PTRN is a groundbreaking project leveraging AI computer vision and blockchain technology to establish itself as the global currency for location data. Its first native app is designed to enable users to effortlessly earn tokens while driving, simply by going about their daily routines.
PTRN has evolved from its native PATHEARN ecosystem (https://pathearn.ai) and its vision is to address the global shortage of the fuel that powers the future digital economy – data. With plans to contribute to the 100 billion data and analytics market, PTRN recognizes the immense value of data for successful businesses worldwide. Currently, much of the real-world data exists in a predominantly digital form, but it is either inaccessible or monopolized by large corporations.
To tackle these challenges, PTRN’s goal is to create the world’s most extensive distributed geolocation database, which will fuel statistical and AI-based algorithms, leading to positive transformations for our planet. The PTRN ecosystem harnesses the potential of Artificial Intelligence (AI), IoT and blockchain technologies, enabling real-world digitalization and data harvesting. Thanks to its unique rewarding system and stringent privacy protection measures, PTRN’s data gathering rate is approximately 10,000 times more efficient than existing competitive solutions. The ultimate aim is to contribute to a better world through responsible data usage and innovation.
PTRN represents the next stage in the global expansion of PATHEARN, an economic solution that has previously operated with a relatively low profile. PATHEARN has already gained recognition from users in over 30 countries, primarily in Europe, and continues to experience steady adoption growth in terms of both geographical coverage and its user database.
Various businesses across different industries are already reaping the benefits of PATHEARN’s statistical data and predictive services. These include road mapping and digitalization, navigation and routing services, infrastructure planning, environmental protection, insurance, marketing, healthcare, smart city management, retail and fleet management. The collected global data is used to develop these services, contributing to the enhancement of businesses and services worldwide. PTRN aims to tackle the significant industry challenges voiced by digital communities worldwide. These challenges include the absence of a dependable and current digital representation of the surrounding environment and the need for fair rewarding to the data harvesters without compromising personal and private data.
Data is gathered through PTRN’s ecosystem first mobile app, PATHEARN, which is available for free download and usage. The data collection solely relies on visual recognition. An advanced AI technology is deployed on the user’s device, processing all necessary data and filtering out irrelevant objects, areas, or private data attributes within a fraction of a second. No video or general images are processed outside the user’s mobile device.
In contrast to the common perception that major corporations exploit user data without providing substantial value in return, PATHEARN operates differently. It does not accumulate any information about the data collectors, does not profile them or analyzing their movements or daily habits, and does not store data collectors’ location or any related data. Instead, data harvesters are rewarded for their efforts by converting the collected surrounding data into PTRN tokens. This approach ensures a fair and transparent system, empowering users while protecting their privacy.
PTRN’s data collection process adheres to all global and local legal measures for data collection, storage, provisioning, processing, and rewarding. It ensures full compliance with private data legislation and industry requirements, guaranteeing the protection and privacy of users’ data.
To promote widespread adoption of PATHEARN’s ecosystem on a global level, PTRN conducts a $15 million fundraise in phases. The presale’s official launch occurred at https://ptrn.ai in July 2023 and will be followed by a second sale phase at the end of the year.
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