Can VAIOT (VAI) make money from Virtual Assistants?

VAIOT (VAI) claims to offer a portfolio of blockchain-based artificial intelligence (AI) assistants.

They claim these Intelligent Virtual Assistants can provide legal services by creating intelligent contracts, or smart contracts. To explain, a smart contract is a digital robot or app that performs a service on the blockchain. For example, an insurance smart contract could issue payments to a user. Consequently, VAIOT claims the virtual assistants can generate smart contracts fast.

Vaiot also serves as an intelligent digital channel for business transactions. The Virtual Assistants execute those transactions on the VAIOT blockchain and use VAI tokens for payment. For example, VAIOT could serve as a distribution channel for digital goods and services.

What is VAIOT (VAI)?

VAIOT (VAI) is a personal assistant available on smartphones and other mobile devices as an app. They claim VAIOT offers a simple natural user interface and can communicate with users by voice.

Thus, VAIOT resembles Amazon’s (AMZN) Alexa and Apple’s Siri personal assistants. Conversely, I think VAIOT also serves as a digital salesperson and customer service agent for business. They claim VAIOT will be available 24 hours a day, seven days a week, and 365 days a year.