Situation
Our client is an artificial intelligence pioneer and creator of the world's first decentralized AI network. They sought to build a decentralized marketplace for companies across the globe to showcase their developers' AI-employing solutions and sell them online.
The decentralized marketplace allowed for interactions, collaboration and transactions
This would manifest as an "AI storefront" -- a globally accessible online portal allowing interactions, collaboration, and transactions.
Action
The Infogain Experience Design (XD) Studio conceived, created, and launched the storefront running on Ethereum, a decentralized, open source blockchain technology that allows and records transactions. Then the Infogain Digital Experience Platform (DXP) Studio layered this storefront over our own Layer 2 solution to increase speed, reduce transaction costs associated with the growing use of Ethereum in unsophisticated applications, and enabled the client to scale the system by allowing transfers off the chain.
Infogain's extensive work with blockchain and building digital platforms with a product-ownership mentality made us a natural fit for the task.
Highlights of the solution included:
- Using serverless architecture to create all the necessary microservices. This allows the client to scale the system.
- AWS Infrastructure as code (IaC) using AWS CloudFormation, Ansible, Serverless and Control Development Kit (CDK) ensured reliable infrastructure.
- DApp Publisher allowed developers to onboard services.
- Software Development Kits (SDKs) authored in JavaScript, Python, Java, and Swift allow interactions with the solutions.
Results
- Minimal operations costs due to no maintenance activities, patching services, instance downtimes, security, or operational tasks.
- Staking functionality– holding cryptocurrency funds in a contract — created the liquidity for transactions to operate.
- From initial client requirement discovery to marketplace-ready launch in 12 months.
Custom built payment channels improved speed and transactions costs.
The new AI storefront showcases and publishes AI services.
Blockchain expertise and ownership mentality made Infogain a natural collaborator.
-
50+
listed services on marketplace -
$15 Million
value of tokens staked -
1
scalable platform