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Mainnet: 2021
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Oraichain is the market's first decentralized AI platform that combines artificial intelligence with blockchain technologies to create Oracle services. The main goal of the project is to integrate AI-based solutions into smart contracts and decentralized applications (dApps), expanding their capabilities through access to external AI services. Oraichain can be used to provide accurate predictions, data generation, machine learning, image recognition and other AI tasks within smart contracts. This allows developers to create new types of dApps that have access to real-world data and AI analytics.
Main components of the platform:
Oraichain Oracle is a service for providing access to AI services in real time through smart contracts.
Oraichain AI Marketplace is a decentralized platform for selling and buying AI models.
Oraichain Bridge is a bridge for communication with other blockchains that provides cross-chain communication.
Oraichain combines artificial intelligence (AI) with blockchain through Oracle services. Key tasks include:
Oraichain Oracle:
Request: Smart contracts send requests to perform AI tasks (data processing, image recognition, etc.).
Execution: Oracle forwards the request to AI models available on the platform.
Result: Processed data is returned to the smart contract.
AI Marketplace:
A platform where developers sell AI models, and users integrate them into smart contracts.
Oraichain Bridge:
Enables cross-chain communication, allowing other blockchains to access AI services.
Staking and Governance:
The ORAI token is used for staking, rewards, and participation in network governance.
Oraichain offers a revolutionary approach to combining artificial intelligence and blockchain, providing unique capabilities that set it apart from other platforms:
AI in smart contracts: Oraichain allows decentralized applications (dApps) to use external AI models for automated data analysis, prediction and other intelligent tasks. This extends the functionality of conventional smart contracts, making them much more adaptive and intelligent.
Decentralized AI Marketplace: The platform offers a place where developers can create and sell AI models and users can integrate them into their projects. This creates a unique ecosystem approach to collaboration between developers and enterprises.
Cross-chain communication: Thanks to the Oraichain Bridge, different blockchains can access AI Oracle services, which allows innovative solutions to be used in any ecosystem, including Ethereum, Binance Smart Chain and others.
Security and Decentralization: Using the ORAI token for staking and participation in governance, the platform ensures decentralized decision-making and network stability.
Innovative capabilities for DeFi and NFT: Oraichain opens up new horizons for DeFi and NFT projects by adding capabilities for AI analytics, risk assessment and other complex real-time calculations.
Choosing Oraichain means investing in a future where AI and blockchain work together to create decentralized, intelligent solutions.
