What is Orai Chain?
Oraichain is an innovative platform that combines artificial intelligence with blockchain technology. It serves as a foundational layer for smart contracts and decentralized applications, enabling the integration of complex AI models. Users can access AI algorithms through its marketplace and participate in governance through staking ORAI tokens. Oraichain bridges the gap between traditional smart contracts and advanced AI capabilities, unlocking new possibilities for decentralized applications.
What role does AI play in Oraichain?
AI plays a pivotal role in Oraichain, acting as a bridge between artificial intelligence and blockchain technology. It facilitates the integration of AI models into smart contracts and decentralized applications. Oraichain enables secure access to external AI APIs, enhancing the functionality of smart contracts. Through its AI marketplace, users can access a variety of AI algorithms and models, while AI developers can publish, manage, and monetize their work on a global scale. Additionally, AI is used to validate data from various sources, ensuring accuracy and reliability within the ecosystem.
What are the main use cases enabled by Oraichain?
Orai Chain enables a wide range of use cases by combining the power of blockchain technology with trustworthy AI capabilities. Some of the main use cases include:
- Integration of AI into smart contracts: Oraichain allows for the execution of AI models within smart contracts, enabling applications such as biometric identification, automated trading, lending based on credit scores, and product comparison.
- Access to AI algorithms and models: Users can access a wide range of AI algorithms and models from different providers through Oraichain's AI marketplace, enhancing the functionality of their applications.
- Monetization of AI services: AI developers can publish, manage, and monetize their AI models on Oraichain, providing opportunities for earning rewards from users on a global scale.
- Secure data access: Oraichain provides a secure and decentralized platform for accessing external AI APIs, ensuring the integrity and reliability of data used in smart contracts and decentralized applications.
- Governance through staking: Users can participate in the governance of the Oraichain network by staking ORAI tokens, allowing them to govern the platform's operations and earn rewards in the process.