Korean Pop Sensations BTS Reunite With CASETiFY

The collaboration celebrates the one-year anniversary of the Grammy-nominated group’s hit single, “ON.” HONG KONG and LOS ANGELES, Feb. 26, 2021 /PRNewswire/ — Lifestyle …

Akamai Restructuring Big On Security, Edge Tech & Cost

Akamai Technologies – One of the world’s most prominent global content delivery…

44 Unicorns Created US$106 Billion In India: Report

Mumbai: 44 Unicorns have cumulatively created around US$106 billion in India, according…

Oraichain Launches AI-powered Blockchain Network

The world’s first AI-powered oracle platform, Oraichain, set to combine AI with Blockchain services to introduce a new generation of smart, secure and interoperable smart contracts. Oraichain aims to tackle bottlenecks in traditional oracle systems by making AI API’s scalable, interoperable, accurate and secure. The platform will be easy to use and scalable through bridges to the most popular Blockchain networks. The new interconnected ecosystems set to accelerate Web3, DeFi, enterprise and academia applications. SINGAPORE, Feb. 24, 2021 /PRNewswire/ — Oraichain, a leading AI-powered oracle and blockchain ecosystem supplier, announced it is to expand into the Artificial Intelligence services industry with a new, AI-backed blockchain network.   The expansion is a new milestone on Oraichain’s journey to becoming an advanced, full-service AI ecosystem with the ability to custom create multiple applications and platforms based upon a trusted, transparent and secure blockchain for numerous industry sectors. The new move to launch its blockchain network referred to as Oraichain Mainnet, adds to Oraichain’s plans to expand its suite of AI-based products and services ecosystem, including an AI Marketplace, Data & Request Hub, Publisher Service, Training Service, and Dapp Hosting. Commenting on the move, Dr Chung Dao, CEO, Oraichain Pte. Ltd., said: “Blockchain technology can disrupt traditional sectors suffering decades of inertia. But it needs a boost. We want to push the limits of innovation by being  the first to combine Artificial Intelligence and Blockchain to end the stalemate and create new paradigms in day-to-day service interaction”. According to Reportlinker, the global blockchain market size is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 67.3%. However, traditional blockchain oracles have reached a bottleneck due to an inability to access data and APIs in a scalable, interoperable, accurate and secure manner – This is where AI can add value. Boosting Blockchain with AI Introducing AI to the Blockchain arena provides exponential improvements in data processing. By introducing its blockchain network in partnership with its AI ecosystem, Oraichain delivers the unique infrastructure for AI services and consensus mechanisms for Blockchain services and AI training. The distinctive use of AI APIs also allows Oraichain to process and create data on-the-fly via virtual machines on smart contracts, a step-up from the primary function of traditional Blockchain oracles that purely connect real-world data to store securely. The introduction of AI allows for the upgrade of blockchain platforms by improving data quality, reliability and security through enhanced test cases on the Oraichain network, avoiding intermediaries. By doing so, Oraichain can increase trust and open up unprecedented application functionalities, boosting blockchain and paving the way for a new generation of smart contracts and accelerating Web3, DeFi, and enterprise development applications. Some examples of applications being developed by Oraichain include: yAI.finance, the first use case of Oraichain, a platform in the decentralized finance space using unique AI-based features. Oraichain AI Marketplace, which will provide access to AI products and APIs aiming to become the one-stop-shop for Artificial Intelligence services. aiRight, a patent-pending AI-generated copyright system. The key to expanding the Oraichain network will be interoperability, a standout feature of Oraichain’s roadmap. Once developed, Oraichain will allow for easy and scalable platform adoption through bridges to the most popular Blockchain networks, allowing Oraichain to support more decentralized applications. Oraichain has already worked with multiple industry leaders on real-world use cases, including leading Vietnam-based IT software firm, Rikkeisoft and KardiaChain, a public blockchain and AI virtual assistant development platform, Vaiot. For case studies and more information on Oraichain’s unique partnerships and development projects, please visit Oraichain website.   About Oraichain Oraichain is an AI-Powered Oracle and Blockchain Ecosystem. Oraichain data oracle platform aggregates and connects Artificial Intelligence APIs to smart contracts and regular applications. Founded by Dr Chung Dao, Oraichain’s mission is to be the portal between AI and blockchain technologies, aiming to revolutionize the AI, DeFi, and Blockchain industries. Get Ready for Smart Contracts 2.0: Oraichain Launches New AI-powered Blockchain Network

TikTok And Kuaishou Rival, Lomotif, Sells To ZASH

Lomotif Platform is One of the Top Worldwide Social Video-Sharing Apps Today Definitive Agreement Gives ZASH Majority Controlling Interest BETHLEHEM, Pa. and SINGAPORE, Feb. 23, 2021 /PRNewswir…

What Service Stations Of Tomorrow Look Like – Expo 2020 Dubai

DUBAI, UAE, Feb. 23, 2021 /PRNewswire/ — ENOC Group, the Official Integrated Energy Partner of Expo 2020 Dubai, unveiled its innovatively designed Service Station of the Future, located at the Expo 2020 site.&nbs…

Why ‘Famtech’ Will Become A Major Trend In The Next Few Years

MOSCOW, Feb. 22, 2021 /PRNewswire/ — Famtech is technology designed to help families on their path to prosperity and well-being. While the term is not widely used, the famtech industry already exists and is growing ra…

Cashback & COVID: Changing Consumer Money Habits

SYDNEY, Feb. 22, 2021 /PRNewswire/ — Australia’s latest cashback platform Kickback notes that the COVID-19 crisis is changing the way people spend money, with the rapid adoption of online commerce and u…

Amazon Shifts Fire Stick Production To India In $1 Billion Investment

Bengaluru: Amazon has finally revealed its plans to set up an electronic…

Cybercrime To Cost Over $10 Trillion Annually By 2025

According to a report published by Cybersecurity Ventures, global cybercrime costs will…

Microsoft Moving Into Energy Industry & Global Move Towards Zero Emissions

mPrest software applications on Microsoft Azure will leverage advanced cloud capabilities and ‎technologies to empower digital transformation of the energy industry and global transition toward zero emissions ‎ TEL AV…