The braincoin software and homonymous token are an example of experimental technology in the cryptocurrency world. Users can send and receive payment anywhere in the world anonymously. The transactions are managed and verified by the network only, without any third parties involved. Here comes the interesting part – the idea of the platform is to create an interface that can gather knowledge. That knowledge will be used later to train AI devices to share the learned information, much like Wikipedia, with the whole process and data being controlled by the community itself. An open source platform for an open knowledge society. The Brain token is the means to a marketplace for AI tasks that can facilitate everyday life – speech-to-text apps for sending messages on the go or dictating the grocery list while driving, instead of writing it down. Users can obtain the brain coin by either purchasing it or by lending their computer power to the network. This way developers of AI apps can have access to additional CPU power to run their applications and projects. The lenders get ‘rent’ in the form of tokens and opportunity to take advantage of the apps.

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