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VAIOT news
About VAIOT
VAIOT was founded in 2018 and combines artificial intelligence and blockchain to create new ways of digitally accessing services and securely concluding legal agreements using a natural user interface. Project is regulated under the Virtual Financial Assets regulatory framework in Malta since 2020. Our company, the project, and the token offering itself were audited several times, verified, and approved by Grant Thornton and the Malta Financial Services Authority (MFSA).
VAIOT enables both businesses and consumers to utilize a set of technologies called Intelligent Contracts. It serves as a personal assistant, available on mobile devices via a simple natural user interface providing AI-based legal services. The company also offers a novel, intelligent service-distribution channel that empowers businesses to adapt to modern customers by providing a new way of accessing services. For more information go to www.VAIOT.ai.
What is VAIOT?
VAIOT represents an innovative blend of artificial intelligence (AI) and blockchain technology, established in 2018 with the aim of transforming how services are accessed and legal agreements are concluded digitally. This project is notable for its development of Intelligent Contracts, a technology designed to streamline and secure the process of creating and executing contracts through AI assistance.
Operating from Malta, VAIOT has positioned itself within the regulatory framework for Virtual Financial Assets, ensuring compliance and security for its users since 2020. The project has undergone multiple audits and verifications, receiving approval from reputable entities such as the Malta Financial Services Authority (MFSA) and being audited by Grant Thornton, which underscores its commitment to transparency and regulatory compliance.
At the core of VAIOT's offerings are blockchain-based AI Assistants, aimed at both businesses and consumers. These assistants facilitate automated services, making it easier for users to access AI-based legal services through a natural user interface. This innovation not only simplifies the process of engaging with legal and service contracts but also enhances accessibility through mobile devices, catering to the modern consumer's needs for efficiency and convenience.
Furthermore, VAIOT introduces a novel service-distribution channel that allows businesses to adapt to the evolving demands of customers, offering a more intelligent and automated way of accessing services. This approach reflects a significant shift towards digital transformation in service delivery, leveraging the strengths of AI and blockchain to offer secure, efficient, and user-friendly solutions.
How is VAIOT secured?
VAIOT integrates multiple layers of security to ensure the safety and integrity of its platform and services. At its core, the combination of artificial intelligence (AI) and blockchain technology provides a robust foundation. The use of blockchain not only brings transparency and decentralization but also adds a layer of security through its immutable nature, meaning once data is recorded, it cannot be altered or tampered with. This characteristic is crucial for maintaining the integrity of legal agreements and services offered by VAIOT.
Further enhancing its security, VAIOT employs zk-SNARKs, a form of zero-knowledge proof technology. This allows for the verification of transactions or data without revealing any sensitive information, ensuring privacy and security for users. Additionally, the platform utilizes advanced encryption algorithms and secure protocols to protect data in transit and at rest, safeguarding against unauthorized access and cyber threats.
Regulatory compliance is another key aspect of VAIOT's security measures. Operating under the Virtual Financial Assets regulatory framework in Malta since 2020, VAIOT adheres to stringent regulations and standards. This compliance is not only a testament to VAIOT's commitment to security but also provides users with an added layer of trust and confidence in the platform. The project, company, and its token offerings have undergone multiple audits, verifications, and approvals by reputable entities such as Grant Thornton and the Malta Financial Services Authority (MFSA), further solidifying its stance on security and regulatory adherence.
How will VAIOT be used?
VAIOT is positioned to transform the legal sector by integrating artificial intelligence (AI) with blockchain technology. This innovative approach aims to automate legal services, making them more accessible and efficient. By leveraging AI, VAIOT offers intelligent contracts, which are essentially digital legal agreements that can be created, executed, and managed through the use of AI. This technology enables users to interact with legal services in a more intuitive way, using natural language processing to facilitate communication.
The platform's use extends beyond just the creation of legal documents. VAIOT also incorporates a payment system within its ecosystem, allowing transactions to be conducted with its native cryptocurrency. This feature not only facilitates seamless payment for services but also enhances the platform's utility by integrating a financial transaction layer.
Moreover, VAIOT introduces a dispute resolution mechanism, which is crucial for managing conflicts that may arise in the execution of intelligent contracts. This feature underscores the platform's commitment to providing a comprehensive legal service that addresses potential issues proactively.
Another key aspect of VAIOT is its reward system, designed to incentivize users to engage with the platform. By participating in the ecosystem, whether through using VAIOT's solutions or contributing to the network, users can earn rewards. This approach encourages active participation and helps to grow the platform's user base.
Founded in 2018 and regulated under Malta's Virtual Financial Assets regulatory framework since 2020, VAIOT ensures a high standard of compliance and security. The project has undergone multiple audits and verifications, including those by Grant Thornton and the Malta Financial Services Authority (MFSA), providing users with a level of assurance regarding its operations.
What key events have there been for VAIOT?
VAIOT has marked its presence in the blockchain and cryptocurrency landscape through a series of significant events that underscore its innovative approach to integrating artificial intelligence with blockchain technology. Since its inception in 2018, VAIOT has been at the forefront of creating a platform that leverages these technologies to revolutionize how services are accessed and legal agreements are concluded digitally.
One of the foundational milestones for VAIOT was the launch of their platform. This pivotal event showcased their commitment to providing a seamless interface for users, facilitating the easy conclusion of legal agreements and access to services through AI. The creation of their repositories further exemplifies VAIOT's dedication to transparency and community involvement. By making their resources available, VAIOT has encouraged the community to contribute to the project, fostering a collaborative environment for development and innovation.
In addition to these developments, VAIOT's engagement in the regulatory landscape of Malta has been a key aspect of their journey. Since 2020, the project operates under the Virtual Financial Assets regulatory framework in Malta, demonstrating their commitment to compliance and security. This regulatory approval, coupled with audits and verification by reputable entities, underscores VAIOT's reliability and dedication to providing a secure platform for users.
Moreover, VAIOT's efforts to remain at the cutting edge of technology and industry trends are evident in their participation in upcoming events and conferences related to cryptocurrency and blockchain technology. These include the launch of the AI Legal Assistant v.2.0 Beta, which represents a significant step forward in their offering of AI-based legal services. Participation in various conferences also highlights VAIOT's role as a thought leader in the space, contributing to discussions on the future of blockchain and AI integration.
VAIOT's journey is characterized by a continuous effort to innovate and provide value to both businesses and consumers. Through the development of Intelligent Contracts and a novel service-distribution channel, VAIOT is paving the way for a new era of accessing services digitally. Their approach not only enhances the efficiency and accessibility of legal services but also opens up new avenues for businesses to engage with modern customers.
Who are the founders of VAIOT?
VAIOT, established in 2018, is the brainchild of Christoph Surgowt and Michal Szachno. This innovative project merges the capabilities of artificial intelligence (AI) and blockchain technology to revolutionize the way services are accessed digitally and legal agreements are securely executed. The founders aimed to create a platform that leverages AI to offer a natural user interface, making it easier and more intuitive for users to engage with legal services.
Under the leadership of Surgowt and Szachno, VAIOT has positioned itself within the regulatory framework of Malta's Virtual Financial Assets (VFA) since 2020. This strategic move underscores the project's commitment to compliance and security, ensuring that it adheres to the highest standards set by regulatory bodies. The project, including its company and token offering, has undergone rigorous audits and verifications by reputable entities such as Grant Thornton and the Malta Financial Services Authority (MFSA), highlighting its credibility and reliability in the crypto space.
VAIOT introduces the concept of Intelligent Contracts, which are designed to serve as a personal assistant for both businesses and consumers. This technology is accessible through mobile devices, offering AI-based legal services through an easy-to-use interface. Furthermore, VAIOT provides a unique service-distribution channel that enables businesses to meet the evolving demands of modern consumers, offering an innovative way to access services.
The foundation of VAIOT by Surgowt and Szachno represents a significant step forward in the integration of AI and blockchain technology. Their vision for a platform that simplifies and secures the process of accessing services and concluding legal agreements digitally is a testament to the potential of combining these two powerful technologies.
The live VAIOT price today is $0.080064 USD with a 24-hour trading volume of $1,031,353 USD. We update our VAI to USD price in real-time. VAIOT is up 6.17% in the last 24 hours. The current CoinMarketCap ranking is #655, with a live market cap of $27,511,403 USD. It has a circulating supply of 343,619,000 VAI coins and a max. supply of 400,000,000 VAI coins.
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