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BotChain[1], a new initiative by artificial intelligence (AI) startup Talla, is looking to leverage blockchain technology to provide the platform and trust needed for AI-based systems to flourish.

BotChain

The new blockchain platform, which is being built on Ethereum, is designed to register, identify and audit autonomous agents with an aim to provide a way for companies to collaborate and improve bot responses and choices.

“In other words, BotChain does for bots and autonomous processes what a digital certificate proving ownership does for websites,” Rob May, CEO of Talla, told CoinJournal.

The company is going after the US$50 billion autonomous bots industry, which currently lacks the “universal standards or protocols of every other major software industry,” it claims. “There is also no verifiable visibility into bot decisions and actions. These conditions limit growth and present significant compliance risks for corporations.”

The idea behind BotChain is that just as humans require oversight and audits in the workplace to facilitate performance, compliance, knowledge-sharing, collaboration and communication, bots also need a platform to secure these benefits as well.

To solve this issue, BotChain is developing a decentralized network where businesses and developers can register their bots.

On BotChain, each bot has a unique identity code and all activities are recorded on the blockchain. This solves the bot impersonation problem because all bots can be easily identified and also allows for behavior audit and compliance. By recording the state and activities of the bot onto the distributed ledger, BotChain provides a reliable, auditable and immutable records of the bot’s past behavior. Users, businesses and consumers can then verify that bot actions are being performed appropriately and bad behaviors can be fixed, ensuring that bots operate within the scope of their rights and design.

Not only does that allow humans to

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