Smart Contract Execution for AI Operations

Smart contracts play a crucial role in Coven Chain by automating key aspects of decentralized AI workflows. These self-executing contracts, embedded directly in code, manage resource allocation, execute AI tasks, handle payments, and provide secure data access across the network. This automation enables seamless interactions between users and computational resource providers, streamlining AI development and deployment.

The native $CVAI token facilitates transactions within the ecosystem, ensuring that all participants are compensated fairly and efficiently. Upon task completion, smart contracts automatically handle payments, making the process trustless and eliminating the need for intermediaries.