Business
No Borders Inc. (OTC: NBDR) Launches CBD LabChain at Blockchain Expo 2019
No Borders Inc. (OTC: NBDR) Launches CBD LabChain at Blockchain Expo 2019.
About this update from No Borders, Inc.
[{"type":"text","content":"\n QUEEN CREEK, Ariz., Nov. 21, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – No Borders Inc. (OTC: NBDR) (the “Company”) today announces it has successfully developed and deployed a revolutionary blockchain platform for securely and immutably recording cannabinoid lab test data on its new public blockchain. Company CEO Joseph Snyder presented the platform at Blockchain Expo 2019, gaining immediate exposure to a wide audience of industry leaders and professionals. Watch the official launch video here: https://youtu.be/oyWVqXSL4Wo. No Borders Naturals is currently the only company in the world to record 100% of its third-party lab tests on the www.CBDLabChain.com platform. The CBD LabChain platform was designed and created based on consumer feedback collected by No Borders Naturals teams as they traveled coast to coast to share with consumers the Company’s premium line of cannabinoid wellness products. The marketing tour enabled the No Borders Naturals teams to conduct direct market research and gain invaluable insight from medical professionals, fitness enthusiasts and active Americans across the country. After sharing the Company’s CBD products with over 25,000 consumers, No Borders Labs determined that the primary consumer concerns regarding trying or using hemp-derived CBD products are 1. A fear of failing a drug test at work; and 2. A fear of buying a product that doesn’t contain the advertised amounts of CBD. No Borders Labs believes these concerns are heavily influenced by a lack of standards and regulations within the hemp and cannabinoid industries. The solution to quench consumer hesitation led to the creation of CBD LabChain as a means to record and store tetrahydrocannabinol (THC), CBD and other lab test data variants and to then make those results easily accessible via QR Code linkage. Additionally, products that use CBD LabChain are offered a “Results Guaranteed with Blockchain” icon that can be directly integrated into individual product labels. No Borders Labs believes this innovation makes www.CBDLabChain.com a powerful tool to help overcome consumer fears and provide a clear sense of security regarding product authenticity. No Borders Labs is actively working with the Company’s existing supply chain partners and third-party lab testing facilities to offer the tr...