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PR Newswire

MOTI Launches The Ultimate New Smart Pod System MOTI•S Lite

SHENZHEN, China, Feb. 26, 2021 /PRNewswire/ -- A pod system is a reusable e-cigarette composed of a pod and a device that helps smokers quit smoking. People only need to change the pod, which is more economic compared ...

Innodisk Announces New Industrial-Grade Products For Embedded World 2021

TAIPEI, Feb. 26, 2021 /PRNewswire/ -- Innodisk is proud to announce multiple new products coinciding with Embedded World 2021, to be held from 1 - 5 March 2021. As a leading global provider of in...

Shinhan Perkasa Holdings Announces Key Employee Promotion

SEOUL, South Korea, Feb. 26, 2021 /PRNewswire/ -- Shinhan Perkasa Holdings, a market-leading boutique wealth management company located in Seoul, has today announced a recent promotion.  Ko Yeon-Hong, a long...

ALKO Introduces Specialty Arabica Kerinci Coffee to the China Market

Adopting #coffeetraceability blockchain technology, ALKO buyers can now trace the journey of coffee from farm to cup.

JAMBI, Indonesia, Feb. 26, 2021 /PRNewswire/ -- In the Virtual Indonesian Coffee Promotion 2021 for China market held by the Ministry of Foreign Affairs of the Republic of

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Experience 5G with YOFC | YOFC Underlines its Open and Smart Profile at MWC Shanghai 2021

SHANGHAI, Feb. 25, 2021 /PRNewswire/ -- On February 23, the world-class mobile communications event -- Mobile World Congress (MWC) Shanghai 2021 (MWC Shanghai 2021) returned at the Shanghai New International Expo ...

Asia’s 50 Best Restaurants Names DeAille Tam as Asia’s Best Female Chef 2021

SHANGHAI, Feb. 25, 2021 /PRNewswire/ -- DeAille Tam, executive chef and co-founder of Obscura in Shanghai, has won the title of Asia's Best Female Chef 2021, sponsored by Cinco Jotas. William D...

Insilico Medicine Achieves Industry First Nominating Preclinical Candidate Discovered by AI

Insilico Medicine Achieves Industry First Nominating Preclinical Candidate for Idiopathic Pulmonary Fibrosis With Both Novel Drug Target and Novel Molecule Discovered by Artificial Intelligence

HONG KONG, Feb. 25, 2021 /PRNewswire/ -- Insilico Medicine

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Get Ready for Smart Contracts 2.0: Oraichain Launches New 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.

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  • 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:

  •, 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
Get Ready for Smart Contracts 2.0: Oraichain Launches New AI-powered Blockchain Network

Acer Receives Silver Class Distinction in the S&P Global Sustainability Yearbook 2021

TAIPEI, Feb. 23, 2021 /PRNewswire/ -- Acer Inc. has received a Silver Class distinction in the S&P Global Sustainability Yearbook 2021, which features only the top ESG (environmental, social ...

Gravity Game Tech Officially Launches ‘THE LORD’, along with Various Events for Users

KUALA LUMPUR, Malaysia, MANILA, Philippines and SINGAPORE, Feb. 23, 2021 /PRNewswire/ -- After releasing its Close Beta Test twice on 13 January - 16 January and 18 February -  21 February 2021, 'THE LORD' has rec...

New Tanqueray 0.0%: All The Taste, Zero Alcohol

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uCloudlink Accelerates Business Expansion and Strengthens Local Distribution Network in the United States with NewCore Wireless

HONG KONG, Feb. 22, 2021 /PRNewswire/ -- UCLOUDLINK GROUP INC. (NASDAQ: UCL, "uCloudlink"), the world's first and leading mobile data traffic sharing marketplace, is fast-tracking its business expansion in No...

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SHAREit Issued an Official Statement Regarding Data Security Incident

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CBAK Energy Develops Special 26650 Battery for Ultra-low Temperature Application

DALIAN, China, Feb. 19, 2021 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution pr...

Frost & Sullivan Shares Strategic Overview of Key Industries and Investment Opportunities in India by 2025

Along with industry experts from NITI Aayog and Aditya Birla Group, Frost & Sullivan will discuss India's economic development and fastest-growing sectors SANTA CLARA, Calif., Feb. 19, 2021 /PRNewswire/ -- Fr...

XCMG Creates Strong Partnership with Tsingshan Group to Build New Energy Base for NEV R&D and Production

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China SXT Pharmaceuticals, Inc. Announces 1 for 4 Reverse Share Split

TAIZHOU, China, Feb. 19, 2021 /PRNewswire/ -- China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) ("China SXT" or the "Company"), a specialty pharmaceutical company focusing on the researc...

Dole Launches Sunshine For All Fund Fueling Innovation To Close The Gaps On Good Nutrition

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BeeCruise’s E-commerce Site "Buyee" Presents "Japanese Stamps Special Feature" for Half-price International Shipping Fee Until Sunday, February 28

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Future FinTech and Xi’an Jiaotong University have worked together to establish Blockchain Finance Research Institute

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Luokung Technology Corp. Announces $100 Million Registered Direct Offering Priced at the Market under Nasdaq Rules

BEIJING, Feb. 17, 2021 /PRNewswire/ -- Luokung Technology Corp. (the "Company" or "Luokung") (NASDAQ: LKCO), today announced that it has entered into a securities purchase agreement with certai...

GA technologies Recognized for Second Straight Year as One of Japan’s "Great Place to Work"

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CGTN:What is China’s role in global fight against COVID-19?

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Menarini Silicon Biosystems announces launch of CellMag™ product line offering affordable Gold Standard Circulating Tumor Cells capture

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Agreement Between Maire Tecnimont Group and Essential Energy USA Corp for a New Renewable Diesel Biorefinery in South America

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International Solar Alliance Special Assembly Elects Dr Ajay Mathur As New Director General

NEW DELHI, Feb. 15, 2021 /PRNewswire/ -- The International Solar Alliance (ISA) announces Dr. Ajay Mathur as its new Director General following his election at the first special assembly, held virtually. ...

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