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About Oraichain Token
“Oraichain is a data oracle platform that aggregates and connects Artificial Intelligence APIs to smart contracts, serving as a foundational base for creating new Dapps leveraging AI technologies. Oraichain is the world’s first AI-powered oracle aiming to revolutionize the AI, DeFi, and Blockchain industries.
Unlike regular oracles that use raw data, Oraichain’s AI oracle uniquely uses AI APIs to consume or create data on the fly via virtual machines on smart contracts. Data quality, reliability, and security are enhanced using test cases, which help avoid intermediaries, increase trust, and open up unprecedented application functionalities. AI-powered oracles are the new generation of smart contracts.
Beyond data oracles, Oraichain interconnects Artificial Intelligence and Blockchain technologies. With AI as the cornerstone, the Oraichain ecosystem contains an AI API marketplace, a Data & and Request Hub, a Publisher Service, a Training Service, and Dapp Hosting.
Oraichain network provides the infrastructure and consensus mechanisms for Blockchain and AI training. These interconnected ecosystems accelerate the development of Web3, DeFi, enterprise, and academia applications. yAI.finance is the first case of Oraichain, a DeFi platform that uses unique AI-based features and strategies. Oraichain AI Marketplace offers AI products and APIs to become the one-stop-shop for Artificial Intelligence services.”
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