The Blockchain world has taken everything by storm. Many projects are seeing the daylight every passing moment that otherwise would have ended up nowhere. Aside from Blockchain itself, part of the reason why we are seeing projects coming up everyday is because the Funding have become easier than we could have ever imagined.

In the race of getting everything on Blockchain the AI - Artificial Intelligence industry is nowhere behind. Previously, I have introduced you to Cindicator. Today, I would like to grab your attention for a while to WizeBit.

Introducing WizeBit

Wizebit is a company working on the WizeBit Blockchain - basically the foundation to building private, decentralized data solutions for personal and enterprise-level applications.

WizeBit is developing an all-in-one solution for home automation and security named as WizeBox. It is a cyber protected control center that encrypts all your data from smart devices, home Internet of Things, storage etc. into an anonymous Blockchain profile that only you, the user, can unlock.

Wizebit, the brainchild of Roman Tykhovksky, is inspired by home personal assistants like Siri, Alexa and Cortana. However, the CEO Roman has spent years creating a smart personality which surpasses the preliminary technology of the first generation of AI helpers.

Meet Luna - Your Personal Digital Assistant

Luna is a blockchain enabled Digital Assistant that operates on your behalf and not the WizeBit that made her. She uses AI - Artificial Intelligence to learn what you want and predict what you might need. Luna is Built on an open source Software Development Kit, she can also learn through the WizeBit community, which is incentivized with Wize Tokens to develop her skills.

Luna uses your private key to build your behavioral patterns so no one really knows who owns the device or keys. Here's a little imaginary demo between Luna and Users on how it would work, feel free to check out here.

Luna is to WizeBit, as Siri is to Apple

What Problem Does WizeBit Solve?

Problem Statement

Everyone value privacy, we’ve kept our personal conversations private and information about our habits to ourselves. Yet, with the growing use of social media platforms, we post the most private details on Facebook for the world to see. Which is a conscious effort and we are fine with that.

But what about troves of our very personal data collected by the various devices we use, from credit cards to cars. Smart home devices are no exception. Even more so, these devices have access to information about your whereabouts, and every habit at home. Like to get up in the middle of the night to visit the bathroom (or kitchen, no judgement here)? Do you want advertisers to know about this?

Our data is sold to dozens of companies for their campaigns without any explicit permissions on your part. I am pretty sure each of your email inboxes are filled with offers and some weird ones.

For example, I recently came to know that I receive a lot of Offers from Jordanian Universities, Institutions and Companies. And I almost got tired of unsubscribing to their lists - which I never subscribed in the first place. So I did some digging and find out that I have about 3000+ friends from Jordan on my LinkedIn Profile.

So, what may have happened is that, LinkedIn traced my behavioral patterns and sold my data to Jordanian companies as a Potential Lead.

How is WizeBit Different?

The prime difference is that on WizeBit all users are encrypted and securely stored on the Blockchain and not sold to third parties for profit. As said above, we have seen that user data on the other platforms are not subject to such privacy protocols.

CEO Facebook Mark Zuckerberg, recent Testimony before Congress validates the subject even more.

I think, that's pretty much it. Let me know if you have any questions. I will be happy to answer or you may visit the Whitepaper Here.

Here's a short video that should help in understanding better.

Sources and Credits: https://www.wizebit.com

Disclaimer

This is merely an introductory post. And in no way trying to lure you into buying. If you wish to do so, good for you. Otherwise, you can still use the platform for free anyway. As you can see, its a cool project.

~Thank you for reading~