CannaCoin runs on a decentralized blockchain platform similar to bitcoin allowing users to send money across the network within seconds. This decentralized network is free of any central authority and follows the core principles set forth by the bitcoin community.
CannaCoin uses Peer2Peer technology where money can be transferred between two users without the need for a third party. This enables the user to process transactions for the fraction of the cost charged by banks or financial institutions.
Open source projects are crucial to the survival of the digital currency eco-system. CannaCoin has a number of open source projects including CannaPay, CannaSight, and the Green Wallet. Make sure to check out our GitHub page for more information regarding these projects.