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The idea of VAIOT is born
A group of researchers and technology enthusiasts comes together to work on the technology of Intelligent Contracts and the VAIOT product concept.
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Founding of VAIOT
VAIOT is founded; technology development and the concept creation process accelerate. Development and business teams are formed.
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VAIOT joins the world’s first integrated framework for ICO regulation
The company is incorporated in Malta to become a part of the world’s first integrated framework for ICO regulation.
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VAIOT and Maltese VFA Act
Preparation of all the required documents for VAIOT to become one of the first companies to carry out an Initial Virtual Financial Assets Offering (IVFAO) falling under Maltese regulations.
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VAIOT-IBM project launched
VAIOT and IBM launch a development project to produce VAIOT’s MVP.
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VAIOT’s Whitepaper is registered with MFSA
VFA status to be obtained and the private phase of the token sale to be completed.
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VAIOT’s Initial VFA Offering launched
Initial VFA Offering is launched once the Whitepaper is approved by MFSA.
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VAIOT application MVP presented
The initial phase of the VAIOT-IBM cooperation to be completed.
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Virtual AI Sales Assistant
Business Line 1: tailor-made mobile app for companies seeking new, digital sales channels utilizing the Intelligent Contracts component. Crucial for the development of the AI Legal Assistant (data needed to improve algorithms).
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Virtual AI Insurance Aggregator & Broker
Business Line 2: a B2C mobile app allowing consumers to compare and buy insurance products from different insurers with the use of the voice interface and AI-based Intelligent Contracts developed by VAIOT. Crucial for the development of the AI Legal Assistant (data needed to improve algorithms).
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Virtual AI Legal Assistant for Consumers - Easy Contracts Assistant v1 (MVP)
Business Line 3: a B2C/C2C mobile app enabling consumers (incl. private entrepreneurs and micro/mini enterprises) to create Intelligent Contracts utilizing natural user interface, with advanced AI serving as a personal legal assistant for creating contracts and negotiating them in real-time between the parties involved; to be used for drafting other legal documents (e.g., testaments).
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Microsoft's CLU Integration for AI Legal Assistant
VAIOT integrated Microsoft CLU, Conversational Language Understanding, into its AI Assistant in order to build the user journey through specialized dialogue flows throughout the contract creation experience.
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Polygon Mainnet Launch
VAIOT launches its private blockchain on Polygon Edge while integrating with Polygon's mainnet for its blockchain functions.
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AI Legal Assistant – Legal Research, Compliance and Contractual Design Project with Grant Thornton
Grant Thornton and VAIOT created a dedicated research and development project focusing on the fields of law, compliance, and legal documentation design for the sake of staying at the cutting edge of potential for development of the AI Legal Assistant.
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Contractual Blockchain Intelligence (CBI) - Development and Integration with AI Legal Assistant
VAIOT developed and integrated a mechanism allowing to record the contractual terms from a legal contract created by the AI Legal Assistant directly on the blockchain as part of a smart contract. Such a smart contract is then readable through VAIOT's Contract Reader without the necessity to posses programming skills.
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VAIOT's Contract Reader Development
The frontend application for end-users to use VAIOTs Assistant is simply called the Contract Reader. It Lowers the barrier of entry for the average user, empowering those without the programming, coding, or even blockchain knowledge to decode both the contracts and their terms with ease. Within the Contract Reader, users can even generate onchain data certificates allowing 3rd parties to confirm specific information in a contract without revealing the whole document.
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GPT-4 Integration for AI Legal Assistant
VAIOT's AI Legal Assistant integrates GPT-4 and CLU enabling smooth, in depth, and intuitive conversational flow both in and out contract creation. The database of VAIOT's instance of GPT-4 contains a vast legal knowledge base of the jurisdictional framework of not just Malta, but the EU as a whole.
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zkSNARKs Integration for Contractual Data Privacy and Certification
VAIOT recognizes the significance of zk-SNARKs and has integrated them into its platform. By leveraging zk-SNARKs, VAIOT ensures the confidentiality of sensitive information while providing verifiable proof of knowledge. This groundbreaking approach enhances privacy and security, setting the stage for a new era of secure digital transactions and contract analysis.
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VAI Payback Integration for AI Legal Assistant
VAI Payback mechanism is integrated with AI Legal Assistant payment flows and user accounts allowing users to earn VAI tokens by purchasing services via the Assistant.
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AI Legal Assistant v1 Beta Launch
VAIOT's AI Legal Assistant's first version will include: GPT4, CLU integration, Service Contracts generation, recording contracts on the blockchain, AI-based legal document creation (PDF), crypto payments with VAI, ETH, MATIC, USDT and USDC and more
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Development of VAIOT's CMS DraftFlow Connector
The initial challenge stemmed from the time-consuming nature of implementation tasks, ranging from building knowledge base, training AI, testing NLP (Natural Language Processing), as well as constructing dialogs based on provided documents that utilize NLP and ML (machine learning) technology within our AI Legal Assistant. Given the extensive development plans for the platform, we aimed to relieve our programming team of such tasks. Therefore, we decided to create a Low-Code tool, the DraftFlow Creator, serving as a CMS for the AI Legal Assistant.
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VAIOT Launches Another LegalTech Project with Grant Thornton
With the collaboration of Grant Thornton, a renowned global professional services firm, we’re integrating a diverse range of legal contracts into our AI Legal Assistant. This strategic cooperation aims to equip our assistant with the necessary tools to meet the diverse needs of our users, ranging from individuals to businesses.
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VAIOT's Trademark Registration with EUIPO
VAIOT Ltd is pleased to announce that it has received a Certificate of Registration from the European Union Intellectual Property Office (EUIPO) for its VAIOT trademark. The certification confirms that the corresponding entries for the VAIOT trademark have been officially recorded in the Register of European Union Trade Marks.
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VAIOT AI Legal Assistant V2 Launch
VAIOT’s AI Legal Assistant is a cutting-edge platform that combines artificial intelligence and blockchain technology to provide streamlined, accessible, and cost-effective legal services. New features available in v2 include: enhanced Contract Creation and Contract Reader tools for streamlined legal document handling, New Contract Templates for NDA and POA, Enhanced User Interface, VAI Payback System and New Payment Options, Cross-Platform Responsiveness, Personalized Account Experience.
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Unveiling of Legal Torch - VAIOT's Web2 Legal Tech Solution
Legal Torch’s platform is designed to cater specifically to Web2 users while seamlessly introducing them to the benefits of Web3 technologies. Our continuous collaboration with Grant Thornton, a leader in advisory services, has enabled us to develop a series of ready-to-use, legally sound contracts. The solution is designed to streamline the contract creation process, making it quicker, more efficient, and effortless for both businesses and individuals.
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Unveiling of Decentralized Dispute Resolution System (DDRS) by VAIOT
VAIOT’s Decentralized Dispute Resolution System (DDRS) is a cutting-edge solution that leverages blockchain technology and artificial intelligence to significantly improve the way disputes are resolved. By utilizing smart contracts and decentralized arbitration, DDRS ensures that disputes are handled quickly, fairly, and at a lower cost compared to traditional methods.
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Introduction of VAIOT's Decentralized Law Ecosystem and DeLaw Suite of Solutions
VAIOT uses AI and Blockchain technologies to deliver a set of Legal Tech and Decentralized Law solutions with a mission to democratize legal services by introducing innovation through evolution to the legal sector — integrating tech and expertise of legal professionals. DeLaw Suite of Solutions includes: Legal Torch; DDRS; AI Legal Assistant; ZK-SNARKs Certificates; Contractual Blockchain Intelligence; Contract Reader
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Legal Torch (VAIOT's LegalTech Solution) Market Debut in Malta (EU)
Legal Torch — our revolutionary LegalTech solution set to debut on the European market this year. Starting in Malta as a testing ground, Legal Torch will expand across Europe and globally, adapting its business model to different markets. The revenue model is designed to ensure long-term sustainability and combines pay-as-you-go and subscription-based services to cater to diverse user needs.
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Public Testing of Decentralized Dispute Resolution System (DDRS) V1
VAIOT's DDRS System will be available for open beta testing.
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VAIOT's Legal Torch Goes Live In Another EU Country
Legal Torch, a platform designed to cater specifically to Web2 users while seamlessly introducing them to the benefits of Web3 technologies, is set to debut on another EU-based market. Legal Torch geographical expansion commences.
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VAIOT's DDRS integrated with Legal Torch
Decentralized Dispute Resolution System by VAIOT will be integrated with Legal Torch supplementing it's contract generation and management features with blockchain-based, smart contract-backed transaction creation and dispute resolution capabilities.
EXPECT MORE