Idea & Token
The NeuroChain technology is an augmented blockchain based on mechanisms providing intelligent decision for distributed systems. The technology uses artificial intelligence (AI) and machine learning to eliminate current Blockchain limitations, such as a lack of approvers, slow transactions, instability, and low scalability. The system base is a chain of bots using AI and machine learning technologies to validate the transactions on decentralized networks and communicate with each other to guarantee security and transparency of operations. Another important component of the system is a set of rules represented by flexible and scalable protocols – Proof of Involvement and Integrity and Proof of Workflow. The technology runs on a network or media with an adaptive communication layer.
Due to a number of different algorithms and flexible behavior, the NeuroChain technology can be used in a variety of spheres – finance, accounting, auditing, supply chain management, human resources, official information sharing, non OGM food traceability, safe information storage, and others. NeuroChain will be compatible with Bitcoin, Ethereum, and other blockchains, and supported by any platform.
Their ERC-20 token is called Clausius (NCC). Total token supply is 4,374,000,000 NCC. 70% goes to elected bots, 15% – investors, 10% – team and advisors, 3% – foundation, 2% – seed fund.
NeuroChain team consists of 15 specialists graduated from leading universities in the U.S. and Europe. The team has experience in distributed systems, distributed algorithms and consensus, cryptography, machine learning and neuronal networks, sales and marketing. The company CEO Frederic Goujon is an experienced professional in big data and blockchain. They also have 3 advisors including Dr. John Rice, a senior research scientist at MIT.
Both artificial intelligence and machine learning are among the most progressive technologies that are currently being extensively developed. From this point of view NeuroChain looks as a big ambitious project. It has a thoroughly thought-out long roadmap, and if successful, it can become a new serious player in the blockchain world. At the same time the team has a lack of expertise for a task of this scale. The team does not promise a quick implementation and is focused on a long-term quality development. So, short-term investing into the project seems to us a doubtful idea, though a long-term one is more positive if the project actually succeed.
One more project leveraging state-of-the-art technologies of artificial intelligence and machine learning and aiming to eliminate current disadvantages of Blockchain.
Neurochain ICO datesexport to calend
NeuroChain project has started after a long reflection about the potential of Blockchain technology and the limits of actual existing Blockchains. This reflection is materialized by a first book edited in 2016, thanks to the help and dedication of the “ENI Editions”. This was the first result of the intertwined reflection about the Blockchain technology, its current state (Bitcoin and Ethereum), limits but above anything else its amazing potential. The proposed project is a combination of different converging quantitative disciplines, particle physics, Machine Learning, distributed algorithmic and decision processes. Particle physics vision allowed a fitting description of intrinsic network characteristics. Machine Learning algorithms enhanced the analytical capabilities of the nodes ( Bots). High performance consensus created by thermodynamic parameters, ingeniously distributed, could face the challenges of transaction volume and real time (speed). Quantitative finance allowed to consider a fairer distribution mechanism. This balanced aggregation of the different disciplines leads to the emergence of smart distributed system. NeuroChain was born.