Announcing​ ​its​ ​utility​ ​token​ ​sale​ ​this​ ​week,​ ​Talla,​ ​a​ ​leader in​ ​enterprise​ ​A.I.​ ​software,​ ​today​ ​shared​ ​the​ ​development​ ​of​ ​their​ ​new​ ​BotChain​ ​network.​ ​After two​ ​years​ ​and​ ​over​ ​2500​ ​installations​ ​of​ ​Talla​ ​bots​ ​at​ ​various​ ​companies,​ ​Talla​ ​recognized​ ​the need​ ​for​ ​compliant​ ​enterprise​ ​bots​ ​and​ ​for​ ​bot​ ​actions​ ​to​ ​be​ ​audited​ ​and​ ​inspected.

As​ ​artificial​ ​intelligence​ ​makes​ ​agents​ ​and​ ​bots​ ​more​ ​autonomous,​ ​and​ ​reinforcement​ ​learning makes​ ​them​ ​more​ ​unpredictable,​ ​the​ ​need​ ​to​ ​constrain​ ​and​ ​capture​ ​their​ ​actions​ ​for​ ​training, auditing,​ ​and​ ​compliance​ ​becomes​ ​more​ ​urgent.​ ​BotChain​ ​works​ ​by​ ​creating​ ​digital​ ​certificates with​ ​every​ ​bot​ ​action​ ​and​ ​storing​ ​those​ ​certificates​ ​on​ ​a​ ​blockchain​ ​for​ ​creating​ ​an​ ​identity​ ​for each​ ​bot.​ ​Companies​ ​with​ ​decryption​ ​keys​ ​can​ ​then​ ​audit​ ​or​ ​inspect​ ​those​ ​certificates​ ​and​ ​this will​ ​help​ ​to​ ​monitor​ ​bots’​ ​activities.

​“As​ ​more​ ​organizations​ ​deploy​ ​intelligent​ ​robotic​ ​processes,​ ​the​ ​need​ ​for​ ​BotChain​ ​is​ ​only​ ​going to​ ​grow.​ ​Compliance​ ​is​ ​incredibly​ ​important​ ​to​ ​large​ ​enterprises,”​ ​said​ ​Michael​ ​Maloney,​ ​the former​ ​blockchain​ ​CTO​ ​at​ ​Ernst​ ​and​ ​Young.

​ ​​His​ ​statement​ ​was​ ​further​ ​echoed​ ​by​ ​​Chris​ ​Curran from​ ​PricewaterhouseCoopers​ ​(PwC):

​ ​”As​ ​bot​ ​processes​ ​grow​ ​within​ ​organizations,​ ​it​ ​makes sense​ ​that​ ​they​ ​would​ ​be​ ​subject​ ​to​ ​​risk​​ ​and​ ​compliance​ ​requirements​ ​just​ ​like​ ​any​ ​other workers.”

This​ ​becomes​ ​increasingly​ ​important​ ​as​ ​bots​ ​start​ ​to​ ​handle​ ​workflows​ ​that​ ​require​ ​certification, like​ ​HIPAA,​ ​SOC2,​ ​and​ ​more.​ ​ BotChain ​ ​allows​ ​auditors​ ​to​ ​validate​ ​that​ ​bots​ ​are​ ​compliant​ ​with the​ ​requirements​ ​of​ ​these​ ​workflows.​ ​BotChain​ ​also​ ​manages​ ​bot​ ​registration​ ​and​ ​identification.

“Bots​ ​are​ ​starting​ ​to​ ​be​ ​spoofed.​ ​Hackers​ ​are​ ​using​ ​them​ ​to​ ​steal​ ​information​ ​and​ ​because​ ​of this,​ ​bot​ ​identity​ ​is​ ​rapidly​ ​becoming​ ​an​ ​issue.​ ​BotChain​ ​is​ ​an​ ​identity​ ​solution​ ​for​ ​bots,​ ​so​ ​that​ ​as humans​ ​interact​ ​with​ ​more​ ​bots,​ ​or​ ​bots​ ​interact​ ​with​ ​each​ ​other,​ ​they​ ​can​ ​quickly​ ​establish trust,”​ ​said​ ​Rob​ ​May,​ ​CEO​ ​at​ ​Talla.

The​ ​ BotChain ​ ​provides​ ​critical​ ​systems​ ​for​ ​anyone​ ​that​ ​uses​ ​A.I.​ ​powered​ ​products,​ ​as​ ​well​ ​as those​ ​that​ ​develop​ ​them.​ ​For​ ​example,​ ​end​ ​users​ ​of​ ​any​ ​A.I.-powered,​ ​autonomous​ ​system​ ​will gain​ ​an​ ​auditable​ ​trail​ ​of​ ​interactions​ ​and​ ​decisions​ ​made,​ ​accomplished​ ​by​ ​hashing​ ​information about​ ​each​ ​agent​ ​task​ ​to​ ​the​ ​blockchain​ ​so​ ​it​ ​is​ ​immutable.​ ​Bots’​ ​identities​ ​are​ ​verified​ ​with certainty​ ​to​ ​the​ ​humans​ ​that​ ​use​ ​them,​ ​and​ ​to​ ​other​ ​bots,​ ​preventing​ ​bot​ ​spoofing​ ​and spamming.

Developers,​ ​companies,​ ​and​ ​individuals​ ​will​ ​need​ ​Botcoins,​ ​the​ ​token​ ​of​ ​the​ ​BotChain,​ ​in​ ​order​ ​to​ ​transact.​ ​The​ ​token​ ​sale​ ​is​ ​a​ ​way​ ​to​ ​get tokens​ ​into​ ​the​ ​market​ ​at​ ​launch.​ ​It​ ​is​ ​currently​ ​anticipated​ ​that,​ ​of​ ​the​ ​tokens​ ​initially​ ​created, 50%​ ​will​ ​be​ ​sold​ ​to​ ​the​ ​public,​ ​and​ ​those​ ​that​ ​are​ ​not​ ​sold​ ​will​ ​be​ ​burned.​ ​Further,​ ​it​ ​is anticipated​ ​that​ ​twenty​ ​percent​ ​of​ ​the​ ​tokens​ ​will​ ​be​ ​reserved​ ​for​ ​BotChain​ ​partners,​ ​advisors, and​ ​developers. The​ ​terms​ ​of​ ​Botchain’s​ ​utility​ ​token​ ​sale​ ​remain​ ​subject​ ​to​ ​change.​ ​Companies interested​ ​in​ ​building​ ​on​ ​ BotChain​ ​should​ ​reach​ ​out​ ​to​ ​ Talla​ ​to​ ​learn​ ​more​ ​at​ ​ hello@talla.com

Join the Telegram: https://t.me/botchainICO

Media Contact

Name: Brooke Torres

Website: botchain.talla.com

Email: pr@talla.com

Botchain is the source of this content. This press release is for informational purposes only and should not be viewed as an endorsement by CoinIdol. We take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy. Readers should do their own research before investing funds in any company.