Blockchain Transaction, Drone-Powered Precision Agriculture Highlight Celexus R&D

By Globe Newswire

Celexus, Inc. has announced that it is developing proprietary software using blockchain algorithms specific to the complexities of hemp biomass transactions. Additional technology in development includes drone mapping, soil nutrition, and data analytics, among others. To support its mission of growing a sustainable tomorrow, Celexus is investing in the technologies that will move agriculture, especially industrial hemp, into a growth market with far-reaching economic and environmental impact.

The current marketplace for industrial hemp plant material and biomass will be stimulated by increased trust between buyer and seller. Fears over misuse of confidential documents like certificates of analysis and proof of funds often delay or impede otherwise mutually beneficial transactions. Celexus technologies will speed this process using secure and efficient blockchain software to execute comprehensive tracking from farm to processing and through to the point of sale.

Modern farming operations use sophisticated decision support systems to ensure efficient use of resources and optimal yields in changing environments. Precision agriculture, or site-specific crop management, depends on specialized data driven by a number of inputs, such as multispectral drone imaging or combine-mounted sensors. Celexus has begun utilizing existing technology partnerships to develop proprietary data collection systems creating seamless, industry-specific analysis to its users in real time.

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