Engineer.ai - A Blockchain That Offers A Transparent Transactions & Optimized Processes

misteroladipo (28)in #ico • 6 years ago

INTRODUCTION

Engineer.ai is a blockchain and human-assisted artificial platform to make building bespoke software accessible for everyone. Our blockchain and AI-powered solution allow clients and creators to complete their projects with a higher success rate, more cost-effectively, and with shorter production timelines than the current consultation and iteration model.

Software development, as an industry lacks transparency. Creating software is seen by small businesses as a ‘black box’ process that takes an unknown amount of money and a speculative amount of time to complete. There is an information gap between clients and developers, or any stakeholder in the process. This not only hurts the underlying businesses and their ability to establish an effective digital presence, but also creates an artificial barrier to the growth of the overall market for bespoke software.

ABOUT ENGINEER.AI

Engineer.ai (E.ai) have created an ecosystem that removes development from the ‘black box’ and puts it onto an assembly line. The drag and drop UI and AI-powered Project Builder allows anyone to realize their idea, while the component library reduces redundancies in development as existing code is automatically paired to projects. The NAYA Token then allows contributor payments to be escrowed until deliverables have been met and verified by an independent source. To ensure the longevity of all projects, AI-powered CloudOps reduce ongoing costs and remove the need for an in-house development team to maintain the project.

Coding and development currently exist in a ‘pre-industrialized’ world where up to 90% of projects fail or go over budget. Projects are dictated to delivery stakeholders by people that lack the knowledge to accurately describe how they want it to work. Delivery stakeholders then frequently write code that already exists, creating inefficiencies, higher costs, and longer timelines. Clients need to trust that delivery stakeholders will deliver their vision on time, on budget and to their quality specifications. In return, delivery stakeholders require accurate and clear project specifications and transparent and timely remuneration for their work. But frequently, the process breaks down due to an inability to communicate needs and match expectations to delivery.

WHY ENGINEER.AI?

This existing platform, brand, and customer base will implement the blockchain technology, artificial intelligence, and token ecosystem outlined in this project to scale the size of the business. Increased transparency and efficiency created by blockchain and artificial intelligence will establish a new standard for trust and delivery in the bespoke software industry and capture the market of SMB’s that have been failed by the current process of outsourced software development.

Engineer.ai provides a turnkey platform that takes people with an idea and no know-how and lets them build and operate any bespoke digital project. Once built, it gives everyone a single platform for receiving updates (“BuilderCare”) and a marketplace for all the cloud services and microservices needed to run the idea. This model can be compared to how you buy an iPhone, buy AppleCare, and then buy apps from the App Store. The platform suite allows our customers to benefit from price, speed and operational efficiency without needing to be technically savvy. Software delivery is split between the three components of the platform mentioned below:

Builder: This leverages Human-Assisted Artificial Intelligence that runs the assembly line platform for building bespoke software and uses a distributed trust network to manage identification, delivery assurance, IPR, security, dispute resolution, and stakeholder payments.
BuilderCare: It operates a warranty service that allows customers to get updates to their bespoke software as third-party libraries (Facebook API’s for example) decay over time and support to ensure their projects keep running after delivery.
CloudOps (Platform/Marketplace): It leverages Artificial Intelligence and machine learning to optimize the management and expenses of cloud infrastructure in the most cost-efficient manner. Enables customers to get a discounted single bill for all 3rd party services required by the Software.

OVERVIEW

The Engineer.ai ecosystem and distributed trust platform creates four major benefits for all parties within
the system:

CONFIDENCE: Engineer.ai creates client confidence in software development by making third-party outsourcing simple and accessible to anyone. The Builder and AI-assisted project management features allow people to accurately plan their software build regardless of their technical knowledge or ability to code. As software development becomes a requirement for smaller businesses and non-tech organizations, lowering the amount of expertise required to get a project built will create a significant market opportunity. The decentralized ecosystem and user-centric platform will give more people and businesses the confidence to outsource their idea, and the tools to succeed. Confidence also goes beyond just building. Clients know they will receive the best price and the most efficient way to buy Cloud Capacity and Microservices, letting small business accurately project manage their developments.
TRUST: Clients need to trust that the requirements they specify will be delivered on time, on budget and to their requirements. Contributors need to trust that they will receive accurate project specifications and timely payments. Through Smart Contract resource release, developer quality assurance and budget availability reliant on independently verified deliverables, clients know that their product will be built within the budgetary, time and quality parameters they set.

The Engineer.ai platform ensures that:
• Clients don’t have to rely on instinct to choose teams as they may not have the technical knowledge to accurately vet people.
• Contributors will not have to work with vague and limited briefs.
• Quality assurance is performed by independent stakeholders.

VALUE: Project requirements are matched to a predefined suite of components (building blocks that include code, design and project management and infrastructure project plans) allowing customers to only pay for what is bespoke to them, cutting both timeframes and duplicate work. Existing components (“building blocks”) are added to the project reducing work and resulting in a more technically complete brief. CloudOps are assisted by AI to aggregate usage across all clients driving a better price for all customers through smarter purchasing and predicted usage; coupled with a Wallet that makes using the Cloud a lot more controlled and, in many cases, predictable. The entire ecosystem is designed around aggregating fragmented demand, optimizing it and then consolidating supply. Value is created by removing waste, consolidation and platform volume arbitrage. Client projects are made more cost-effective and inefficiencies are removed from the creation process.
QUALITY: Clients are assured that they can maintain their software without an in-house development team because all successfully built projects are automatically hosted, maintained, and updated via CloudOps, using AI to reduce web service costs and optimize output. This ensures that all fully-delivered projects never stop working. E.ai’s Builder delivers quality through multifaceted quality assurance. Using a combination of AI, autonomous testing and manual QA teams from the capacity network, Builder uses multiple QA Engineers that are not aware of each other and split into two rounds. All delivery stakeholders are required to stake a number of tokens in order to accept an assignment, which means they are invested in producing the best possible quality of work. Their work will then be verified by another delivery stakeholder on the network, thereby acting as an approval process for the first round. The benefits of a decentralized ecosystem for software outsourcing will improve the process for clients and delivery stakeholders and reduce the cost and failure of new projects. To implement these changes, Engineer.ai is building a blockchain and AI-powered solution that will create trust through transparency and value via delivery optimization.

TOKEN DETAILS & DISTRIBUTION

The NAYA token is an ERC-20 utility token that will allow customers to purchase custom software, and transact within our ecosystem of related services, such as cloud hosting and third-party SDKs. Conversely, the token would act as a payment mechanism for capacity partners (dev/design/QA shops, service providers, etc.) and contributors on the network with an assured premium.

Token type: Erc 20
Token name: NAYA
Hard cap: $20M
Total number of Tokens: 1.25B
Issuer: Engineer.ai Naya Limited, Cayman Islands
Jurisdictions that tokens will be offered: Cayman Islands
Jurisdictions that will be excluded from the offering: US, People’s Republic of China
Contributions to be made in ETH, BTC
AML/KYC checks to be required