Data Privacy Transformation: ForU.AI Introduces Blockchain And AI Integrated Technology

Photo: Special

JAKARTA - ForU.AI, a technology company dedicated to changing data privacy and security, announced the launch of a technology designed to address personal data management and security issues in the Web2 and Web3 ecosystems.

In the Web2 ecosystem, personal data leaks continue and most recently are leaks at the National Data Center which have a significant impact on the national economy. The large number of security gaps in the Web2 ecosystem has made many people start to think about switching to technology in the Web3 ecosystem.

Former CEO and Founder of Tokocrypto, Pang Xue Kai, said that he founded ForU.AI to present a solution that solves various data leakage problems that harm personal data owners. According to him, the Web2 ecosystem does not allow private data owners to have manage and control their data.

ForU.AI comes in the midst of an increasingly mature Web3 ecosystem, seen from its various technological improvements, such as Layer 2 protocols to user-friendly decentralized applications (dApps). In Indonesia, Web3 technology adoption is also not only limited to crypto trading but has also entered the aspect of digital asset management, Decentralized Autonomous Organizations, to demotizing personal data," Kai said, in his statement, Tuesday, August 27.

At the beginning of its emergence a few years ago, the Web3 ecosystem and the existing technology are still in the early stages. Although there is a lot of innovation and enthusiasm, the Web3 ecosystem is still filled with various experimental projects, limited to following hype, to speculative.

Now, the Web3 ecosystem is different from the more massive technology adoption, the amount of investment, and its supporting ecosystem. Web3 is no longer limited to crypto. The principles of decentralization, transparency, and user control have begun to be implemented in various industries, ranging from finance and art to supply chains and social media.

Along with the massive adoption of Web3 technology, ForU.AI also presents solutions that allow users to manage and monetize data according to their will. ForU.AI is built with a user-centered economy building mission, making data a power that respects user rights, appreciates their contribution, and empowers their digital life.

ForU.AI is the first company to combine blockchain technology, artificial intelligence (AI), and Decentralised Identity ( DID) to facilitate interoperability of personal data across Web2 and Web3 environments, including data exchange on e-commerce platforms, insurance, AdTech, SocialFI, NFT, GameFI, and others. The inclusion of this technology also ensures secure data transactions and privacy.

Through ForU.AI, I want to build an ecosystem where every individual has full control over their data and can use it for the benefit of each individual. With blockchain, AI, and DID technology, we want to ensure that every decision and service we offer is completely user-centered, providing a personalized experience and in accordance with their preferences on various digital platforms," Kai said.

Owners of personal data monetizing their data according to their respective preferences will receive incentives in the form of ForU.AI Tokens (FUT) which have real monetary value and can be exchanged in the crypto market.

Currently, ForU.AI continues to develop its user base through various initiatives. One of them is by developing gamification through the Telegram application mini-app which is starting to be widely used by users in Indonesia, after the emergence of Hamster Combat to NOT Coin.

ForU.AI's mini-app Telegram not only helps build communities, but also complements ForU.AI's digital identity system and tokens. By using these mini-apps, users can connect X (Twitter) accounts to get digital avatars based on user properties and interests analyzed according to user habits on social media.

Through this mini-app Telegram, users can collect coins by completing a request, playing games, and sharing a referral code. The coins collected look forward to being exchanged into tokens after ForU.AI listings on crypto exchange platforms.

In addition to obtaining digital avatars and tokens, users can also get various insights analyzed by AI technology based on personal data from each user. In the future, ForU.AI will provide a disclosure feature that provides AI analysis of various aspects of user life, such as career, health, personal relationships, insurance products, to become the center of a library for the user community.

Since launching the Beta application, ForU.AI has more than 30 thousand users with 30 thousand daily active users (DAU) through the platform For You.AI. ForU.AI actively continues to build collaborations with Web2 and Web3 ecosystems, such as Tokocrypto, Untukmu.AI, Safepal, Reku, Mindblowon, Nvidia, IBM, and Microsoft.

Recently, it was under the umbrella of For you.AI, as an affiliated company, ForU.AI was selected as one of the 10 startups that received guidance by SSI x IBM in the KOMINFO program.

ForU.AI is also working with PolygonID, TON Blockchain, and TOP Network to bring this innovation to the real world, creating a strong and collaborative ecosystem to encourage Web3 technology adoption in various sectors, including in the AI industry. Currently, ForU.AI continues to develop collaboration by exploring the potential for cooperation with the best crypto exchange platforms.