Blockchain & AI Based Project Focusing Cannabis Industry
What is GANA?
GANA (Green and Nature Association) is a platform that focuses on cannabis industry by making use of blockchain architecture as its mode of operation. GANA escalates the cannabis industry from what it is to a more advanced and digital level. It uses Artificial Intelligence (AI) along with blockchain technology to provide a more transparent array of information and data management.
GANA offers two lucrative features in its wide range of offerings namely quality authentication system and business intelligence platforms. All these features offer a collective option to cannabis users to validate, authenticate and study the status of cannabis as well as other information related to it.
The GANA platform is used for a wide range of sections that is related to the cannabis field such as the consumers who use cannabis. Not only the consumers but it also provides information to cannabis growers, distributors, contents as well as various product makers who use cannabis as their primary ingredient. Apart from these cannabis business-related organizations GANA also provides information to research institutions as well as to different marketing firms.
Features of GANA
- GANA Ecosystem
GANA ecosystem allows the customers of GANA to buy various stuff which ranges from movies, music, other types of digital contents and they even have a mobile application which recommends various things to the customers. To make such purchases GANA has its own formed and programmed cryptocurrency which is popularly known as GANA Coins. If you are new to the platform the GANA organization will provide you with some free GANA coins just by entering information and creating a new profile with GANA. Not only buying the offerings of GANA but one can simply strike a partnership with GANA as well and the whole deal can be carried with GANA coins. The huge database that GANA has worked out in favor of different companies which eventually partnered with GANA and helped make their database stronger.
- Implementation of blockchain in the mode of operation
With the implementation of blockchain in the mode of operation of GANA, a plethora of features and services are added into the working process. For example, the whole database is spread like a blockchain network where users can remain anonymous and make the transaction. There is no limit on how to spend GANA coins. Further, there is no scope of any error as it uses Artificial Intelligence to sort out the whole database. The information is completely reliable.
- Mobile Application
GANA’s mobile application works as a digital wallet as well. The app allows the user to see all the transactions that you have made, how many GANA coins do you have and recommends various stuff based on your previous transactions. Through the mobile application, you can buy movies, songs and other digital contents that are offered by the websites. All the features that are available on their website are also available on the mobile platform.
How Does GANA work?
GANA is basically a data management as well as storage platform that stores, provides statistical and other forms of data related to the cannabis industry. The site uses Artificial Technology and blockchain as its working algorithm. There is a brief introduction on the site itself as to how GANA applies Blockchain and AI in their working methods, the Introductions says –
“GANA Technologies uses the Blockchain to manage retrieved data and personnel participated in the project, the database completely complies with integrity, reliability, transparency, security, and anonymity.”
Pros of GANA
- As GANA uses blockchain as its working algorithm the transactions that are made are completely anonymous in nature.
- GANA promises integrity and reliability in their working procedure.
- The platform offers transparency in the transactions.
- Since GANA platform uses Artificial Intelligence; therefore, there is no scope for any sort of error in the information that is provided by the site.
- There is no similar site present that offers such plethora of features and GANA also have a mobile application that also works as a digital wallet to store the ingenious GANA Coins.
Cons of GANA
- The platform itself is very new and it is working fine but there are few minor improvements required in their application.
- People who are not interested or linked to cannabis industry, the GANA platform is not much helpful for them.
The integration of AI and blockchain makes GANA effective, unique, accurate and secure in nature, making it one of its kinds. The only issue associated with the GANA project is that most of the countries still struggle with the legalization of cannabis, and the one who is found to be dealing in the industry is fined or sentenced imprisonment for violating the law.