Tron taps Oraichain to harness AI potential

abdelaziz Fathi

Tron, the blockchain network founded by Justin Sun, has joined the ecosystem of Oraichain with the stated goal of facilitating rapid growth inside the network’s cutting-edge AI Layer 1 infrastructure.

This alliance strives to offer a stable, secure, and high-throughput infrastructure to power advanced solutions that utilize and leverage artificial intelligence. The TRON-Oraichain partnership provides education, incubation, and technical integrations to developers, thereby empowering a complete AI blockchain ecosystem.

“Blockchain based solutions alone are considered revolutionary and disruptive. By providing developers with the tools they need to create innovative AI-powered solutions, TRON and Oraichain are paving the way for a future in which decentralized AI is the norm,” the joint statement reads.

At its core, the collaboration fosters a community of developers, investors, and enthusiasts who are passionate about the potential of blockchain and AI. It will also provide educational resources to help stakeholders familiarize themselves with the technology and how to apply AI across the spectrum of their business.

To make this a reality, the initiative aims to raise awareness around the potential for AI and achieve industry breakthroughs by delivering AI functionality from Oraichain to the TRON network.

Oraichain will work to ensure TVM compatibility whilst using machine learning to build predictive models and optimize business processes. It will also provide documentation in the coming AI Oracle Client SDK to provide smart contracts on the TRON network with AI functionality.

Applying knowledge mining to uncover latent insights from vast repositories of data will enable developers to explore unique use cases, taking advantage of fully decentralized infrastructure to ensure maximum transparency for data sources, model accuracy, execution, and royalty distribution. Oraichain advisory board also guides the projects in the matters of technical optimization, business models, development strategies and so on.

Finally, the partnership will also allow for the transfer of assets between the TRON blockchain and Oraichain though adding TRC20 token compatibility to OraiBridge. This makes it possible to create new asset pairs on OraiDEX and power cross-chain DeFi projects to harness the potential of AI. It will also mark the first available bridge between TRON and the IBC ecosystem, expanding diversification opportunities for both ecosystems.

Originally launched in 2020, Oraichain is a data oracle platform that combines artificial intelligence (AI) within a blockchain infrastructure to introduce breakthrough technologies. The project acts as a bridge that creates the framework for AI-powered smart contracts and Dapps in the future. Oraichain is backed by a team with an extensive background in computer science and blockchain technology.

Being an Oracle platform, Oraichain is able to handle a range of data validation tasks. This includes biometric authentication, automated trading based on price prediction and AI strategy, loans based on credit ratings, product comparison, in-game item valuation, and more.

Read this next

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Digital Assets

Prisma Finance suffers $10 million crypto exploit, attack ongoing

Liquid staking protocol Prisma Finance fell victim to a security exploit on March 28, resulting in nearly $10 million in Prisma mkUSD and wrapped stETH being stolen by hackers.

Digital Assets

Masa and LayerZero: Bridging Blockchains for Data Sovereignty

Masa Network is poised to revolutionize the personal data landscape with its upcoming launch as a cross-chain platform, making it accessible on a variety of blockchains right from the start.

Digital Assets

Big Time Generates over $100M in Revenue since Preseason

Innovative game developer Big Time Studios announces that its highly anticipated free-to-play multiplayer action/MMO RPG Big Time, has generated $100M in revenue. According to the team, players transacted a total volume of over $230M, without selling a single token.

Digital Assets

Centralized exchanges are 10 times more popular than DEXs in Western Europe

Western European traders are found to prefer centralized exchanges over decentralized ones as CEX traffic outpaces DEXs by a factor of ten.

Market News

Stock Market Analysis: Is NVDA Losing Its Leadership?

Since the beginning of the week, the S&P 500 Index (US500) has seen a modest increase of about 0.58%, whereas NVDA’s share price has experienced a decline of approximately 3.8%. This recent divergence raises concerns among Nvidia stock investors — could it signify a loss of NVDA’s market leadership?

Industry News

ESG: Australian regulator wins first greenwashing court case against Vanguard

Vanguard admitted that a notable portion of the securities within both the Index and the Fund did not undergo the promised ESG scrutiny.

Fintech, Uncategorized

BitMEX integrates HALO from Solidus Labs for cross-market surveillance

“The recent approval of the Spot Bitcoin ETF has piqued the market’s interest. As a result of price volatility, the trading volumes for crypto derivatives have gone up substantially. HALO, with its advanced technology and crypto-native detection architecture, will enable BitMEX to smoothly and safely scale trade surveillance across its increased trading volumes and provide the necessary safeguards for new product launches.”

<