ChainML is an AI research and development company and the creators of Council Analytics, a generative AI-powered platform for conversational analytics. ChainML wants to provide users with seamless access to AI capabilities through decentralized systems. To support this, ChainML collaborated with Applied Blockchain to develop smart contracts for managing user registration, micropayments, and the platform’s native utility token.
Solution
For ChainML’s users, this means they can now access powerful AI technology through blockchain-enabled infrastructure, with seamless crypto-based payments. These blockchain solutions are helping ChainML drive its vision of an AI-powered future while leveraging the security and transparency that decentralized technologies provide.
Outcome
Applied Blockchain successfully developed EVM-compatible smart contracts on both the Optimism and ZKsync chains to handle key functionalities such as API credential management and micropayments. Applied Blockchain focused on building advanced smart contracts with features such as upgradability and pausing mechanisms to ensure future flexibility. Additionally, Applied Blockchain developed ChainML’s native token, 'TAI,' and implemented utility logic, including a token-burning mechanism within an escrow contract.
Ron Bodkin
Founder & CEO,
ChainML
"AI is going to be one of the most transformative technologies of our lifetimes, and by integrating it with Web3, we can build an open, decentralised ecosystem that empowers individuals and fosters innovation, while mitigating the risks of centralisation."
Other resources
#16 - Ron Bodkin from ChainML: Transforming AI with Blockchain
