Saturday, April 13, 2024

    In a World with A.I.-Powered Assistants, How Can You Trust a Bot?

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    Artificial intelligence is already permeating the workforce, changing the way businesses function. Today you’ll find A.I. software, like chatbots, completing administrative tasks—such as scheduling, booking, transcribing. They also conduct communication tasks, such as compiling and sharing information, answering questions, and more on behalf of humans. While the earliest examples followed very basic decision trees, advances in machine learning have opened the door for an expansive new workforce of competent, useful bots. However, better solutions for transparency and control are necessary to enable full deployment of this new category of software.

    BotChain: Benefitting Developers and Their Customers

    BotChain is a decentralized, Ethereum-based platform providing two major benefits designed to meet the needs of A.I. software developers and end users alike.

    First, it is designed to help manage the trust of A.I. products, like bots, or other robotic process automation tools, by allowing bot registration, identification, audit and compliance to occur on the blockchain.

    Second, with standardized protocols for bot-to-bot communication, it increases the speed at which developers can provide value to their end users, so that bots can coordinate workflows with other intelligent agents, or tap into knowledge sources in the BotChain’s open marketplace of skills.

    An Example of the BotChain in Action

    From end-to-end, an example of this process would be a conversational bot that books business travel for employees. Suppose that a sales manager needs to kick off travel booking for a large prospective deal the next week. First, she and the bot would need to verify the identity of one another. Once verified by the Botchain platform, she can let the bot know her travel details and preferences. If the bot needs additional information, it can check her schedule by communicating with another bot she uses to schedule her meetings. The BotChain supports standardized communication protocols between A.I. software, making this functionality not only feasible (today, no standards exist) but quick for developers to deploy. The details of these transactions—both between the sales manager and her travel booking bot, and the travel booking bot and the meeting scheduling bot can be hashed using a digital certificate to the BotChain ledger. Suppose that the transactions need to be audited to uncover what payments have been authorized by different members of the sales team over the past several months. The immutable ledger of these transactions remains, providing trust needed to ensure that an accurate picture of what has occurred can be revealed.

    BotCoin (BOT) Utility Token Sale

    Developers on the network are required to possess some portion of a BotCoin to access and/or deploy bots and interact with them.

    The BotCoin utility token sale is set to begin in January.  These tokens will be available for purchase with Bitcoin or Ether payment. The BotChain website notes that the token sale details are subject to change, and information on the initial price, token distribution and pre-sale discount can be found on their website.

    More information about the BotChain is available at –

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