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DeepBrain Chain is a decentralized neural network and artificial intelligence computing platform based on blockchain technology that is headquartered in Singapore, Singapore. The DeepBrain Chain platform allows users to buy and sell computing resources for artificial intelligence purposes. The platform uses its own native cryptocurrency token, called DBC, for transactions using NEO smart contracts. According to the companies website The DeepBrain Chain platform can save up to 70% of computing power costs for enterprises.
On September 8, 2019 DeepBrain Chain announced raising $4.92 million in venture funding from GSR Ventures Management Co., and Gobi Partners. The company plans on using their venture funding to establish a laboratory in partnership with the Chinese Academy of Sciences's Shanghai branch.
On December 15, 2017 DeepBrain Chain held their initial coin offering (ICO) selling approximately $11.8 million worth of their platforms cryptocurrency token DBC.
On November 9, 2018 DeepBrain Chain announced raising an undisclosed amount of corporate funding funding Gobi Partners.