Place/Date: China - March 17th, 2018 at 2:00 am UTC · 3 min read
Contact: Rick Fang, Source: AICHAIN
In 2017, the AICHAIN team started to combine artificial intelligence with blockchain, dedicated effort to seeing the breakthrough in blockchain industry.
Basic concept was first finished in June 2017, its main purpose is to provide a open-source independent public chain platform for data owner, application developer, operation platform and consumers.
So, everyone can use AI with low cost and no technical barriers. The AICHAIN inherited the advantages of blockchain technology, such as decentralization, open source, tamper-proof and anonymous, to solve the current challenges of AI such as data domination.
AICHAIN has gathered over 100,000 supporters in more than 6 countries in only 3 months. More and more people pay attention to the progress of AICHAIN, which may change the existing situation in blockchain and artificial intelligence industry.
The vision for AICHAIN is to create a platform that can facilitate the communication, cooperation and data sharing among partic-ipants by enabling data transaction, protecting data security and disrupting data concentration, therefore improving the efficiency and productivity of the AI industry and allowing everybody, not just the tech giants, to gain the most out of the digitalization era.
Since the project started, it has been reported by CCTV Security (China’s most famous official TV) and Sohu Finance and Economics (China’s most famous Internet website). The advance has been reported by more than fifty news medias.
AICHAIN has first considered converting blockchain technology into useful application since it was established. Changhong Electric, one of the China’s largest electric production company, has cooperated with AICHAIN in artificial intelligence industry.
Badou Cat，the China’s first AI headhunter company，has signed a comprehensive cooperation agreement with AICHAIN.
Easy Live, the China’s leading video live broadcasting company, has signed strategic cooperation agreement with AICHIAN. Everyone can witness the transfer of AIT by more than 20,000,000 users on Easy Live.
AIT is a decentralized blockchain digital asset that is issued through AICHAIN and is served as a medium of exchange on the AICHAIN platform.
The AICHAIN project has obtained angel investments from China’s largest blockchain company Bitmain who has supercomputing mining machine (China’s largest blockchain computing enterprise). the leading investment company in blockchain, has signed an agreement of deep investment with AICHAIN, thing king highly of the value of combining blockchain with AI.
Viking Capital, the famous investment group between England and China, has invested in AICHAIN in the first round.
Genius idea gather the talents, same with AICHAIN team. This team has famous scientist in artificial intelligence, ambitious entrepreneur from China’s largest blockchain computing enterprise, renowned scholars from UCLA and Tsinghua University, expert in marketing.
AICHAIN has established base in China and America, both two team work together in research and marketing.
With the Chinese State Council embracing blockchain in its 13th Five-Year Plan, Chinese policymakers are eager to set the framework and standards that accelerates industry adoption of blockchain technology. Now AICHAIN is dedicating effort to China’s technology creativity
AICHAIN has prepared the most innovative and creative idea about AI ecosystem on blockchain. The international roadshow of AICHAIN, Chain for the future—the AI ecosystem on blockchain , is to start in Silicon Valley on 21 March.