What is PTRN and how does it solve problems?
PTRN, a combination of AI computer vision and blockchain technology, aims to become the global currency for location data. Its first app allows users to passively earn tokens by driving as they normally would. Evolving from the PATHEARN ecosystem, PTRN aims to address the worldwide shortage of data, which is crucial for the future digital economy, and provide the necessary foundations for the data and analytics market. Data is highly valuable to successful businesses, but it is often controlled by large corporations or unavailable in digital form. PTRN aims to create a distributed geolocation database that will fuel statistical and AI algorithms, making the world a better place to live. The PTRN ecosystem utilizes AI, IoT, and blockchain technologies for digitalization and data collection.
Token Overview
– Token name: PTRN
– Token symbol: PTRN/USDT
– Total supply: 300,000,000
PTRN is a utility token for big data and is part of a unique AI-powered decentralized network. It aims to make data accessible, affordable, and transparent by ensuring that data is open. PTRN has properties and use cases designed for two functions: Store of Value and Medium of Exchange. As a store of value, PTRN is backed by data and has a guaranteed minimum value, making it stable even in volatile markets. As a medium of exchange, PTRN will be used for buying, selling, and exchanging data on the PATHEARN platform.
What does the PTRN ecosystem include?
– Data collection: PTRN is designed as a utility token that allows users to earn rewards by capturing location data. PATHEARN is the main contributor to the PTRN ecosystem.
– Gaming: Gaming is another source of location data in the PATHEARN app. It plays a crucial role in user acquisition and motivates users to earn more points. Users can earn points not only by capturing location data but also by playing and having fun.
– IT: AI ML models are developed using historical and real-time data. Solutions can acquire data through PTRN tokens and accept PTRN tokens as payment for analytics and predictive services.
– Blockchain: The ecosystem includes a secure and fair blockchain-based smart contracting system with a native currency, distributed database, and marketplace for certified data. This foundation enables various business scenarios and stakeholders to interact and exchange value.
Future Development
PTRN has established relationships with different location data contributors, resulting in value for each verified data record. To ensure the initial fueling of the PTRN data ecosystem, PATHEARN has established data collection infrastructure that will continuously generate data. This data will be available on the data marketplace and will provide value in PTRN tokens for the system’s development, maintenance, and support. PTRN is already used in industries like healthcare, retail, insurance, geolocation, marketing, AI training, and environmental care, and is open to an unlimited number of contributors.
PTRN Official Media
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