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Blockchain

Openfabric's Blockchain tech leverages the blockading as one of its fundamental layers, user to allow scalability state replicate and economic interactions.

Reasons Why Bitcoin is Volatile
Nov 15, 2024 6 minutes

Reasons Why Bitcoin is Volatile

One the quality of a good crypto trader is the ability to recognise when a cryptocurrency is about to rise or plummet. For investors likewise, knowing when to put your money into cryptocurrency trading is the beginning of success and huge earnings. Bitcoin, being the pioneer cryptocurrency, has gained massive popularity in the years following […]

Crypto Hot Wallet Vs Cold Wallet: Understanding the Difference
Nov 1, 2024 5 minutes

Crypto Hot Wallet Vs Cold Wallet: Understanding the Difference

A crypto wallet is a software that stores your cryptocurrency keys and gives you access to your assets. Generally, cryptocurrency wallets contain an address that is specific and a unique private key that gives the owner access to the wallet. Thus, anyone that has this key can access that wallet and perform transactions on it. […]

Openfabric September Ecosystem Roundup
Oct 8, 2024 7 minutes

Openfabric September Ecosystem Roundup

Welcome to the September edition of the Openfabric Ecosystem Roundup! As we move into the last quarter of 2024, the Openfabric AI community continues to thrive, with exciting developments shaping the future of Artificial Intelligence and decentralized ecosystems. This month has indeed been packed with numerous innovations, exciting partnerships, and new initiatives, all of which […]

6 Things You Should Know About Music NFTs: A Guide
Sep 20, 2024 7 minutes

6 Things You Should Know About Music NFTs: A Guide

Music is as old as humanity itself. From time immemorial, humans have created beats, melodies and rhythms that are pleasing to the ears. But as the years roll by, music changes. Another revolution is about to come in the music industry and it is not just limited to the beats. NFTs or Non-Fungible Tokens have […]

How To Utilize AI-Based Bitcoin Mining
Sep 6, 2024 6 minutes

How To Utilize AI-Based Bitcoin Mining

In an ever-shifting industry that involves technology and finance, Bitcoin mining is now a key point of digital currency. In the past, mining required a strong processing unit that solved complicated mathematics problems and at the same time secured the network to be rewarded. However, with the rise of competition for blocks, the process of […]

Blockchain and NFT Based Real Estate Investment
Aug 30, 2024 5 minutes

Blockchain and NFT Based Real Estate Investment

The world changes in various ways that we may not be able to anticipate. Since the implementation of blockchain technology into industries, these changes have grown significantly. Similarly, a groundbreaking innovation is disrupting the traditional real estate industry nowadays. This new innovation is the creation of NFT based real estate investment opportunities for wealth creation. […]

Introducing the Openfabric Blockchain Explorer
Jul 19, 2024 3 minutes

Introducing the Openfabric Blockchain Explorer

The emergence of cryptocurrency and blockchain technology has created numerous possibilities in various sectors. Thus, people carry out cryptocurrency transactions every second in different industries. Transactions carried out using traditional financial tools have severe limitations. These limitations make it harder for users to fully explore these tools. Hence, the problem that blockchain platforms aim to […]

What is the Significance of Blockchain Technology in Banking?
Jul 16, 2024 8 minutes

What is the Significance of Blockchain Technology in Banking?

In the early 90s, two scientists named Stuart Haber and W. Scott Stornetta first introduced the idea of blockchain technology. What they wanted was a technology that cryptographically stores the details of a digital document to avoid misdating. This system stored the details of these documents in a chain of blocks. This formed the basic […]

Openfabric May Roundup
Jun 10, 2024 7 minutes

Openfabric May Roundup

May started and ended with lots of amazing news from the team. From noteworthy giveaways and new Ai Apps introduction to forging partnerships with leading projects, the month was filled with remarkable achievements. Let’s take a look at what happened at Openfabric AI in May. Openfabric Ai influencer App Introduction We introduced a couple of […]

Ethical Consideration In Artificial Intelligence
Mar 15, 2024 12 minutes

Ethical Consideration In Artificial Intelligence

The world is moving fast in the direction of artificial intelligence. It is pertinent to note that there will be concerns as to how AI operates. This article is aimed at discussing the ethical consideration in AI and how they are handled. But first let us discuss Ethical AI. Defining Ethical AI Ethical AI encompasses […]

February Ecosystem Roundup
Mar 6, 2024 10 minutes

February Ecosystem Roundup

As we bid farewell to February, let’s reflect on the remarkable highlights that shaped the ecosystem during the month. From partnerships to soaring ATH milestones and captivating community engagements, February showcased Openfabric’s commitment to innovation and growth. Join us as we explore the exhilarating journey of achievements and milestones that define this dynamic ecosystem in […]

Openfabric 2023 Highlights
Jan 9, 2024 23 minutes

Openfabric 2023 Highlights

As we bid farewell to 2023, it’s time to reflect on the incredible journey of Openfabric AI and its highlights over the past year. The year 2023 marked a significant chapter in the story of Openfabric AI, serving as a pivotal turning point with a lot of captivating developments. From the releasing of new features […]

October Ecosystem Roundup
Nov 9, 2023 11 minutes

October Ecosystem Roundup

October marked a momentous period for Openfabric AI, as it ushered in numerous noteworthy achievements. Throughout the month, Openfabric AI celebrated several key milestones, including engaging in a multitude of AMAs, offering generous giveaways to its community members, launching its IDO on leading IDO Launchpads, and Launching the $OFN token on tier 1 CEX. Let’s […]

Openfabric AI Smart Contract Recently Audited by Hacken
Aug 25, 2023 3 minutes

Openfabric AI Smart Contract Recently Audited by Hacken

The inherent autonomy of smart contracts and the relatively high stakes involved in specific transactions mean that ensuring consistency and security is paramount. This requires knowing exactly how a smart contract will behave when it executes so that any potential flaws or intentional malicious code can be detected and addressed. The best way to prevent […]

New Partnership Announcement
Jul 25, 2023 3 minutes

New Partnership Announcement

In the rapidly evolving landscape of decentralized technologies and AI advancements, the collaboration between Openfabric AI and veDAO marks a significant milestone. As leaders in their respective domains, these two innovative platforms have joined forces to unlock new opportunities for investors, financiers, developers, and AI enthusiasts alike. With a shared vision of transparency, accessibility, and […]

Strategic Partnership Announcment
Jun 12, 2023 4 minutes

Strategic Partnership Announcment

Introduction When it comes to the web3 ecosystem, there are two key elements we need to address. Firstly, there’s the buzz, the discussions, and the overall fascination surrounding the industry. However, the real excitement lies in taking action – specifically, teaming up strategically with companies within the blockchain network. We are thrilled to announce that […]

Facilitate Caduceus developers in the creation of cutting-edge products and services based on AI
Jan 11, 2023 2 minutes

Facilitate Caduceus developers in the creation of cutting-edge products and services based on AI

We are excited to announce that Caduceus has been successfully integrated with the Openfabric platform. Developers can now explore and conveniently query AI and ML algorithms. This will enable them to create useful AI dApps for a variety of different use cases. It not only facilitates the creation of dApps but also makes the whole […]

Openfabric 2022 Highlights
Jan 11, 2023 18 minutes

Openfabric 2022 Highlights

As the year 2022 closed, it is hard to believe how quickly the time has passed. It has been a year filled with major milestones and achievements for Openfabric, including the most notable accomplishment of enabling the deployment of advanced Artificial Intelligence (AI) systems over commodity infrastructure in a decentralized network. As we look forward […]

Understanding Fat Protocols in Blockchain
Sep 20, 2022 4 minutes

Understanding Fat Protocols in Blockchain

There is a massive difference between the internet and the blockchain. Some researchers even term them polar opposites. If we picture the internet as an information machine, then the blockchain is the truth machine. On the internet, we get a free flow of information at a very low cost but authenticity and traceability are missing. […]

The Question of Ethics in Blockchain
Sep 6, 2022 5 minutes

The Question of Ethics in Blockchain

As with every technology and new development, blockchain has also faced its fair share of criticism and concerns. Most of these concerns revolve around the security, privacy, efficiency, and integrity of the system. The decentralized nature of blockchain and the lack of any central regulatory authority also makes some people anxious regarding the functioning and […]

Openfabric Can Help Miners Use Their Computation Power
Aug 12, 2022 3 minutes

Openfabric Can Help Miners Use Their Computation Power

Miners of The Modern World When we hear the term miner, the image of a worker digging away in some remote location comes to mind. While these miners toiled away in harsh conditions, the modern-day miner sits in an airconditioned room in front of a computer screen. The advent of cryptocurrencies has given new meaning […]

Blockchain and Accountability
Aug 3, 2022 4 minutes

Blockchain and Accountability

Ever since the inception of Blockchain, accountability has remained an active topic of concern in the community as well as for business owners and researchers. The main concern stems from the huge amount of decision-making power that these systems are believed to possess. Despite this, there is a way in which blockchain can be used […]

The Future of Blockchain
Jul 19, 2022 4 minutes

The Future of Blockchain

The Distributed Ledger Technology (DLT) that powers blockchain has the potential to disrupt many industries like finance, healthcare, supply chain, Internet of Things (IoT), and many others. Blockchain is not just an emerging technology anymore, its ever-increasing adoption and a large number of use cases have made it a strong candidate to be the foremost […]

AI Trends to Lookout for in 2022
Jul 14, 2022 4 minutes

AI Trends to Lookout for in 2022

Artificial Intelligence is continuing to grow and expand. Its importance is being felt more with every passing day and its use and application are being found in more fields and industries. Below we take a brief look at some of the AI trends that will be making headlines in the running year. Large Language Models […]

AI for the Uninitiated
Jul 8, 2022 4 minutes

AI for the Uninitiated

For those who are unfamiliar with Openfabric AI platform, today, we bring a brief explainer about what it is all about. Artificial intelligence has become a widely known term, but getting started with AI is not an easy task. Openfabric has taken this fundamental issue and developed an easy-to-use platform that makes AI available to […]

Partnership Announcement – Reef
Jun 9, 2022 3 minutes

Partnership Announcement – Reef

Openfabric, a new ecosystem for building and connecting AI Apps is now seamlessly connected to Reef, a high-performance blockchain platform that not only facilitates the creation of dApps but also makes the whole process cost-effective and hassle-free. Reef services will be available for dApp developers to use on the Openfabric platform. This will further facilitate […]

Cross AMA with DeepSquare Community, the Recap
May 20, 2022 8 minutes

Cross AMA with DeepSquare Community, the Recap

We had an exciting chat with DeepSquare team and learned much about their project and vision. DeepSquare delivers cutting-edge High-Performance Computing services. Data scientists, AI engineers, metaverse builders, researchers, artists, and physicists have everything they need to build the future in one place. If you missed the live AMA session held on the @OpenFabricAI telegram […]

Openfabric announces collaboration with Pledged Capital
May 16, 2022 4 minutes

Openfabric announces collaboration with Pledged Capital

Openfabric, the pioneer platform for building and connecting AI Apps, announced a new partnership agreement with Pledged Capital. This cooperation agreement with the decentralized Web3 accelerator and crowdfunding platform will help achieve Openfabic’s vision of providing easy AI access for all while also assisting Pledged Capital in providing their users with access to the most […]

Openfabric Team Released a new Research Paper
May 12, 2022 4 minutes

Openfabric Team Released a new Research Paper

The recently published research paper titled ‘Performance Analysis of an Ontology Model Enabling Interoperability of Artificial Intelligence Agents’, will be available in the Springer Series: Lecture Notes in Networks and Systems – ISSN 2367-3370. The work is a useful addition to the domain of decentralized AI, distributed ontologies, and blockchain. It brings forward new and […]

DeepSquare & Openfabric On A Mission To Democratize AI
May 10, 2022 3 minutes

DeepSquare & Openfabric On A Mission To Democratize AI

In a recent announcement, Openfabric, the first platform for building and connecting AI Apps, revealed a new agreement with the blockchain High-Performance Computing services provider, DeepSquare. This partnership will help advance the common vision of the two projects regarding the future of AI. Both teams strongly believe in the revolutionary power of AI and in […]

Advisor Announcement – Raghu Bala
Apr 19, 2022 2 minutes

Advisor Announcement – Raghu Bala

Openfabric is pleased to announce that we have onboarded veteran technology entrepreneur Raghu Bala to our advisory team! As an alumnus of Yahoo, Infospace, and PwC, he has an impressive track record of four successful startup exits. His areas of focus include Web3, NFT, Defi, Metaverse, IoT, and AI. Mr. Bala did his BA/BS in […]

Openfabric announces collaboration with UTU
Apr 14, 2022 5 minutes

Openfabric announces collaboration with UTU

Openfabric announces an exciting new partnership with UTU. Based on this partnership the trust infrastructure of UTU will be deployed on our decentralized AI platform and we will actively seek other ways to provide our community with more value resulting from this collaboration. What is Openfabric? As you already know, Openfabric aims to become the […]

Cross AMA with Pledged Capital Community, the Recap
Apr 5, 2022 10 minutes

Cross AMA with Pledged Capital Community, the Recap

We started our AMA session with Pledged Capital team, asking them some questions, find all the answers below! Let’s begin by introducing yourself as well as your project. I am Guillaume, CEO / CTO of Pledged Capital; my goal is to build platforms and technology that will improve the legitimacy, adoption, and success of the […]

Wealth Creation – Money vs Wealth
Apr 1, 2022 5 minutes

Wealth Creation – Money vs Wealth

In the previous blog post, we established how startups have come to be known as the ultimate medium for wealth creation. We also touched upon the interrelated concepts of innovation and idea creation. If you still haven’t gone through part 1 of the series, you can read the full post AI Startups and Wealth Creation. […]

Transcending from Zero to One – Openfabric AI’s Development
Mar 1, 2022 5 minutes

Transcending from Zero to One – Openfabric AI’s Development

Conventional growth models have no doubt led humanity to great discoveries within a short span of time. However, the disastrous consequences of mankind’s rapid progress are being witnessed today in the form of climate change and air pollution. The challenges of our present and our future require something out of the ordinary. In other words, […]

A Modern Approach to Artificial Intelligence
Nov 17, 2021 5 minutes

A Modern Approach to Artificial Intelligence

What Is Artificial Intelligence? Intelligence demonstrated by machines as opposed to human beings is classified as Artificial Intelligence. This is a basic conceptual definition, however, and there are degrees to AI competency. In other words, we can delineate gradients of “intelligence” based on what a system or machine can do. How can AI be classified […]

The difference between Artificial Intelligence and Machine Learning
Nov 17, 2021 7 minutes

The difference between Artificial Intelligence and Machine Learning

On a general note, innovations and new creations has been prevalent in this age. At the top of it is artificial intelligence. However, machine learning is also closely related to artificial intelligence in some way. That is why it is important to know the relationship between artificial intelligence and machine learning. As an addition, we […]

The Potential of Decentralized AI
Oct 15, 2021 5 minutes

The Potential of Decentralized AI

We are in the midst of a 4th Industrial Revolution that is unravelling in an Information Age. Human capital was mainly characterized into goods and services in the past. Now, it undergoes a more complex path involving data. Decentralized AI platforms have these complex path. There are multiple vectors of data influencing the process and […]

Utilizing Blockchain To Build A Smart Economy for AI Services
Oct 1, 2021 6 minutes

Utilizing Blockchain To Build A Smart Economy for AI Services

Artificial Intelligence (AI) is different from Human Intelligence! It is different in that machines, especially, exhibit a unique form of intelligence.. But there is a lot more depth to the subject before we show you a direct comparison. For starters, AI has three distinct levels; Narrow AI, General AI & Super-intelligence. We can briefly describe […]

Leveraging Blockchain and AI for Data Privacy and Cybersecurity
Sep 10, 2021 7 minutes

Leveraging Blockchain and AI for Data Privacy and Cybersecurity

In recent times, after the emergency of blockchain technology and AI, there have been some concerns regarding the privacy of user’s data. This was followed by major data breaches recorded. However, even within the chaos there have been very major breakthroughs in using AI for data privacy and cybersecurity to combat these issues. Active seeking […]

AI Blue Ocean Strategy – Wealth and New Income Streams
Aug 16, 2021 5 minutes

AI Blue Ocean Strategy – Wealth and New Income Streams

AI-driven change is coming sooner than most of us probably expect. Today, software can already “learn” and do more and more of what people do. The possibilities are almost limitless from providing customer service and information to analyzing X-rays, reading test reports, performing system audits, and giving legal advice. As technology improves, more and more […]

Helping AI Developers Monetize Their Work
Jul 17, 2021 5 minutes

Helping AI Developers Monetize Their Work

The industry is structured today, with current best-in-class AI enablement platforms. Despite this, AI developers and data scientists face many challenges when trying to monetize their work and bringing their research and value-added projects to the market. This is a significant waste of talent, and set drawbacks to the application of AI in real life. […]

How Startups and Focused Teams Can Drive Creative Innovation
Jun 17, 2021 5 minutes

How Startups and Focused Teams Can Drive Creative Innovation

Small, focused teams, for example, startups, can by their very design and composition create better improvements than larger teams. Here we are going to talk about why this is the case. In addition, we will see how Openfabric’s self-selected team of highly professional developers hope to empower others. How? By helping them unlock vast amounts […]

Empowering the Next Wave of Accelerating Returns
Jun 17, 2021 6 minutes

Empowering the Next Wave of Accelerating Returns

What is the Law of Accelerating Returns? Most people do not understand the concept of accelerating returns. Although not very popular outside the world of tech, we will be telling you shortly. At Openfabric, we believe that we can create the next generation of technological advancements and unlock the exponential value contained therein. We hope […]

Rating in the Openfabric ecosystem
May 12, 2021 9 minutes

Rating in the Openfabric ecosystem

The role of rating systems Have you ever found yourself wondering just how many of the choices that we make when we’re navigating the Internet are influenced by other peoples’ opinions and experiences? Whenever we are deciding to watch a movie on a streaming platform or making a purchase, most of us will tend to […]

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