Oraichain ORAI Price

Oraichain, a notable player in the blockchain sphere, has been pioneering unique approaches to integrating Artificial Intelligence (AI) with blockchain technology. Launched in 2021, Oraichain's white paper outlines its ambition to utilize AI in enhancing smart contracts and decentralized applications (DApps). This integration aims to bring a new level of intelligence and efficiency to blockchain networks, opening a realm of possibilities in various sectors including finance, healthcare, and education.

Central to Oraichain's philosophy is the use of a specialized AI Oracle, which bridges external AI services with blockchain ecosystems. This feature allows for the seamless incorporation of AI-based decision-making and data analysis within smart contracts. Oraichain's infrastructure is primarily developed using python, chosen for its robustness and versatility in handling complex blockchain and AI operations.

What is unique about Oraichain (ORAI)?

Oraichain stands out as the world's first AI-powered oracle and ecosystem for blockchains, uniquely integrating AI with blockchain to develop next-generation Web3 dApps.

Who are the founders of Oraichain (ORAI)?

Oraichain was co-founded by Chung Dao, Tu Pham, and Diep Nguyen. Chung Dao serves as the CEO, Tu Pham as the CTO, and Diep Nguyen is the COO of the company.

Who are the backers/investors of Oraichain (ORAI)?

Oraichain has received backing from venture capital firms such as Animoca Brands, AU21 Capital, and Draper Dragon.

What is the consensus mechanism of Oraichain (ORAI)?

Oraichain actually utilizes a combination of consensus mechanisms: Delegated Proof of Stake (DPoS), Proof of Correctness (PoC) and Proof of Execution (PoE).

Where can I buy Oraichain (ORAI)?

You can buy Oraichain (ORAI) on MEXC, Gate.io, Bitget, KuCoin, Crypto.com cryptocurrency exchanges.