A Decentralized Infrastructure for Machine Learning Applications
OraiChain is a blockchain platform that provides a secure and decentralized infrastructure for the development and deployment of machine learning applications. The platform enables smart contracts to securely access external machine learning APIs and use machine learning models in their operations through oracles. OraiChain provides a marketplace for machine learning providers, a provider platform, and a staking and earning mechanism. The platform is designed to be highly scalable and performant, with cross-chain compatibility that enables it to serve data to most publicly available blockchains.
OraiChain's marketplace provides users with access to a wide range of machine learning providers at competitive prices. The platform's Data Hub is designed to empower the data economy by providing essential tools to work with and monetize data while preserving the royalties of creators throughout the future usage and resale of data. Additionally, OraiChain's new Marketplace is providing access to machine learning products and APIs, aiming to become the one-stop-shop for Artificial Intelligence services.
The platform also offers yield farming using machine learning services on OraiChain, enabling users to leverage AI-based strategies as inputs to smart contracts. OraiChain's flexible smart contracts using face authentication provide several scenarios where face authentication can be useful. Finally, OraiChain's aiRight is a complete copyright management and farming platform for NFTs that harnesses the power of OraiChain's Oracle to determine authenticity and point of origin for multimedia works minted on-chain.
Fake news detection is an interesting use case for leveraging machine learning providers from OraiChain's decentralized marketplace. The platform's marketplace allows for combining results from different providers, ensuring that APIs pass test cases to receive payments. This can help regular applications verify the trustworthiness of news sources and prevent the spread of fake news. Other use cases for smart contracts leveraging machine learning include checking if a product is fake in the supply chain, deciding a loan based on users' credit score, and automatically pricing game items based on their characteristics and DNA. Additionally, OraiChain's marketplace offers automated diagnostics for X-ray images, spam classification, handwriting detection using OCR, and citizen ID card detection using OCR, providing a wide range of AI-powered solutions for businesses and developers.