In light of the fact that artificial intelligence has officially entered the mainstream, Oraichain has collaborated with TRON to support the next generation of AI developers. Together, they will endeavor to strengthen the future of decentralized AI through education, incubation, and the integration of technical features.
Oraichain and TRON have entered into a partnership with the intention of enhancing the functionality of smart contracts and developing novel use cases. With the provision of education, incubation, and technical integrations to developers, this collaboration helps to ensure the continued success of decentralized AI.
This, in turn, gives developers the ability to build innovative solutions that make use of and capitalize on artificial intelligence. While this collaboration represents a huge step forward in the advancement of blockchain technology, the addition of AI is anticipated to completely transform the sector.
Oraichain and TRON are laying the groundwork for a future in which decentralized AI will be the standard by equipping developers with the tools they require to develop breakthrough AI-powered products. Oraichain and TRON will join forces to cultivate a community of fans, developers, and investors who are enthusiastic about the possibilities presented by blockchain technology and AI.
Both of these initiatives will also provide training tools to assist developers in improving the functionality of smart contracts and creating new use cases. The purpose of these initiatives is to help developers understand more about the technology and how to incorporate it into their projects.
Helping Developers to Build Advanced AI-Powered Solutions
This partnership is expected to change the blockchain industry by giving developers the ability to design superior AI-powered solutions. This will highlight Oraichain’s and TRON’s commitment to innovation as well as cutting-edge, decentralized technology. Their shared objective is to educate people about the opportunities presented by AI and blockchain technology.
The goal is to lure talented AI engineers and bring the AI capabilities of Oraichain to the TRON Network. Oraichain has, ever since it was founded, been dedicated to fulfilling its mission of offering AI Oracle services for smart contracts across multiple chains. Oraichain’s infrastructure includes every important ingredient necessary to enable an open economy for AI and data.
Its development has coincided with the maturation of the network itself, which has allowed the vision to grow. This includes the capability to submit models to AI Oracle as well as decentralized file storage, AI and crowdsourced data annotation, model training and test cases, on-chain execution, a data and AI marketplace, and on-chain execution. Oraichain is prepared to assume its function as the central coordination point for decentralized AI.
It anticipates that this partnership with TRON will result in an increase in the number of independent AI developers they work with, the development of talent, and the delivery of new functionality that is compatible with TVM smart contracts. Oraichain will also strive to guarantee that TVM is compatible with the upcoming AI Oracle Client SDK and will offer documentation for it.
This will allow Oraichain to deliver AI capability for use in smart contracts on the TRON Network. Developers will be able to explore unique use cases within an ecosystem that was built for data and AI. They will be able to take advantage of a fully decentralized infrastructure that guarantees maximum transparency for data sources, model accuracy, execution, and royalty distribution.
Expanding Diversification Opportunities for Both Ecosystems
Oraichain will also introduce TRC20 token compatibility to OraiBridge, which will make it possible to move assets between the TRON Network and Oraichain in a straightforward and risk-free manner. This will open the door to interesting new cross-chain DeFi prospects and provide the opportunity to provide new asset pairs on OraiDEX.
This will also be the first available bridge connecting the TRON ecosystem and the IBC ecosystem, boosting the possibility for both ecosystems to participate in diversified activities. An intriguing hackathon is also being organized in collaboration between the two platforms. The beginning of HackaTRON Season 4 took place on February 1, 2023, and Oraichain announced that Tung Do, CEO of Oraichain Labs US, will be joining the panel of judges.
Tung Do will join the panel for the HackaTRON competition being held during this season. The three previous seasons of this hackathon, which is considered to be one of the largest competitions in the blockchain industry, have seen a total of more than 2,300 participants BUIDLing in several tracks, including DeFi, GameFi, Web3, NFTs, and others.
Oraichain is the first blockchain ecosystem and oracle to be driven by AI in the world. Oraichain aims to become the first AI Layer 1 in the Blockchain sphere with a complete AI ecosystem. This will allow it to act as a foundational layer for the development of a new generation of smart contracts and decentralized applications (Dapps). Beyond data oracles, this will allow Oraichain to compete with other blockchain projects.
Oraichain has also developed a wide variety of essential and cutting-edge products and services by utilizing AI as its primary building block. Some of these products and services include AI price feeds, fully on-chain VRF, Data Hub, AI-based NFT generation and NFT copyright protection, AI Marketplace with 100+ AI APIs, AI-powered Yield Aggregator Platform, Royalty Protocol, and Cosmwasm IDE.
TRON DAO is a community-run DAO aimed to promote the decentralization of the internet through blockchain technology and dApps. After the MainNet debut in May 2018, the TRON network, which was established in September 2017 by H.E. Justin Sun has continued to deliver outstanding accomplishments. July 2018 highlighted the ecosystem integration of BitTorrent, a pioneer of decentralized Web3 services with over 100 million active users per month.
In recent years, the TRON network has achieved amazing traction. According to TRONSCAN, there are over 141 million user accounts on the blockchain, over 4.8 billion transactions, and over $11.2 billion in total value locked (TVL) as of February 2023. In addition, TRON holds the world’s largest supply of USD Tether (USDT) stablecoin, surpassing USDT on Ethereum since April 2021.
