With GAU Coin and AI, IIM-A papers look at giving cow-based economy a makeover

GAU, which stands for Gai Aadharit Unnati (cow-based development), is what the authors of the paper call their model to modernise the cow-based economy through the application of advanced technology.

With the aim of modernising the economy surrounding cows and cow-based products, working papers published by the Indian Institute of Management Ahmedabad (IIM-A) have suggested the use of a ‘social token’ system and AI-based animal face recognition.

In a paper titled ‘Special Token Economics for GAU Coin’, a team of four led by professor Amit Garg, Public Systems Group, IIM-A, proposed the use of GAU Coins as the social tokens, which would be developed keeping in mind all the aspects of ‘token economics’, including a rewards system, incentivisation, ways to increase adoption, methods to measure social impact, and more.

GAU, which stands for Gai Aadharit Unnati (cow-based development), is what the authors of the paper call their model to modernise the cow-based economy through the application of advanced technology.

Read more at
https://indianexpress.com/article/education/with-gau-coin-ai-iim-a-papers-look-at-giving-cow-based-economy-a-makeover-8819314/

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