San Francisco, California, January 7th, 2025, Chainwire
Users can now interact on-chain with a selection of Open ecosystem projects to receive $OPEN rewards. The initial list of eligible projects that offer $OPEN points includes AISweat.Shop, Overlord.bot, Gameboi.ai, and the OpenDeSci Platform. For more upcoming projects, visit https://webisopen.com/.
The specific details about the computation of Open Points and utilities have not been revealed as of now. You can expect further information on this matter shortly at
Furthermore, various open-source initiatives like AiSweat.Shop (ASS), the Open DeSci Platform, Overlord.bot, Follow, and others are anticipated to create lasting benefits for those involved in the open community.
What is Open?
The fundamental technology behind Open is the Open Virtual Machine (OVM), which provides unbounded, scalable, decentralized, and verifiable computational power for blockchains. This empowers the development of compute-heavy applications like AI learning, scientific simulations (DeSci), and sophisticated financial algorithm execution – all executed directly on the blockchain, ensuring immutability, transparency, and verifiability.
OVM as the Wormhole for Complex Compute
In simpler terms, the Open Virtual Machine (OVM) acts as a link between the unchangeable nature of blockchain transactions and the scalability of decentralized computing. This means that complex applications such as decentralized AI and scientific simulations (known collectively as DeSci) can now run on blockchain networks. By using OVM, blockchains gain the ability to handle advanced calculations, opening up new opportunities for powerful, decentralized systems.
This structure is adaptable for various applications, spanning AI-powered decentralized applications and intricate financial systems, without compromising the permanence, transparency, scalability, robust computing capacity, and decentralized nature of on-blockchain activities.
OVM – Verifiable AI Infrastructure
As a researcher delving into the realm of blockchain technology, I’m particularly excited about On-Chain AI and Machine Learning. The Open View Machine (OVM) is a game-changer here, as it facilitates computationally demanding AI and Machine Learning tasks directly on the blockchain. This empowers the development of sophisticated applications such as autonomous trader AI agents, sentient sentiment agents, predictive models, and personalized execution assistants. What sets OVM apart is its ability to uphold verifiability, ensuring transparency and trust in these advanced, on-chain AI solutions.
For example, AiSweat.Shop:
AiSweat.Shop (A.S.S.) is constructed using the artificial intelligence infrastructure of Open, which is also recognized as webisOpen on X. This platform facilitates effortless deployment of autonomous AI agents equipped with various capabilities in decentralized finance (DeFi). Additionally, it enables the tokenization of DeAI-Fi Agents.
AiSweat.Shop (A.S.S.) is a platform that easily allows you to create and deploy self-governing AI agents with financial capabilities in decentralized systems. It also supports the creation of tokens for these AI-based financial agents.
Verifiable DeSci
The Open Virtual Machine (OVM) provides a robust, distributed, and confirmable computing foundation, aiming to make sophisticated computational tools more accessible. To illustrate its functionality, it initially applies on-chain analysis of genetic similarities between two viruses – SARS-CoV-2 (sequenced in Wuhan, 2019) and SARS-CoV (sequenced in Toronto, 2003) – within the Open DeSci Platform. This demonstrates its potential to connect decentralized computation with the permanence of blockchain technology. By merging potent decentralized computing with blockchain permanence, OVM serves as a Data Bridge for innovations such as trustworthy and transparent AI and DeSci (Decentralized Science).
In this setup, we carry out our analysis entirely within Open’s Compute Wormhole, a combination of their Open Virtual Machine (OVM) and Trusted Execution Environment (TEE). The Hyperbolic Labs’ decentralized compute is integrated to ensure features like integrity, immutability, determinism, and resistance to manipulation. Furthermore, the OVM ensures verifiability by recording transactions on the blockchain, thereby fostering transparency and trust in the outcomes.
To exhibit the potential of OVM to the general public, we have made publicly available the demonstration and experiment of Open Desci Platform Alpha, which has been logged on the Open Chain (blockchain). For those interested in learning more, you can find additional information through this link.
- Reproducibility Guaranteed: Every computation is verifiable and reproducible, a critical feature for peer-reviewed scientific research.
- Secure Data Processing: A built-in Trusted Execution Environment (TEE) safeguards sensitive data, ensuring integrity and tamper resistance throughout the computational process.
- Effortless Genomic Analysis: Researchers can now compare viral genomes, such as [SARS-CoV-2] and [SARS-Tor-2], in a decentralized and democratized manner, without permission and access to exclusive and expensive hardware.
As a research analyst, I am excited about the growing possibilities that Open Virtual Machine (OVM) offers within the realm of Decentralized Science (DeSci). These advancements could serve as catalysts for more groundbreaking innovations, fostering an environment of transparent and democratized research.
OVM – Compute Lego
OVM enhances the capabilities of blockchain technology by providing a platform for trustworthy, decentralized computation. This means that blockchains can tap into vast, secure, high-performance computing resources without compromising their unalterable nature and verifiability. With its flexible and expandable structure, OVM allows various blockchains to be connected and linked with decentralized computing power, whether for artificial intelligence or decentralized science projects, much like connecting Lego blocks together.
OVM – Institutional DeFi Infrastructure
On-Chain Financial Models (OVM): Perfect for Decentralized Finance (DeFi), OVM enables on-chain risk evaluations, yield enhancements, and instant derivative valuations with confirmable and scalable computations. This brings high-end financial modeling to the decentralized finance ecosystem on the blockchain.
OVM – Gaming & Metavere Simulations
OVM offers the necessary, decentralized, and verifiable computing capacity for instant simulations, NFT creation, and intricate in-game economic systems directly on the blockchain. This significantly boosts the reliability and safety of assets within decentralized gaming environments and digital realms.
Open Ecosystem
Beyond the specific endeavors and ventures cited, the Open Ecosystem encompasses a variety of projects spanning areas such as artificial intelligence (AI), data, social networks, infrastructure, middleware, finance, data sources, creative content, and media. Collectively, the Open Ecosystem propels the progression of an open internet.
About Open (aka webisOpen on X)
The Open initiative represents a set of efforts geared towards advancing the open internet. As a whole, Open serves as a data and computing tunnel for emerging technologies such as trustworthy and transparent AI and Decentralized Science (DeSci). The Open environment encompasses projects like RSS3, RSSHub, and openinfo, collectively known as webisOpen. In simpler terms, Open is a group of projects that work together to push the open internet forward, focusing on innovative areas such as AI and DeSci.
Contact
Marketing Lead
KM KM
Open Collective
km@open.network
Read More
- 15 Charged for converting Drug Cartels’ Cash into Cryptocurrency in U.S.
- XRP Price Eyes $2 Support Level Amidst Market Correction
- PYTH PREDICTION. PYTH cryptocurrency
- OREO Unveils Six New Products for 2025
- Google’s Willow Quantum Chip Sparks Bitcoin Security Debate
- ‘Fast and Furious’ Star Paul Walker Remembered 11 Years After His Death
- Apple Lands Anya Taylor-Joy Led Drama ‘Lucky,’ Based on Bestseller
- Russell T Davies Says He “Kind Of Hopes” The Streaming Bubble Will “Pop”
- ‘Brides’ Finds a Distributor in Neon for Latest New Vampire Horror Movie
- India signals no fixed timeline for crypto rules, calls for global alliance
2025-01-07 12:37