Announcement: Seed Vault and BotChain Partner to Bring Trust, Transparency and Collaboration to the AI Ecosystem

Singapore | July 10, 2018

Seed Vault LTD, the independent, decentralized marketplace for developers and deployers of conversational user interfaces (CUIs), will partner with BotChain on bot identity verification standards. By partnering with Botchain, SEED joins a community of established BotChain partners and developers that includes 50,000 developers, over 150,000 enterprise and consumer-facing bots, 400 million end users, and 4 billion monthly interactions.

SEED will explore ways for BotChain’s identity validation standards to be integrated into SEED’s marketplace. The SEED token and network are designed to create a thriving economy of conversational interfaces while enabling users to control their personal data; both the token and network are uniquely designed to support authentication, smart contracts, payments, and ratings in order to reward quality, positive actors in the SEED economy and guard against negative ones. BotChain and SEED will also look for ways for their networks, technologies and tokens to interoperate.

According to Mark Stephen Meadows, Co-founder and Trustee of SEED, “BotChain and SEED’s shared goals are an obvious complement to one another, and can bring greater maturity to the entire AI market. This is the foundation of the third web (and the fourth industrial revolution), and it enables a maturation of the market based on the foundation of society: trust, transparency and fairness.”

CEO of BotChain, Rob May, commented, “As we look at a world increasingly penetrated by bot-to-human interaction, the AI community needs to deploy universal infrastructure to decrease some of the trust and security issues causing mainstream concerns around the technology. At BotChain, we see the opportunity for blockchain protocols to fill gaps in the existing infrastructure, namely around identity and trust, which are hindering the ability for enterprises to adopt AI.”

About SEED

SEED is an independent, decentralized marketplace for developers and deployers of conversational user interfaces (CUIs). Our platform provides development tools, intellectual property, and network for deploying front-ends to AI technologies. Blockchain enables us to authenticate CUIs and compensate developers for their creations and contributions. More information can be found at seedtoken.io.

About BotChain

Striving to create a universal bot registry that verifies bot identity, audits interactions, and controls the boundaries of bot autonomy, BotChain offers bot developers, enterprises, software companies, and system integrators the critical systems, standards, and means to validate, certify, and manage the millions of bots and billions of transactions powered by AI. Leveraging blockchain to post a record of all bot activities on a common, shared, widely-viewable, and secure ledger, BotChain looks to incentivize bot innovation and adoption. To learn more about BotChain, please visit www.botchain.network.