Homepage:
https://orai.io/
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Oraichain (ORAI) Price
ORAI
$11.94
Market cap
198,198,306.0
Total volume
4,966,101
Circulating supply
16,646,395
Total supply
18,455,453
Oraichain stands as a groundbreaking data oracle platform, merging Artificial Intelligence APIs with smart contracts to serve as a critical pillar for the innovation of new Dapps powered by AI. Marking its territory as the first AI-driven oracle in the world, Oraichain aims to be a catalyst for transformation across the realms of AI, DeFi, and the broader Blockchain space.
Setting itself apart from traditional oracles that rely on unprocessed data, Oraichain's distinctive AI oracle capitalizes on AI APIs to dynamically generate or process data through virtual machines integrated with smart contracts. This approach significantly enhances data integrity, reliability, and security by employing test cases that bypass mediators, bolster trust, and unlock a breadth of novel functionalities for applications. AI-enhanced oracles represent the avant-garde of smart contract technology.
Oraichain goes further than just data oracles by bridging Artificial Intelligence with Blockchain technology. Anchored by AI, the ecosystem encompasses an AI API marketplace, a Data & Request Hub, Publisher Service, Training Service, and Dapp Hosting capabilities.
The Oraichain network lays down the essential framework and consensus protocols needed for Blockchain and AI model training. This synergistic ecosystem propels the advancement of Web3, DeFi, enterprise, and academic applications. yAI.finance emerges as Oraichain's inaugural application, a DeFi platform infused with distinctive AI-driven features and strategies. The Oraichain AI Marketplace is designed to be the go-to destination for AI services and products, aspiring to fill the AI needs across various sectors.
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