Recently you may have seen the Spielberg Movie “Ready: Player One”. The film takes place in 2045, when much of humanity uses the virtual reality to escape the real world. In the movie we can see the use of various “Avatars” and its applications in the gaming world called OASIS. In the movie the Avatars act as the alter-ego of the player and performs various acts on his/her behalf in the Virtual world. Watching that movie I felt Is it possible to develop that type of technology “. Well Project Pai (PAI) has done exactly that . In the movie the avatar application is just confined to Gaming, where as Project PAI has plans to implement use of AI beyond that !!
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. As per the Whitepaper Project PAI which is currently trading in Huobi can be defined as
Project PAI is developing an open-source, blockchain-based platform designed to allow everyone to create, manage, and use their own Personal Artificial Intelligence (PAI). The PAI Blockchain Protocol (PAI blockchain) enables a decentralized AI economy where application developers can create products and services that will be beneficial to the PAI ecosystem and users can contribute their PAI data to improve and enhance the platform’s AI neural network. In addition, companies and developers can easily create their own token on top of the PAI blockchain to facilitate interaction and transaction in their own unique experiences. The focal point of all interactions on the PAI blockchain are PAIs — intelligent 3D avatars that look, talk and behave just like their human counterparts, made from the digital profiles of the user’s online behavior.
To put this in a nutshell “Project PAI is a decentralized platform for intelligent avatars made from your own online personalities. It will be a 3D twin of yourself that looks, talks, and acts like you which will perform activities on your behalf”. Harnessing the power of blockchain , All you personal data will be stored and secured by its own mainnet ensuring the security of your data. Not only that users will be compensated with PAIcoins for carrying out various activity in the blockchain as well
Sounds interesting !! Lets first see how you create your own PAI
All start when user takes a selfie with a smartphone .A PAI bearing user image will be generated in the mobile device. Then the user programs or rather train PAI to record his own voice which enables their PAI is user’s voice. All these data will be passed on ,which will be authenticated on the PAI blockchain using Proof Of You process.
To understand more about AI economy which PAI is envisioning, we should first understand Proof of You (PoY). “PoY is the process by which the creation of each PAI is confirmed to be initiated and carried out by the person whom the PAI represents”. The PoY process important as it will ensure that no PAI is created using another person’s identity, and that users maintain control and usage of their PAI. Once PoY is authenticated , then only PAI will be registered on the blockchain.
Similar to Bitcoin ,PAI has option to mine PAI coin. For each validated transactions (PoY) miners will be awarded PAI coins. Similar to Bitcoin Project, PAI uses Proof of Work (PoW) procedure. When a solution is found, miners receive PAI Coin as compensation. 30% of the supply of PAI Coin has been allocated to miners.
Project PAI envisions that the AI Economy is the future . As per them each of us has an enormous volume of digital assets that can be refined with AI to support a new type of digital economic system. In this platform, every person’s AI asset is a node on a network, where these nodes cooperate with each other to build up value and are compensated for their actions. The higher the contribution to the network, the greater the compensation. It is an AI economy that is built by the people, for the people, with the people.
Lets now have a in dept look of four PAI principles which it is built upon
Identical & Realistic Representation
PAI will be a representation of the original owner — it will look like the owner, sound like the owner, and behave like the owner. The more data an individual contributes to their PAI, the higher the accuracy and reflection of likeness there will be for her and for the other community users.
Verification
The identity of the PAI can be verified for trust through its own blockchain protocol. The data and experiences created, developed, and submitted by people or developers can also be verified for trust through the blockchain protocol. Anyone who helps verify through the blockchain is compensated with PAI Coins.
Delegation
PAI can operate on the owner’s behalf and with of course permission from the owner which opens greater opportunities in the humanistic information economy. PAI will be enabled to go out and create relationships with other parties, and will be able to perform duties that a user cannot, either from their lack of ability or from time constraints. All the control of PAI belongs solely to the owner and not any other entity.
Collaboration
PAI are designed in such a way that any person will be able to simply create their PAI and instantly deploy it into any experience, joining a community of PAI users with similar taste. The community thus collectively contributes to the evolution of the entire PAI ecosystem — the more a person uses their PAI and contributes data to Project PAI, the faster, smarter and more useful everyone else’s PAI will become.Sound all great.
Now most of us will be wondering how are these Avatars will be useful in real life scenario.
Lets take a simple example of a Working mother with a small child. Think that she is travelling for Business Purpose and the child want her presence as well. With the help of PAI she can be present in the house and take care of the baby like reading a bedtime story or singing a song to make the baby sleep etc and on the other hand she can take care of the Professional life was well .
In a more advanced level PAI use-case can be in field of Medical Field , Represent the user in a group meeting, to be a Personal assistant , Shopping for the user , various social level activities like Dating, Job Search , Voice Chat, Emoji Stickers etc
While speaking about the Project PAI, Its important to understand about ObEN as well. Project PAI is working alongside with ObEN to develop the PAI Network and blockchain protocol. As a leader in personal artificial intelligence technologies, ObEN will be able to provide the necessary tools for harnessing personal data into intelligent avatars. Allied in values and ideals for the future of AI, ObEN is Project PAI’s first contributing innovator and early adopter of the Project PAI Blockchain
The team in Project PAI is not so much disclosed but we know that Alex Waters is Project PAI’s Technical Advisor. Alex was an original member of the Bitcoin development team, and is renowned in the crypto and blockchain community for his work on Bitcoin as well his role in co-founding Coin.co and Coin Validation
Around 35% of them have been sold to the public and 30% will be in mining pool to be mined. Currently 55% of the tokens are in circulation.Currently Project PAI is traded in Huobi with ETH and BTC trading pair. If you dont have an account you can create here in order to own some.
Currently Blockchain is in its nascent stage and each day we can see the how interest in the blockchain projects are growing day by day. In AI space we can safely say Project PAI is currently the forerunner that really have real life impact applications. It’s current competition we can say is SingularityNET but both Project have different focus points.
In my perspective Virtual Reality holds lots of Promises and AI is already started being part of our life even tough most of us are not aware of it. As an investor the factors giving me confidence to invest in this project is the team and partners behind it as well as the promise to see my own PAI performing acts on my behalf.
One more factor which gives me confidence in the project is that its been traded in a reputed Exchange , Huobi which has no nonsense approach towards selecting the project to be listed.
Remember that speculating on anything is a risk, I am not telling you what to do with your money or giving financial advice.
