currencyjournals – Generative AI DevOps and safety cloud specialist Accelchain has been awarded a Decentralized Futures Grant to additional develop its platform for decentralized purposes (dApps) within the ecosystem.

The grant will help the combination of Accelchain's platform with Substrate, the framework utilized by Polkadot to construct decentralized purposes. Accelchain stated in an announcement that the method permits builders to create and deploy Substrate-based dApps with out writing any code.

Accelchain plans to increase its neighborhood by focusing on builders and company companions. The corporate has partnered with node suppliers corresponding to Google (NASDAQ:) Cloud and is working developer acquisition packages at universities and DAOs.

Accelchain, which launched its no-code platform in October 2023, presently has round 2,000 builders utilizing the platform and expects that quantity to develop to twenty,000 by the tip of 2024. The platform makes use of large-scale language fashions (LLMs) to generate dApps based mostly on consumer necessities, confirm enterprise logic, and safe the purposes at runtime.

The corporate additionally famous that the platform's AI fashions can detect and block malicious transactions in actual time, a characteristic that protects Web3 purposes from exploits corresponding to front-running and sandwich assaults.

Based by Krishna Srinivasan and Ram Shanmugam, Accelchain has a roadmap centered on attaining Polkadot compatibility and rising its developer neighborhood by means of workshops and hackathons, the assertion added.

Srinivasan and Shanmugam beforehand co-founded AutonomIQ, a generative AI software program testing platform that was acquired by Sauce Labs. The Accelchain staff additionally consists of former workers from Google and ServiceNow (NYSE:).

The Web3 Basis is providing a prize pool of 10 million DOT (value roughly $65 million) to help the deployment of the Be part of-Accumulate Machine (JAM) improve within the Polkadot ecosystem, which can create a decentralized community able to dealing with all kinds of computational duties inside the ecosystem.

To take part, individuals should meet sure standards, together with importing and producing blocks, assembly Kusama and Polkadot efficiency benchmarks, and passing safety checks.