Tag: AI

Seratio Blockchain: Moving Towards All-in-One Blockchain Environment

Blockchain seems to be ubiquitous nowadays. The space is burgeoning with DIY blockchain (or more generally DLT) development platforms, while there are times as many of the blockchain based applications. However, having a closer look, these blockchain development platforms and eco-systems are focused mainly on the financial digital assets and starting your own ledgers (permissioned or not… up to you!) Majority of the current blockchain platforms do not offer anything more complex than e-wallet, new cryptocurrency development tools and sometimes an exchange. How does Seratio Blockchain offering stand out and why we call it an all-in-one blockchain environment?

Before delving into the technical overview, Seratio Blockchain Environment goes beyond an ordinary blockchain platform by introducing additional social non-financial values based services and including AI into the system. With one of the largest blockchain research and development teams in the world CCEG & Seratio are trailblazers who work towards creating not merely technically unique but most importantly community beneficial solutions.

It started from just a blockchain platform in 2017… Since then, Seratio development team has introduced a few new components into the system. Although our plans have grown, the goal is the same: we are looking to enable beneficiaries to keep track of the value and impact they make and let them profit from it.

Bird’s-eye View
Seratio Blockchain Environment consists from the following main parts:
– Seratio Platform (incl. platform embedded services)
– Add-on Services
– Decentralised Exchange
– Decentralised Autonomous Foundation (DAF)

Blockchain Environment (1)

Multicurrency E-Wallet
Seratio Wallet is an interface multicurrency wallet. As of May 2018, platform users can store and transfer platform native tokens such as SER, SER Altcoins and Microshares, as well as other ERC20 tokens (ETH, ETC). The work is going on introducing BTC and other Altcoins (Q4 2018).

Another unique feature that Seratio development team is pioneering is a new token standard – ERC995. The standard will allow tracking token origin – so called Association Flags. It is introduced to give token holders the opportunity to check which financial tokens (whether SER & Altcoins) gave ‘birth’ to their Microshares (non-financial tokens), and therefore check what values are stored & carried. From technical point of view, the standard is ERC20 and ERC827 token standards based, and ushers improved token transfer functionality. ERC995 Token Standard has been already introduced to the community and is scheduled to go live in summer 2018.

Soft Value Tracker
One of the most important and unique features of the Seratio Platform are the S/E certificates. Certificates allow transaction of the non-financial attributes (labels), more precisely they show how much social non-financial value an entity creates against its financial value. Although S/E certificates are optional they are essential to benefit from all the services (embedded & add-on) provided by the Seratio platform. S/E Certificates are currently available for the platform users in the alpha mode.

Add-on Services
There is a number of add-on services that are connected to the Seratio Platform and its APIs. The services include:
– Provenance Engine – software to track financial and non-financial origins;
– Seratio AI Wallet – AI bot injected ‘hot’ cryptocurrency wallet;
– Retailer’s Portal – blockchain-based service that allows crypto transition without interfering with the existing Retail Management Software;
– Rewarding Body Portal – blockchain-based service that provides entities with ready-to-use token development and management (S/E based) tools.

The services can be accessed through the Seratio Platform account as well as independently. All 4 services are currently under development and each have a dedicated development sub-team.  Retailer’s Portal & Rewarding Body Portal are close to completion and will go live simultaneously with the mobile version of the Seratio Platform (summer 2018).

More details on the platform & add-on services can be found in Seratio Whitepapers.

Decentralised Exchange
ClassicDelta is a decentralised crypto-to-crypto converter and trade homeplace for the Microshares (non-financial tokens). The exchange is aimed to support functionality of Seratio Platform services, particularly SER & SER Altcoins token holders. ClassicDelta brings together both Ethereum and Ethereum Classic blockchains whilst other crypto exchanges operate mainly and exclusively on only one blockchain.  ClassicDelta is now under active development and is scheduled to start operating in Q3 2018.

Decentralised Autonomous Foundation (DAF)
DAF is a hybrid concept introduced by the CCEG. DAF is an extension of DAO and represents a decentralised wisdom-of-crowds community engaging tool.  DAF is currently at its early stages of design and development.

CCEG has introduced its DAF model in the latest Seratio Whitepaper.

The AI Wallet

This project aims to develop an Artificial Intelligence Wallet that would help one make personalised informed business decisions and transactions within the Seratio blockchain. The AI Bot inspired digital wallet would recommend products, processes, suppliers to individuals and organisations based on personal preferences. Personal preference here refers to each individual or organisations’s desired total transaction value that incorporates both the tangible asset value and the intangible value. Each individual or organisation’s total value is calculated and represented using the Social Earnings Ratio metrics. For example, consider the process of buying a product by logging into Amazon’s website: A customer can search for a product by specifying various criteria such as price range, customer ratings, delivery time, etc. The website would then display relevant products matching your specified criteria. The customer can then make a selection and purchase a product. Now, Amazon stores your browsing and purchase history. The next time the same customer looks to purchase such an item, Amazon makes suitable recommendations based on his/her history, on what other customers with similar choices purchased and so on. The AI wallet would do something similar within a Seratio blockchain by making suitable recommendations based on criteria including both financial and non-financial values. The AI wallet could also go one step further and complete the blockchain transaction. The service could also be ultimately offered in the form of mobile apps.

For further information, please contact Dr Suraj Ajit at suraj.ajit@northampton.ac.uk.