What is VAIOT?

VAIOT (VAI) is a digital asset that combines artificial intelligence (AI) and blockchain technology to create innovative ways of digitally accessing services and securely concluding legal agreements. Founded in 2018, VAIOT seeks to provide both businesses and consumers with a set of technologies known as Intelligent Contracts. These serve as a personal assistant, available on mobile devices via a simple natural user interface, providing AI-based legal services. VAIOT also offers an intelligent service-distribution channel that seeks to help businesses adapt to modern customers by providing a new way of accessing services. The project is regulated under the Virtual Financial Assets regulatory framework in Malta and has been audited, verified, and approved by Grant Thornton and the Malta Financial Services Authority (MFSA).

How does VAIOT work?

VAIOT works by utilizing a combination of AI and blockchain technology to create Intelligent Contracts. These contracts are designed to serve as a personal assistant, providing AI-based legal services through a simple natural user interface on mobile devices. The AI component of VAIOT is responsible for generating these Intelligent Contracts through AI-driven conversational flows, focusing on both contract analysis and automatic creation of ready-to-sign, traditional contracts, and their digital equivalents. On the other hand, the blockchain component of VAIOT ensures the security and transparency of these contracts, making them tamper-proof and easily verifiable.

What are the potential use cases for VAIOT?

VAIOT has a wide range of potential use cases, particularly in the realm of legal services and contract creation. For instance, it can be used to generate Intelligent Contracts through AI-driven conversational flows, providing a more efficient and secure way of creating legal agreements. Additionally, VAIOT can serve as a personal assistant, helping users to access various services more conveniently. Businesses can also benefit from VAIOT's intelligent service-distribution channel, which seeks to provide a new way of accessing services, thereby enhancing customer experience and satisfaction.

What is the history of VAIOT?

VAIOT was founded in 2018 with the goal of combining AI and blockchain technology to create new ways of digitally accessing services and securely concluding legal agreements. The project has been regulated under the Virtual Financial Assets regulatory framework in Malta since 2020, and its company, the project, and the token offering itself have been audited several times, verified, and approved by Grant Thornton and the Malta Financial Services Authority (MFSA). Over the years, VAIOT has developed a set of technologies known as Intelligent Contracts, which serve as a personal assistant providing AI-based legal services.