Blockchain platform for AI bots announces key partners

Blockchain platform for AI bots announces key partners

Talla has announced new partnerships for BotChain, its blockchain-based platform for bot registry, identity validation, and event ledgering for AI products.

As the global ecosystem of artificially intelligent bots and software grows, and businesses become more dependant on them, the need for a standardised, trustworthy, and immutable ecosystem to support it also grows.

Talla is looking to address this with its blockchain platform, BotChain. The AI-powered knowledge and information management company has raised $12 million in equity funding so far – helping it to build a system that offers universal registration, identity validation, bot audit, and compliance capabilities, along with an event ledger for AI products.

The new partnership programme has just been unveiled, introducing an initial roster of platforms and SaaS applications. Together, they make up 50,000 developers and over 150,000 enterprise and consumer-facing bots, reaching 400 million users with billions of messages every month.

BotChain’s new links

The line-up includes Gupshup, a platform for developers, and B2B enterprise bots Polly, CareerLark, Botkit, Disco (formerly Growbot), Zoom.ai, and Botkeeper. The Gupshup platform is deployed at the likes of Facebook, Twitter, and HDFC Bank.

“The rapidly growing and widespread demand for bots that we’ve seen at Gupshup clearly proves the need for a new level of standardisation within the industry, and BotChain offers a powerful solution,” said Gupshup CEO, Beerud Sheth. “Everyone who interacts with a bot in any capacity benefits from this new layer of enablement and increased accountability, and we are excited to be a part of that.”

The BotChain ecosystem is certainly broad, expanding beyond bot, AI, and robotic automation to include software companies, messaging platforms, and enterprise consultants.

Revenue from AI products is predicted to exceed $47 billion by 2020, making a universal system for managing this ecosystem an attractive proposition. Blockchain’s immutability makes it ideally suited to the task.

“BotChain will be managed and moulded by an invested and proven group of like-minded partners,” said Anthony Habayeb, head of BotChain partnerships. “Aligned thinking is key for fuelling adoption and acceleration.”

Internet of Business says

BotChain will be eager to establish itself as a serious player in the blockchain space, given the plethora of ‘me too’ companies and cryptocurrencies that are rushing to exploit this fashionable technology. By positioning some big names alongside their forward-looking products, BotChain is well placed to grow with the systems it is supporting.

Plus…

In other news, decentralised healthcare blockchain platform HealthCombix has partnered with NuCypher to explore distributed security technology to tackle privacy, consent and identity challenges.

HealthCombix is looking to redesign how healthcare is delivered and paid for by using blockchain. NuCypher’s proxy re-encryption (a type of public-key encryption that allows a third-party proxy to transform cyphertexts from one public key to another) will play a key role in this.

“Our goal is to build out the next generation of healthcare systems. We are redefining and redesigning in an open protocol a decentralised network model for healthcare, replacing existing systems with best-of-breed distributed technology in a layered and integrated architecture,” said HealthCombix founder and CEO, Cyrus Maaghul.

“Decentralised key management, privacy, and consent are cornerstone capabilities in this new healthcare economy, and we believe NuCypher is on the leading edge in this space.”

Read more: Opinion: Use blockchain to build a global data commons

Read more: Flip and run: Contactless payment wallet for cryptocurrencies launched


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