AICHAIN has got an investment of tens of millions RMB from Bitmain.

On January 12, 2018, AICHAIN announced that it had obtained the first-round investment from Bitmain, and they will conduct in-depth cooperation on smart hardware, data fuel, and system ecology.

AICHAIN is an artificial intelligence ecosystem bulit on blockchain，and wants to break global data monopoly barriers.The vision for AICHAIN is to create a platform that can facilitate the communication, cooperation and data sharing among participants by enabling data transaction, protecting data security and disrupting data concentration, therefore improving the efficiency and productivity of the AI industry and allowing everybody, not just the tech giants, to gain the most out of the digitalization era.

Bitmain’s Antminer, Antpool, and HashNest rank first in the world, with customers in more than 100 countries and regions. And it has opened new business line of artificial intelligence, dedicated to provide deep learning acceleration chips, acceleration boards and high performance servers for customers.

AICHAIN is the first project in the world to map AI application ecological chain to the blockchain. AICHAIN refers to Bitcoin’s blockchain architecture, adopts POW and UTXO technology models, learns from Ethereum’s trading deployment of smart contracts and triggers contract execution.And it uses the extension of transaction data to define the roles and relationships of AI application industry：data providers, application providers, operating platform resource providers, and consumers. According to the requirements of AI application operating platform. AICHAIN uses a program of external docker container virtual machines to support more complex AI application development and operation.

AICHAIN’s mixed team has also become its unique strength. The team members are not only blockchain technical talents, but also AI technical experts and senior operating experts，who can provide AICHAIN with real scenes and complete data resources in design，development, testing, and operation.

AICHAIN has reserved the existing ecological chain relationships in the AI application industry since the beginning of the design. It uses open blockchain platforms to reduce the cost of AI application development and resource usage . Data providers can make money, and ordinary users can also create and develop AI application in the ecosystem. This will no longer be an opportunity only for AI companies and a few technical geeks，any AI entrepreneurs and ordinary users can use AICHAIN to realize wealth accumulation and promote the AI process .

AICHAIN will gradually evolve into the world’s largest AI application store, promote the participation of all citizens in AI, and promote the diversification and liberalization of AI. Although the opportunities for blockchain&AI are numerous, there are also many challenges. The AICHAIN CEO Mr.Duan Kai said: “The complexity of AI applications, the limited support for AI from blockchain technology, blockchain congestion, and the lack of understanding of new technologies are all challenges we have met.”

AICHAIN has cooperated with the intelligent headhunter products of Ba Dou Mao, the robot projects of Changhong Electronics and NetPosa, and smart tutor products of BingoTalk.In addition,AICHAIN has established the Blockchain Technology Research Center with UESTC Medialab, and plans to work together with the industry experts of Medialab to develop the core technology of blockchain and achieve breakthroughs in core algorithms.

Bring the future of AI to everyone ，which has been the goal of AICHAIN team. Although we can’t accurately predict the specific impact on blockchain&AI industry, but we can be sure that there will be more and more opportunities brought by AICHAIN in this industry.

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