HAT DATA EXCHANGE LTD Infrastructure for Decentralised AI https://hatdex.org Investor deck
Problem Statement
Currently, individuals interact with apps directly and give their data away each time. Although they get a good service in return, they do not get to keep their data and so they cannot reuse or re-share with other apps. Third-party App
Third-party App
Third-party App
Instead, the apps share the data with others or amongst themselves, with their consent
To get analytics, algorithms or machine learning capabilities, apps have to do AI themselves or buy the capability from AI company. The intelligence it creates stay with the company that analysed it. E.g. Alexa or Watson or Google or the app itself
Problem Statement
Traditional Model Third-party App
Third-party App
This Model is inefficient and shuts out many small apps that do not have AI capabilities
Third-party App
Ai Corporations
Our Solution The HAT The HAT microserver is a decentralised personal data storage, processing, exchange and AI for applications on the Internet to give to their customers. HAT owners are individuals with full rights to the data within their HAT microserver
Š 2017 Hub of All Things. Confidential
Your Data
How it works
WRITE DATA
GIVE DATA
HAT App
Your Data
GET DATA
A HAT owner can execute the code with a touch of a button on the HAT app, a special type of app that allows the HAT owner to operate the microservices in the HAT
How it works
Your HAT App
HAT owners can bring the data they have on the Internet into their HATs with Data Plugs. Plugs are third party services that help HAT owners grab a copy of their data from other companies and push it into their HATs. Data plugs do not ever see or hold HAT data.
Your Data
G ET
Plugs
DA TA
DATA PLUGS Social, Calendar, Payments, Photos, Health data
How it works Apps
Third-party App
GIVE DATA Data Debits
Your HAT App
Since it is the individual that control their HAT, it means the HAT microserver can act like a universal user account, or a private data account for apps, but with the individual in control. Data is given from the HAT through a data debit.
Your Data
Third-party App
With a HAT micro server, HAT owners get to keep the data and can re-use and re-share the data with other apps
How it works
Third-party App
Third-party App
Apps can build in the ability for the individual to operate the microservices in the HAT within their own app
Third-party App
Businesses like this because they can ask the individual, their own customers, for more data instead of asking third parties. All they have to do is give their customers a HAT
How it works
Third-party App
Third-party App
Third-party App
The HAT Microserver is also equipped with a Smart HAT Engine
How it works
Tools Algorithms / Analytic Tools
WRITE DATA
The Smart HAT Engine can take on new AI tools like algorithms, analytics and bots into the HAT. These tools have been pre-trained, and do not take any data out of the HAT.
These tools, once installed into the Smart HAT engine, analyses HAT data and create insights and new data that only goes back into the HAT. Tools make the HAT smarter
WRITE DATA
How it works
Third-party App
Data Debits GIVE DATA
Third-party App
Your Data
Third-party App
The HAT owner can share the new data with other apps the normal way like all other HAT data (through a data debit)
The HAT owner can also view the new data generated by SHE in their HAT app to give them more insights into their digital life, health and activities
WRITE DATA
Your Data
HATs are disruptive because companies (and everyone, really) need machine learning, predictive analytics, and personalisation (i.e. AI) if they want to compete. With HATs, instead of getting AI from large tech companies, they can get it from their own customers, if they give them a HAT.
Tools
Third-party App Apps
Third-party App
Data Scientists that install their tools into HATs get rewarded with royalties when an app uses the data or insight generated
Third-party App
Over time, more plugs and apps give more data that will fuel more tools that would will create more data that will fuel more apps! The HAT becomes more intelligent, the HAT data become more precious, and the individual become more valuable!
Plugs
Our best data scientists get rewards! Tools Algorithms / Analytics
Apps
GET DATA WRITE DATA
GIVE DATA Third-party App
Third-party App
Apps from organisations get better too, without being creepy
Try the HAT app and see the TOOLS, APPS and PLUGS and the Feed of the HAT owner’s Digital Life https://hatters.hubofallthings.com
HATDeX is the commercial organisation that built services around the open sourced HAT so that organisations can issue HATs to their customers and the data that individuals own can be moved around and ‘spent’ on personalisation, recommendations and insights.
HAT Microservers commercial deployment is on HATDeX platform infrastructure
Business Plan and Targets Bulk Basic HATs and Data Brokerage • Existing customers: Bolt.Global, Bounce, Padoq, Maven, TATA Motors, Xtiva • Partnership Programme aimed at creating network effects • Basic HATs are free, API calls cost 25p/1k • Premium HATs (with AI) £2.99 per month • Targeting: • 5 businesses, • 10,000 HATs • repeating revenue stream • repeating user activity
Premium HATs and SHE data • Data ready to be used by algorithms • Creating valuable signals and insights • Value added API calls cost $2/1k • Targeting: • 20 businesses • 50,000 HATs • repeating premium revenue stream • scaling up tools, apps and plugs
‘Buzz’ across a network of 50,000 HATs and 10+ different apps Ready for Series A in September 2019 © 2017 Hub of All Things. Confidential
The HAT Accelerator catalyses new apps, tools and plugs through entrepreneurship and partnership programmes
The HAT Ecosystem
HATDeX platform infrastructure
HATLAB is the centre for research, learning and policy for HATs and the personal data economy
The HAT Community Foundation governs the whole ecosystem - the certification of tools, apps and plugs, legal terms and conditions and regulating good behaviour on the technology platform
The Team Supported by
Technology Dr Irene Ng Founder Chairman, economist, marketing Andrius Aucinas Founder CEO & Engineer
/ Augustinas Markevicius Full-Stack developer Marios Tsekis Mobile developer, iOS
Š 2017 Hub of All Things. Confidential
ÂŁ70m HAT Accelerator Innovation Fund for startups and scale-ups integrating with HATs
Raising £500k to:
Gain traction through supporting MVPs and Proof of Concepts from the HAT Accelerator
HAT Data Exchange https://hatdex.org About HATs https://hubofallthings.com The HAT Community https://hatcommunity.org
Achieve revenues & yields with SHE data from AI Tools installed into SHE
Raised to date: • Community Round, July 2016 - £120k at £2M valuation • Pre-Seed Round, March 2017 - £300k at £5M valuation
© 2017 Hub of All Things. Confidential
Humayun Sheikh (founding DeepMind investor)
Based out of Cambridge and London, U.K
The HAT was first created from an RCUK grant in 2013 with Professor Irene Ng as the lead. Since then, more than ÂŁ10m grant funding have been awarded to continue the research, as well as private investments into HATDeX for the commercial operation