Oraichain is a data oracle platform that aggregates and connects Artificial Intelligence APIs to smart contracts and regular applications.
The blockchain network is built based on Cosmos SDK along with Terdemint’s Byzantine Fault Tolerance consensus that helps speed up transactions’ confirmation time.
When ORAI mainnet is officially launched, the ORAI token is required to secure and power the decentralized oracle network of validators. The native ORAI token is used for: