What is Xain ?

in #blockchain7 years ago

Xain uses the strengths of modern machine learning algorithms, particularly reinforcement learning, to stabilize his own Ethereum-based low energy Blockchain. This provides an out-of-the-box, robust and adaptable infrastructure for automated business processes. Using this XAIN infrastructure for high-level applications and solution services, its partners are able to create secure, privacy-friendly environments to prepare for strong competitive positioning in a future focused on automation. .

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XAIN began as a research project at Oxford University to strengthen Blockchain through reinforcement learning. This also involved the intrusion and penetration of Corda & Hyperledger Fabric.

In 2017, we commercialized an "Aktiengesellschaft" at the Aerospace Technology Center in Berlin to be part of the Blockchain scene in Berlin, bringing us closer to our root and industrial customers.

In June 2017, XAIN AG won the first Porsche innovation competition against more than 120 other startups. This allows us to bring our innovative Blockchain & AI products directly to the streets.

In October 2017, we launched the first end-to-end XAIN supply chain network, including routing and shipping for automatic triggering and processing of intelligent sensor events in packages.

In November 2017, XAIN set up the first Blockchain Vehicle network that satisfies low-energy critical devices with reinforcement learning to support network balancing in case of severe fluctuations.

in his yellow paper the notion of Practical Proof of Kernel Work is proposed. Proof of Work (PoW) is a now well-known concept that preceded the development of Bitcoin and was originally proposed as a potential solution to contain spam: a mail server having to solve a certain cryptographic puzzle before getting permission to send some number of emails, and one could then dynamically increase or decrease the level of difficulty to solve such puzzles in order to adaptively manage email traffic.

Proof of work is, of course, a central part of cryptocurrencies such as Bitcoin and Ethereum. However, the usefulness of the proof of work has been questioned, since it requires a lot of energy and therefore seems to be a waste. Yet, Proof of Work seems to be the only one currently available mechanism by which we can ensure greater security for the practical immutability of a Blockchain - especially in a business context in which we face a growing threat of internal attacks, but in which we can also restrict which agents or devices can participate in the solution of these puzzles. Proof of work is also a very simple mechanism that is, therefore, easy to implement, while the complexity of alternative approaches can make their implementation and change management more difficult.

There is therefore an incentive to look for other ways of using Proof of Work for its desirable security while reducing the amount of energy consumed by Proof of Work in a closed or open Blockchain system.