The Project PAI Foundation announced that PAI Coin, the native digital currency of the Project PAI Blockchain, has been listed on HBUS, a leading US cryptocurrency exchange.
Project PAI’s independent blockchain platform is intended to allow users to create, own, and manage their digital identity and the associated data, letting users participate in a new global humanistic AI economy where they are the owners of their own digital identity and data. The listing on HBUS marks another step in Project PAI’s growth throughout the U.S. and global market.
Headquartered in San Francisco, HBUS is the exclusive U.S. strategic partner of Huobi, the fourth largest cryptocurrency exchange by volume. Earlier this year, PAI Coin launched on Huobi to record-breaking demand. Employing Huobi’s advanced technology, including secure offline cold storage and a web platform protected by distributed architecture, HBUS opens up trading options to the U.S. market.
Project PAI’s vision is to create a platform where everyone can create their own Personal AI, intelligent digital avatars that look, sound, and behave like them. With PAI, users can have more personalized digital experiences, including using their PAI for social media content, or interacting with the PAI of their doctors, teachers, or even their favorite celebrities across a number of applications in retail, entertainment, travel, and more. The core technology for the avatars is powered by Project PAI early-adopter ObEN, a leading artificial intelligence company based in Los Angeles, CA.
PAIs are secured and authenticated on the Project PAI blockchain. The intention is to always allow the user to be the owner of their own data, and if they choose to contribute that data to improve applications or AI algorithms on the PAI blockchain, they can be compensated for their efforts in PAI Coin. In addition, as an open-source public blockchain, companies and developers can create their own apps and tokens on the PAI Blockchain to build more interactions for the Project PAI community.
ObEN’s use of the PAI blockchain has gained much global attention, including first place at the World Blockchain Summit in Dubai and the Blockchain Visionary award at the recent BlockAwards. ObEN’s work with Personal AI on the blockchain has also earned it a place in prestigious accelerators worldwide including the Dubai Future Accelerator, SoftBank Innovation Program, as well as a joint venture with SM Entertainment (Korea’s largest entertainment agency) to create the PAI of many kpop stars and actors under their management.
Already this year, Project PAI has launched both its mainnet and GitHub. A third-party developed digital wallet for PAI Coin, called PAI Up, is also available globally on both iOS and Android. The project has recently expanded into the Southeast Asia, UK and European markets, following solid presence in China, Japan, Korea, and the US.
PAI Coin was listed on HBUS on October 10, 2018 and trading began on October 11, 2018.