Three patent-pending innovations address issues of privacy, false alarms, self-calibration, and affordability.

Dai considered his first b-money solution impractical, however, "because it makes heavy use of a synchronous and unjammable anonymous broadcast channel," he explained in his proposal.

The skinny: Wei Dai is at the forefront of the effort to bring artificial intelligence into the mainstream. Working at Petuum, he’s directing a team of engineers with the goal of creating an AI ...

Ofo founder and CEO Dai Wei. [Photo/IC] It's possible that Ofo could be acquired or merged in the future; however, bankruptcy is impossible, The Paper reported citing Ofo founder and CEO Dai Wei.