Transparent-C
Blockchain-based Solution for Making Cannabis Regulations Transparent
Company Overview
Snapshot
Founded in November 2020 by Nittay Tal, Eliran Avitan, and Nadav Segal, Transparent-C operates with 1–10 employees. The company is currently in a pre-funding stage, having ceased operations in June 2023.
Business overview
Transparent-C develops Efixii, a blockchain-based solution designed to enhance transparency in the cannabis cultivation process. This technology helps cultivators and manufacturers meet global medical cannabis regulations by securely registering all steps from cultivation to sales via an easy-to-use mobile app. The company serves patients, regulatory compliance offices, customs, sellers, and manufacturers across the cannabis supply chain, operating within the Business Software sector with a focus on Legal & Compliance Solutions and Supply Chain management.
Strategic signal
Transparent-C's cessation of operations in June 2023 indicates a significant shift in its business trajectory. This event signals to investors and innovation teams that the company is no longer actively pursuing its mission to bring blockchain-based transparency to the cannabis industry, highlighting the inherent risks and challenges within this specialized market segment.
Log in to access full profile ›Company Intelligence Q&A
- What is Transparent-C's primary product?
- Transparent-C's primary product is Efixii, a blockchain-based mobile application designed to provide transparency and ensure regulatory compliance throughout the cannabis cultivation and supply chain process.
- When was Transparent-C founded?
- Transparent-C was founded in November 2020 by Nittay Tal, Eliran Avitan, and Nadav Segal.
- What market does Transparent-C target?
- Transparent-C targets the cannabis industry, aiming to serve patients, regulatory bodies, customs, sellers, and manufacturers by making the cultivation and distribution process transparent from seed to end product.
- What is the current operational status of Transparent-C?
- Transparent-C is currently non-active, having ceased to operate in June 2023.
- What technology underpins Transparent-C's solution?
- Transparent-C's solution, Efixii, is built on blockchain technology, leveraging its capabilities for secure and transparent registration of cultivation, testing, distribution, and sales data.