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$3.0929
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AIChain
$0.001050
0.00%
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AIChain Price Converter
AIChain Information
AIChain Supported Platforms
| AIT | ERC20 | ETH | 0x79650799e7899a802cb96c0bc33a6a8d4ce4936c | 2018-01-05 |
About AIChain
AIChain (AIT) is a blockchain-based digital asset used for AI application distribution and data sharing. It facilitates transactions and promotes data ownership within the AICHAIN platform. The AICHAIN Foundation, based in Singapore, manages the platform's development and governance, integrating blockchain and AI for the AI industry and its participants.
AIChain (AIT) is a decentralised blockchain digital asset issued through the AICHAIN platform. It serves as a medium of exchange on the platform, enabling transactions and interactions among participants. The AICHAIN platform aims to integrate blockchain technology with artificial intelligence (AI) to create a secure and efficient environment for AI applications and data sharing. The platform leverages blockchain's decentralisation, open sourcing, tamper-proof security, and anonymity to address challenges in the AI industry, such as data domination and data size constraints.
AIT is used within the AICHAIN ecosystem to facilitate various transactions and operations. It is integral to the platform's AI application distribution, data transactions, and secure data sharing. AICHAIN aims to provide a robust marketplace where data providers, application developers, and consumers can interact and transact securely. Applications under development on AICHAIN include AI recruitment, VR-AI tutors, and AI assistants, all of which utilise AIT for transactions and operations. The platform also supports the development of AI applications by providing tools and resources, promoting data ownership, and encouraging data sharing among participants.
The AICHAIN platform and the AIT token were developed by the AICHAIN Foundation, a non-profit organisation established in Singapore. The foundation is responsible for the development, construction, governance, and promotion of the AICHAIN platform.
Although 'AIT' was the ticker assigned at the deployment of the AIChain Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'AICH' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.