal and external audits.
What sets Factom Harmony apart is that it reduces the time and resource requirements to perform audits and meet compliance objectives.
Author: Husayn Hashim
Bio: Husayn Hashim works as an author and programmer. He has been writing about blockchain technology and cryptocurrencies for si years. He’s interested in programming, technology, finance, and business. He loves writing and loves to share his knowledge with others.
These Are Ripple’s Relocation Options if it Moves Out of the United States
Ripple has expressed dissatisfaction over the regulatory uncertainty surrounding cryptocurrencies in the United States. Apart from this, the San Francisco-based firm has also decided to act. By moving out of its home turf. But where will Ripple move next? Here are the relocation options.
Ripple’s Asia Options: Japan, Singapore & the United Arab Emirates
When Ripple’s co-founder and Executive Chairman Chris Larsen threatened to move out of the United States over the federal government’s anachronistic attitude towards cryptocurrency regulation, the message was clear.
During a virtual interview with Fortune at the LA Blockchain Summit, Larsen dropped the ‘relocation bomb.’ The Ripple co-founder also added that the US is far behind in the cryptocurrency regulation game compared to its counterparts. To the point that it actually risks losing its financial innovation edge to China (in particular).
Continuing his commentary, Larsen said that the U.K. and Singapore are the most probable destinations for the company to relocate if it moves base out of the country.
However, yesterday, in an interview with Bloomberg, Ripple CEO Brad Garlinghouse added Japan and the United Arab Emirates too to the list of Asia options. Elucidating the reason for extending the list, he said:
The common denominator between all of them is that their governments have created a clarity about how they would regulate different digital assets, different cryptocurrencies.
He reiterated Chirs Larsen’s stance about the United States’ uncertain regulatory roadmap. He also referred specifically to the conundrum of categorizing cryptocurrencies into a commodity, a currency, a property, or security.
Moving out of the US is more of a compulsion than a desire, Mr. Garlinghouse explained. Ripple would have continued to operate from their home turf if the cryptocurrency regulation scenario was not colloidal.
Ripple is definitely a proud US company and we’d like to stay in the US if that was possible, but we also need regulatory clarity in order for us to invest and grow the business.
Love For London And The United Kingdom
Apart from Asia, Ripple is also strongly considering the UK as an option. This became clear when in an interview with CNBC, the CEO applauded the clarity regarding XRP’s regulatory status in the country.
“What you see in the U.K. is a clear taxonomy, and the U.K.’s FCA took a leadership role in characterizing how we should think about these different assets and their use cases,” Garlinghouse said.
The outcome of that was clarity that XRP is not a security and is used as a currency. With that clarity, it would be advantageous for Ripple to operate in the U.K.”
This is clearly where the US is failing, Mr. Garlinghouse remarked. Although the U.S. Securities and Exchange Commission is clear on Bitcoin and Ethereum not being securities, when it comes to XRP, the authority has mostly stayed mum, which in turn has left the cryptocurrency’s status ‘shrouded in uncertainty.’
The clarification regarding XRP’s ‘security status’ is crucial for Ripple. Even though the company claims total disassociation from the XRP ledger and the token, it still owns 55 billion of the total 100 billion XRP supply.
Apart from the United Kingdom and the aforementioned countries in the Asian continent, Ripple has also shown interest in Switzerland for setting up its headquarters.
Ripple (XRP) price climbed up higher but not necessarily in response to Ripple’s decision to leave the US. The rally can be mostly attributed to bitcoin rushing for the stars with its explosive break past the $13,000 mark.
Will the cryptocurrency-based fintech firm be able to operate with total and unequivocal regulatory clarity in the above countries? It still remains to be seen.
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