Accelchain, a specialist in generative AI, DevOps, and security for cloud platforms, has been awarded a Decentralized Futures Grant aimed at advancing its decentralized application (dApp) platform within the Polkadot ecosystem.
This grant will facilitate the integration of Accelchain’s platform with Substrate, a framework designed for developing dApps on Polkadot. According to Accelchain, this integration allows developers to create and deploy Substrate-based dApps without the need for coding.
To foster growth, Accelchain is focusing on expanding its community by engaging with developers and enterprise partners. The company has established collaborations with node providers, including Google Cloud, and is conducting developer outreach initiatives at universities and decentralized autonomous organizations (DAOs).
Since launching its no-code platform in October 2023, Accelchain has attracted approximately 2,000 developers, with aspirations to increase that number to 20,000 by the end of 2024. The platform utilizes Large Language Models (LLMs) to generate dApps tailored to user specifications, validate business logic, and secure applications in real-time.
Additionally, Accelchain’s AI model can identify and prevent malicious transactions instantaneously, safeguarding Web3 applications against threats like front-running and sandwich attacks.
Founded by Krishna Srinivasan and Ram Shanmugam, Accelchain is committed to enhancing Polkadot compatibility while growing its developer community through workshops and hackathons. Both founders previously co-founded AutonomIQ, a generative AI software testing platform that was acquired by Sauce Labs. The Accelchain team also includes former employees from major companies such as Google and ServiceNow.
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