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Along with the vigorous movement of blockchain technology development around the world, Oraichain is proud to be the pioneer blockchain platform in integrating Artificial Intelligence (AI) into Smart Contracts for the decentralized applications (dApps).
Built upon the stability and high throughput of the Oraichain Mainnet 2.0 network (most recent update), Oraichain has constantly expanded and streamlined its ecosystem including AI Oracles services, decentralized finance (DeFi) applications, applications for digital assets (NFTs), Games, Web3, and programming libraries & development environments for programmers. In each module and product in the Oraichain ecosystem, the interaction and mutual support between two major technologies - AI and Blockchain - is always meticulously and creatively designed. Our destined mission is to maximize the potential of AI and Blockchain.
Now, let's take a look at the outstanding services and platforms in the Oraichain ecosystem:
AI Oracles:
AI Oracle is the data delivery mechanism for smart contracts with AI integration. Theoretically, traditional Oracle services can feed any data to a smart contract. However, how can that data source be trusted, especially if that data is generated from the computation of a centralized AI service (centralized AI API)?
To answer this question, it's the trust in the results of an AI service is key to developing fully decentralized applications with AI integration. In addition, being able to integrate AI into smart contracts would enable the possibility in terms of unprecedented application for blockchains. Therefore, Oraichain offers the world's first AI Oracle mechanism to verify the execution and correctness of AI in smart contracts. Some of the important Oracle and Oracle AI services of Oraichain include price feed (AI price feed), Originality Check, verifiable random value generator (Oraichain VRF 2.0).
These services are operated on the Oraichain Mainnet 2.0 and are integrated in many Oraichain products, and can be used on many different blockchains such as Cosmos, Ethereum, BNB Chain, Avalanche, Fantom and many others in thefuture.
Royalty Protocol:
Sharing profits from authorship and ownership is one of the effective ways to incentivize creators (such as app developers and artists) to keep up with the upsurge of Web 3.0 innovation in order to get benefits from the value they create. Oraichain creates a Copyright Protocol with transparent and systematic profit sharing settings. Oraichain's Royalty Protocol not only emphasizes on a specific individual, but is also customizable for many parties involved in the digital product creation/building process.
Oraichain DINO Hub:
DINO, which stands for Data Intelligence and Oracle, is a Web3-inspired platform that aims to innovate trust and decentralization through expanding the lifecycle of Data & AI to Blockchain. DINO Hub is structured with one main center, called DINO center, and two satellite ports namely Data Marketplace and AI Marketplace.
- DINO Center: Dedicated to providing crowd-sourcing tools for creating datasets and analytics tools for analyzing data or training Machine learning or AI models. DINO center can be thought of as a center for creators and builders, who join Web3 to create data, test cases, or intelligent solutions (AI models).
- Data Marketplace: Dedicated to many data-related businesses such as selling, buying, requesting, and staking. Unlike conventional data marketplaces, DINO Data Marketplace will focus on a special kind of data: test case data. Test cases are to validate AI models in a decentralized fashion: their robustness, accuracy, and generalizability. Only those who pass the test can be considered “trustful” to be used in decentralized applications. We estimate a great demand for this type of data in the near future.
- AI Marketplace: Dedicated to the exchanging of AI services. DINO AI Marketplace allows the provision, purchase, and use of services related to AI models. 3rd party developers can make their AI models available on the AI Marketplace and collect profits from selling them to those who need them with custom quotas and prices. AI Marketplace helps parties with different needs in the field of AI access each other in a centralized manner, while transactions are completed transparently and decentralized through the Oraichain Mainnet 2.0 network.
aiRight (NFT digital asset trading and management):
Launched in June 2021, aiRight is a decentralized platform providing NFT-related services. With AI services available on aiRight, users can turn their artworks into NFT digital assets stored on the blockchain and a variety of related operations such as creating their own galleries (gallery). ), buy, sell or auction these properties. aiRight emphasizes on copyright protection of works by using Originality Check and Royalty Protocol from Oraichain, creating a healthy and safe environment for creators.
yAI.Finance for Decentralized Finance:
yAI.Finance allows users to trade and manage digital assets without a trusted intermediary, while applying algorithms and artificial intelligence Optimizing investments.
OraiDEX:
OraiDEX is a decentralized exchange using smart contracts based on CosmWasm, focused on serving the Oraichain ecosystem and other projects in the Cosmos ecosystem (via the Inter-Chain Communication Protocol - IBC). Built on the Oraichain Mainnet 2.0 platform, OraiDEX allows users to trade (Swap), provide liquidity (Pools) and convert a variety of digital assets between different blockchains in a safe and secure manner. and speed.
OraiBridge:
OraiBridge was first introduced in March 2021 to help users convert digital assets between different blockchains networks depending on investment purposes. As expected, OraiBridge will complete the decentralized mechanism with many independent validating nodes by the end of April 2022, enhancing security and automation for transactions. This will be a common cross-chain bridge for all popular digital assets such as tokens and NFTs on the Oraichain network.
Oraichain Wallet:
Oraichain Wallet is an electronic wallet connected to Oraichain Mainnet 2.0, acting as a payment intermediary for many applications and products running in the ecosystem. Users will be able to perform asset transfer/receipt transactions between addresses on the Oraichain Mainnet 2.0 and a variety of assets on other networks in the near future.
Kawaii Islands & Kawaiverse:
Oraichain marks another foray into the GameFi and Metaverse fields with the game Kawaii Islands. As a simulation game that allows players to design, build, craft, grow crops or participate in social activities, Kawaii Islands incorporates many Play-to-Earn mechanics and is transforming itself into an anime metaverse to bring more new and unique experiences to players.
CosmWasm IDE
Cosmos is a thrivingvery fast growing blockchain ecosystem with strong technical background. Currently, there are more than 263 projects operating in the Cosmos system, with many billion-dollar projects such as Terra, Cronos, Osmosis, Cosmos Hub. The CosmWasm IDE environment developed by Oraichain will help project developers write code, run tests, detect errors, and share common modules more conveniently and faster.
