BotChain Technology- A Blockchain AI Leverage Platform- (Blog)


 

Preface

“Innovators steer. They search and stay on the road that leads them to their destination”.

BotChain Technology, an initiative by Talla is an emerging Bot technology that aims at flourishing Artificial Intelligence. It is a digital medium that integrates the existing systems to form a building machine that can complete everyday work tasks more effectively and quickly.

Facilitation and compliance of performance, communication and oversight in the workplace is an essential pre-requisite to enable the requirement of an AI-based system in an organisation or an entity.  

This Blog aims to decipher the databases that can allow for an Artificial Intelligence- based system that promotes easy accomplishment in the workplace.

Introduction

Blockchain technology, the brainchild of Satoshi Nakamato, is the compilation of blocks that are interlinked to each other through cryptocurrency. The science of applied mathematics is applicable here. This technology has gained momentum through the introduction of Bitcoin[1], an online-based cryptocurrency platform.  Blockchain is considered an open and a distributed ledger that is accessible through verification between parties in a permanent manner[2].

Role of Talla as a Catalyst

BitCoin Technology can be defined through the lens of its features; being Universality, Identity Verification and co-operation of Autonomous Agents[3]. Talla has developed the technology for registering the bots and is said to have been built on an open sourced decentralised platform called Ethereum[4]. It also features the amalgamation of Cryptocurrency Wallets, Financial Applications and Decentralised Markets in its database server.

Talla is a platform that seeks to transform customer support by aiming to combine Artificial Intelligence with blockchain technology to foster confidence and trust on AI driven autonomous agents in the Workplace.

It is the conception of Rob May who has placed great emphasis on the need for a stable system that enables the companies to exchange information by the usage of bots and digital currency to enable full utilization of the digital platform available.

Humans do not just need performance facilitation. They also require compliance with the standards set up by organisations, societies and government. Such AI driven force can help accomplish the same[5]. 

Benefits of the technology have not just been limited to few, but in fact are accessible to everyone who have proved that their nature is for the development of the ecosystem and available for an eternal period[6].

Inference

Artificial Intelligence involves technological advancements where human intelligence is incorporated into machines which add source of value to support administrative, general and specialized functions. Today, advanced industrial companies make use of the digital solutions to improve performance.

It is pertinent that today’s dynamic generation learns the intricacies of the technological world and is able to come to terms with it. The concept is pervasive and is applicable to the bot systems that are prevalent in the easy accomplishments of tasks in a cost- efficient and a productive manner.

It has enabled the ease of life to many levels that the deployment of such an AI driven database has paved way to the Fourth Industrial Revolution.


[1] Bitcoin and Cryptocurrency technologies: A Comprehensive introduction. Princeton: Prinston University Press. ISBN 978-0-691-17169-2.

[2] Lansiti, Marco; Lakhani, Karim R. January 2017. The truth about Blockchain, Harvard Business Review. Archived- original on January 18, 2017. Last accessed July 24, 2020.

[3] For the relevance of Autonomous Software and Registration of Bitcoin Technology, see <https://www.crunchbase.com/organization/botchain#section-overview>. Last accessed July 24, 2020

[4] For Ethereum and Its Relevance in the platform of BitCoin, refer <https://ethereum.org/en/what-is-ethereum/>. Last accessed July 24, 2020

[5] For Bot Security and generation of capital on the public markets, see <https://www.ibtimes.com/botchain-aiming-set-standard-bot-security-2719042>. Last accessed July 24, 2020.

[6] For the Core Philosophies Involved in the construction of BitCoin technology, see <https://medium.com/botchain/explaining-the-botchain-technology-behind-the-botchain-a9f079b026e3>. Last accessed July 24, 2020


-V. Krishna Laasya
School of Excellence in Law.

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