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Oraichain Launches Rebranded DINO Hub To Transform The Web3 Creator Economy With Data & AI

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Tortola, British Virgin Islands–(Newsfile Corp. – June 1, 2022) – Oraichain, the world’s first AI Layer 1 for Data Economy and Oracle services, announced today the arrival of DINO Hub (Data Intelligence and Oracle), a web3-inspired platform that aims to expand the lifecycle of data and AI to the blockchain industry.

Image source: Oraichain

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DINO Hub is a newly launched rebrand of Oraichain’s original Data Hub, structured with one main portal, the DINO Center, and two satellite ports, Data Marketplace and AI Marketplace. The DINO Center will play a key role in Oraichain’s mission to build a bridge to connect AI to smart contracts. It aims to be the go-to center for creators and builders of intelligent systems in Web3, providing access to crowdsourced tools for creating datasets, analyzing data and training AI and machine learning models.

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As for the Data Marketplace, this is a portal that’s dedicated to data-focused businesses involved in buying, selling, requesting and staking. Unlike conventional data marketplaces, DINO Data Marketplace is focused specifically on test case data that can be used to validate the robustness, accuracy and generalizability of AI models in a decentralized fashion. Oraichain foresees a big demand for trusted AI models in the decentralized application space and Data Marketplace aims to fulfill this need.

The DINO Hub AI Marketplace enables the exchange of AI services. It will serve as a one-stop shop for AI solutions that can seamlessly integrate with smart contracts to be embedded directly into business. Within the AI Marketplace, there will be specific AI service categories for “defending” and “automation” that helps developers to quickly find what they’re looking for.

Oraichain is rebranding Data Hub for both technical and pragmatic reasons. From a technical perspective, it makes sense because the DINO Center, Data Marketplace and AI Marketplace each appeal to a different technical base – for example, labeling tools and analytics tools require high-level backend specifications, while the marketplaces place more emphasis on the user experience. On a pragmatic level, DINO Hub introduces many innovative concepts and functions, and so the division of services provides a friendlier interface and more seamless navigation of the various features it offers.

DINO Hub will enable the Web3 developer community to contribute to the ecosystem. Users can contribute to DINO Hub as an annotator, labeling data and creating test cases. Data providers can provide datasets and AI services to the Oraichain community via DINO Hub’s marketplaces, and users can also request data, conduct online surveys or outsource AI solutions. Other ways to participate include testing AI services to validate AI models and integrating dApps with DINO Hub’s oracles. 

Oraichain’s DINO Hub, Data Marketplace and AI Marketplace will launch in the second quarter of 2022.

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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.

Contact:
Duc M. Tran
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/126146

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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