About mTrace
mTrace gives various industries, including fashion, cannabis and spirits manufacturing companies, the tools to secure their data, track their products and scale via blockchain technology and artificial intelligence
Today the tracking, security and accessibility of financial or client data and tracking of products has never been more challenging and critical across various industries, including the cannabis and spirits industries. As industries continue to evolve, the approach to managing sensitive information must evolve and scale as well.
MegaHoot Technologies’ ZecureHive division integrates advanced blockchain technology and artificial intelligence (AI) in a way that can transform tracking and financial security by enhancing data security, data accuracy, ownership and access, this is called mTrace.
MegaHoot’s advanced blockchain technology brings forth potential that can be boundless in establishing tamper-proof tracking, product authentication, financial or customer records at a base level with the addition of security measures via artificial intelligence to control accessibility.
Together, these technologies offer solutions to the challenges faced by modern financial systems, paving the way for a more secure and efficient approach to financial and client data.
Enhanced Data Security & Predicative Security Analytics
This is how MegaHoot’s Advanced Blockchain Technology can add value to a company
Safeguarding data in the fashion, cannabis or spirits industries is paramount. mTrace offers a robust solution by creating an immutable record of financial, customer or tracking information that can be added to but not altered or deleted.
This ensures that sensitive data remains secure and accurate, reducing the risk of unauthorized access or data breaches 24/7/365.
One of the most powerful aspects of AI within mTrace is the real-time 24/7/365 monitoring and its ability to predict potential security breaches before they become critical. By leveraging predictive analytics, AI can analyze trends and patterns in the network to forecast the likelihood of certain events, such as a hack, internal breach or network failure.
These predictions enable cannabis and spirits related companies to take preemptive actions, such as blocking access, adjusting accessibility or recommending additional protocols.
Private Layer-2 Blockchain Network
Private Layer-2 Blockchain: A private or public blockchain network accessible only to those parties the company gives access to with the company being in sole control of permissions.
Security: The security, scalability and efficiency of the private blockchain network will be in line with how the Pecu Novus Network is today. A fortress of immutable and protected data.
Scalability: The scalability depends on the size of the companies network, mTrace is infinitely scalable. Each node fortifies the network’s security further.
Health Checks: The private blockchain periodically pings the Pecu Novus blockchain to further fortify the private blockchain.
Artificial Intelligence: The company would have an additional AI based security layer on top of the private network to avoid unwanted access across the entire network.
Tokenization of Real World Assets
Whether it is for internal use or external, enterprise partners will have the ability to tokenize real world assets such as in the spirits industry, a bottle of wine or collectible spirits, or in the fashion industry, fashion collectibles, or even in the cannabis industry, cannabis related products, making them portable for internal or external use via mTrace.
Some of the benefits include controlled access, customizable permissions, consortium model possible for syndicated groups, customization of rules, regulations and infrastructure, enhanced security for enterprise partners, their distributors and clients. Lastly it is cost effective and very scalable.
Customized Database Integration
