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BotChain

BotChain

BotChain

About BotChain :



The rise of blockchain innovation implies an answer for the deep rooted issue of guaranteeing undeniable nature, validness, and auditability in an exchange. This isn't one of a kind to AI, bots, self-ruling operators, or any keen innovation cooperation, yet is vital to setting up trust – a basic component of any transaction. The advantages of blockchain innovation have been for quite some time pushed for by those in the cryptocurrency space. Outstandingly, bots and digital currencies share comparative security issues, making an Ethereum-based blockchain arrangement especially helpful. BotChain builds on the Ethereum blockchain and, employing a distributed resource on the internet, posts a record of all bot activities on a common, shared, widely-viewable, and secure ledger. BotChain creates the means by which bot-based transactions are viewed and audited, which means that users, businesses, and consumers can ensure bot actions are being performed appropriately by legitimate agents. Furthermore, should awful conduct be perceived, the action trail is traceable to drive a proper determination - including manual change of the specialist or the organized re-learning of proper action by an AI framework. This makes enhanced future practices and keeps bots working inside the extent of their rights and plan.
To summarize blockchain’s critical role in BotChain’s solution, we believe the use of technology delivers: 
● Trustworthiness: The blockchain can become a trustworthy networked supplier of services among many organizations building and operating bots 
● Transactional Guarantee: A key characteristic of a blockchain technology is the ability to solidify a transaction among one or many parties. Once a transaction is submitted within the blockchain environment, it has a high probability of execution. 
 ● Immutability: Records of what a bot did and why can be stored safely by a networked, trustworthy blockchain standard, making it ideal for single-bot solutions, or workflows involving many bots that may be owned by different entities. 
● Shared Economic Value: The work of maintaining a blockchain solution is done by multiple nodes that get paid fees for completing work. This creates an ecosystem that can maintain a fair cost structure for all parties. 
 ● Community Involvement: Companies that create bots and associated applications also have an incentive to create and maintain a blockchain solution to serve their needs as a community.
Ecosystem Token : 
BotCoin is an utility token in view of the ERC20 standard of Ethereum. BotCoin, or BOTC, will fill in as the inside cryptocurrency that unites all members in the biological system what's more, drive them towards accomplishing normal system objectives. BotCoin will fill in as the oil that powers the BotChain motor by arranging and molding the key powers that drive the system to make esteem. BotCoin token uses the prominent ERC20 standard, which ensures compatibility with popular wallets. Ethereum-based tokens rely on an established infrastructure, benefiting from the following properties: 
● Security - The Ethereum Network is currently secured by miners providing over 250,000 GH/s. This ensures the immutability of data on the network.
 ● Predictability - Hundreds of ICOs have been launched using the ERC20 template.
 ● Robust Clients - ERC20 tokens can be managed with official Ethereum clients and wallets that have a large development community supporting them 
● Simplified Integration - Tokens are easily exchanged with other Ethereum-based tokens, and exchanges already have infrastructure in place to facilitate integration.
 ● Adaptability - Ethereum smart contracts provide a transparent and secure way of transmitting payment, providing platform access and facilitating work done to build blocks on Ethereum network. By utilizing a committed token (BotCoin), to encourage all exchanges in the BotChain organize, we are building a genuinely worldwide appropriated arrange that can be utilized over any number of wards, holding a solitary uniform strategy for settlement. Additionally, utilizing a particular token that is attached to the BotChain environment shields the biological system from superfluous contemplations with respect to the unpredictability of different cryptocurrencies. PRE-ICO : Start (17/07/2018) End (17/08/2018).



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