NeuroChain Tech

NeuroChain Tech, a Paris-based company, is developing a blockchain protocol augmented with artificial intelligence and machine learning. The project was co-founded by Frédéric Goujon (CEO) and Dr. Billal Chouli (CTO). The firm's history traces back to extensive research on blockchain's potential and limitations, which led two core team members to author a French-language book on the topic in 2016. This exploration culminated in the NeuroChain project, which seeks to overcome the speed, scalability, and energy consumption issues of traditional blockchains like Bitcoin and Ethereum.

The company's core technology departs from conventional proof-of-work and proof-of-stake consensus mechanisms. Instead, it introduces a system centered around intelligent agents called "Bots," which represent entities on the network. These Bots are designed to learn and evolve through their interactions. Consensus is achieved through proprietary protocols named "Proof of Involvement and Integrity" and "Proof of Workflow." This model evaluates participants based on their interaction quality and integrity within the network, aiming for a fairer and more efficient system that uses fewer resources. The architecture is designed to support "intelligent applications," moving beyond the static nature of smart contracts by embedding AI directly into distributed business processes.

NeuroChain Tech's business model revolves around providing this open-source protocol for businesses to build scalable applications. The platform aims to create an ecosystem where developers can create and offer programs, potentially getting paid when their programs are used. The company conducted an Initial Coin Offering (ICO) in March-April 2018 to fund development, raising $23.4 million for its native token, NCC. The technology is targeted at a wide array of industries, including finance for applications like digital KYC, energy for peer-to-peer sales, supply chain management for traceability, and regulated professions like auditing and law. The platform has established partnerships with companies such as FIMAT, Tai Cloud, Microsoft, and IBM to foster adoption and interoperability.

Keywords: blockchain protocol, artificial intelligence, machine learning, Proof of Involvement and Integrity, intelligent bots, decentralized applications, collective artificial intelligence, open-source technology, NCC token, intelligent business applications, consensus mechanism, Frédéric Goujon, Billal Chouli, AI-powered blockchain, distributed systems, crypto-value, smart applications, digital KYC, supply chain traceability, peer-to-peer energy trading