Project PAI Launches Mainnet for World’s First Blockchain-Based Network for Personal AI
Jul. 06, 2018
SAN FRANCISCO--(BUSINESS WIRE)--Jul 6, 2018--The Project PAI Foundation is excited to announce the launch of the PAI Mainnet — its independent blockchain platform that allows users worldwide to create, own, and manage their own digital identity and data, allowing everyone to participate in a new globalized AI economy.
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Project PAI launches the PAI Mainnet (Graphic: Business Wire)
Project PAI’s vision is to enable everyone in the world to create their own Personal AI (PAI), an intelligent digital avatar that looks, sounds, and behaves like them. The core technology for these intelligent avatars is powered by ObEN, a leading artificial intelligence company based in Los Angeles, CA. As an early adopter of Project PAI, ObEN uses blockchain to secure and authenticate the PAI’s created by the users of its applications. These PAIs can be used in all aspects of everyday from healthcare to social networking, and travel, retail and entertainment.
As participants on a decentralized system, it is intended that control of personal data gathered on the PAI blockchain will belong to the user, as opposed to a singular entity or corporation in a centralized system. The PAI Blockchain is ultimately designed to allow users to control their own data assets and to be compensated for contributing their PAI data to improve the platform’s AI algorithms or help app developers improve their products.
“In most of today’s centralized platforms, user access and control of their own data is generally dictated by major corporations or service providers,” said Alex Waters, Project PAI Technical Advisor. “The PAI Mainnet launch is a major step forward in turning the tide, allowing users better control and access to their data through a mechanism for data exchange that takes advantage of the immutable, decentralized nature of the blockchain coupled with the speed and security of a torrent network.”
Using the PAI Mainnet Explorer, users can view contents of the blockchain, check PAI Coin transactions, monitor network hashrate and difficulty, and check total coin supply.
To learn more about Project PAI visit: projectpai.com
About Project PAI
Project PAI is an open-source blockchain project developing the world’s first blockchain-based platform for intelligent 3D AI avatars. Personal AI (PAI) looks, talks and behaves like the individual user, and when secured and authenticated on the blockchain, allows for unprecedented customization, utility, and personal data control. With communities worldwide, and adopters including leading US AI company, ObEN, Inc, Project PAI is rapidly advancing its vision of allowing everyone in the world to participate in the new global humanistic AI economy. Learn more at projectpai.com
View source version on businesswire.com:https://www.businesswire.com/news/home/20180706005417/en/
CONTACT: Project PAI
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT VENTURE CAPITAL INTERNET OTHER TECHNOLOGY PROFESSIONAL SERVICES
SOURCE: Project PAI
Copyright Business Wire 2018.
PUB: 07/06/2018 04:00 PM/DISC: 07/06/2018 04:01 PM