What does @Oraichain‘s AI Oracle bring to the table that other Oracles such as $LINK can’t?
Let’s dive into this brief exploration!
Traditional oracles like Chainlink focus on :
- Aggregating and validating data from trusted sources for smart contracts
Oraichain enhances blockchain oracles with a unique AI layer to overcome a specific challenge :
Problem : Today’s AI and automation tools are facing a serious lack of trust The danger is multiplied tenfold when more and more widespread AI agents are entrusted to execute financial actions in DeFi
Solution : Oraichain’s Oracle AI provides a simple system that allows any AI model using an API to :
- Onboard the oracle
- Provide test cases for backtesting/benchmarking
Conclusion : The AI Oracle is the key link in making AI and data reliability transparent for everyone This is a universal decentralization point, compatible with any AI model, whether it is :
- Open source
- Closed source
- Centralized
Decentralized This extra step of AI model surveillance and benchmarking guarantees the data and AI are :
- Reliable
- Unbiased
- Trustworthy
Oraichain’s AI Oracle can do things Chainlink can’t do straightforwardly
It opens doors to more advanced and AI-specific applications in the blockchain world!
Note: Regarding the unique value proposition offered by Oraichain’s technology, and the networking work done by @TyreeRobinson (Head of Ecosystem) at ETH Denver : I won’t be surprised if several partnerships are announced in the coming weeks
