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About VAIOT
VAIOT (VAIOT) combines AI and blockchain to provide AI Assistants and Intelligent Contracts for businesses and consumers, focusing on insurance and legal services. Its AI Tokens, regulated under Maltese law, are audited by Grant Thornton and the Malta Financial Services Authority. VAIOT partners with IBM, using IBM Watson to enhance development. VAIOT Tokens, essential for platform operations, facilitate user engagement and are used for payment, voting, fee reductions, and staking. They are compatible with Ethereum and Polygon networks and are part of VAIOT's ecosystem, which includes a custom private blockchain built on Polygon Edge.
VAIOT is a blockchain-based platform that integrates Artificial Intelligence (AI) to provide innovative services, including secure and efficient contract management, customer service, and data analysis. The platform uniquely combines AI with blockchain technology to automate the creation and execution of intelligent contracts, leveraging the VAIOT Code Generation Engine (VCGE) for automatic conversion of abstract descriptions into executable programs. It employs AI algorithms, including natural language processing, to enhance the creation process and ensure high security and performance of contracts.
VAIOT's ecosystem serves multiple purposes across various sectors:
- AI-Backed Legal Tech Solution: Offers a virtual legal assistant, VAILawyer, that simplifies the generation of legal contracts without requiring legal or technical knowledge from users. The platform's AI utilizes a vast legal database to ensure contracts adhere to the best legal practices.
- Digital Service Distribution Channel: Introduces an intelligent service distribution channel for businesses, focusing initially on the insurance industry to automate sales and services channels, thereby enhancing customer experience and reducing costs.
- AI Crypto Protection Broker & Aggregator: The VAIOT Broker Platform secures digital assets, allowing users to store, trade, and stake assets in a non-custodial environment while connecting them with suitable protection products.
- Intelligent Contracts: Combines blockchain and AI to improve business and daily processes, allowing users to create Intelligent Contracts using a user-friendly interface. These contracts automate the execution of agreed terms without needing legal expertise.