News Summary

• Ike Tech is a partnership between Ispire Technology, a vape manufacturer, and Chemular, a regulatory consulting company.
• The goal of Ike Tech is to use biometric data and blockchain as security for age-verification measures built directly into the cartridge of a disposable vape.
• The vape market in the US is overwhelmingly flooded with cheap but potent disposable vapes from overseas.Because they’re not regulated, just about anyone can get hold of them.
• Lack of regulation also means they aren’t properly inspected for chemical components that have adverse effects.