BotChain Wants To Be The Blockchain For Registering Bots

BotChain is the decentralized platform for AI transparency, compliance and collaboration.

BotChain, the decentralized bot registration, identification, collaboration, and audit platform, today announced the launch of its protocol built on the Ethereum blockchain. The new startup out of Boston wants to be the blockchain for registering bots. BotChain has the potential to become a standard way of sharing data between bots in a trusted way.

As the startup describes it, “BotChain offers bot developers, enterprises, software companies, and system integrators the critical systems, standards, and means to validate, certify, and manage the millions of bots and billions of transactions powered by AI.”

Bots can be used for all sorts of purposes and are widely used on the internet. There are even sites like Bountii, Inc which review different bots and their purposes so having a site where bots can all come together will also be incredibly useful. BotChain is the brainchild of Rob May, who is CEO at Talla. He was formerly co-founder and CEO at Backupify, which was sold to Datto in 2014. He recognized that as bot usage increases, there needed to be a system in place to help companies using bots to exchange information, and eventually even digital currencies to complete transactions in a fully digital context.

“Autonomous technology holds massive potential but is dangerously under-supported,” founder Rob May said. “Bad behavior, dishonest activity manipulation, and spoofing have already led to a number of high profile failures, and as these devices become more widely adopted and influential in our everyday lives, that number will grow at a frightening pace. As such, it is imperative that their integrity is compliant, standardized, and open for healthy audit.”

“No matter how groundbreaking, revolutionary, and beneficial artificial intelligence is, mainstream adoption of this technology will only happen if people trust it. Blockchain offers the unprecedented opportunity to pull back the curtain on the interactions of bots in a manner that is efficient and inherently secure, and we are incredibly excited to utilize it to create a transparent and open bot ecosystem,” added May.

Source: TechCrunch