AiChain: A Cryptocurrency Framework you should know about

Mike Sherman
3 min readMay 25, 2021

Since the middle of the last century, a digital revolution has slowly taken place, it has become part of our households, empowering cars, appliances, and mobile devices. Technologies are fundamentally changing the way people and businesses think and work together. The digital revolution is blurring the boundaries between the physical, digital, and financial world, delving into biology and genetics.

Artificial Intelligence (AI) is changing the world as we know it, bringing in new possibilities that can be applied to a large number of undertakings to benefit organizations seeking to improve outcomes and productivity, slowly becoming mainstream, as large corporations look for the right technologies such as visual perception, speech recognition, and even decision making.

Having said that, as the digital revolution takes place, new services are coming up, changing the way businesses perceive demand, provision the supply and deliver, thus fulfilling a new market demand. On-Demand services is a new type of economy led by startups like Airbnb, Uber, Task rabbit and JustPark, among many others. The emergence of on-Demand services across the globe has facilitated the growth of industry verticals and inspired enterprises to automate their services.

Customers are pushing for a better experience, old ways of doing businesses are changing. The on-Demand economy, in the automotive industry, hospitality, finance, staffing and media streaming alone is projected to rise exponentially.

Even established firms are adding on-demand elements to their business models. U.S. retail giant Walmart and e-commerce giant Amazon began building a network of on-demand delivery drivers from their own employees, to deliver to customers orders to their own home.

The on-demand model is still developing, adding emerging technologies, set to impact businesses. One of the many technologies is AI, accelerating its potential, increasing its possibilities with higher expectations. On demand services is now embedded with AI, bridging boundaries, providing speech recognition, decision making, and customer support.

Cryptocurrency is gaining more influence and making a huge impact in the digital space and it is there to stay. Some of the largest multinational enterprises have already dipped into this new digital playing field and many others are following suit.

AiChain launched an ICO.

AiChain is built on a decentralized peer-to-peer digital currency, offering fast, ubiquitous, transparent financial services for exchange of goods and services. Transactions are verified by a decentralized system and then distributed on a blockchain.

AiChain transactions are processed immediately, unlike bank transactions which can take a few days to process, giving the retailer instant access to funds, allowing for instantaneous shipping of products. Retailers can use the blockchain to make associations, track inventory and create personalized, targeted offers, loyalty and rewards

Simply said, AiChain will process on-demand apps, enabling collaboration between the community while giving users greater transparency and a better experience with Artificial Intelligence. AiChain is a cryptocurrency focused on the community at large, built on integrity and public trust. AIChain will provide an end-to-end open-source ecosystem for on-demand services, to let developers easily build and deploy AI powered on-demand apps, and let customers receive goods and services all without transaction fees, thus inspiring the continued evolution of the digital marketplace.

Another benefit of AiChain is that it will reward its holders with tokens, similarly as dividends reward stockholders and rent rewards real estate investors. Unlike other cryptocurrencies, you can see this as an investment.

--

--