OORT

What is OORT?

OORT is a decentralized cloud computing platform designed to support the development of trustworthy artificial intelligence (AI) applications. By leveraging global resources—from data centers to personal devices—OORT aims to provide scalable, transparent, and secure infrastructure for AI development. The platform ensures data integrity and privacy through its proprietary blockchain technology, fostering an inclusive and collaborative environment for AI innovation.

Core Components

• OORT DataHub: A community-driven platform for data collection and labeling, ensuring transparency and traceability in AI data pipelines.
• OORT Storage: A decentralized storage solution offering secure and cost-effective data storage, with savings of up to 60% compared to traditional services.
• OORT Compute: An upcoming service that will provide decentralized computing resources for AI model training and inference, utilizing geo-distributed GPUs.

Olympus Protocol

At the heart of OORT's infrastructure is the Olympus Protocol, a proprietary Layer 1 blockchain that connects various nodes across the network. It employs a unique consensus mechanism called Proof of Honesty (PoH) to ensure the integrity and reliability of data and computations within the ecosystem.

Native Token: OORT

The OORT token serves multiple functions within the ecosystem:

• Service Payments: Users can pay for OORT services using the token, often receiving discounts for doing so.
• Staking: Token holders can stake OORT tokens to support network operations and earn rewards.
• Governance: OORT tokens enable holders to participate in the platform's governance, influencing decisions on network parameters and development directions.

To maintain a deflationary model, the OORT Foundation commits up to 30% of its profits to buy back and burn tokens regularly, with a cap of 40% of the total supply.

Integration with Cryptoworth

OORT integrates seamlessly with Cryptoworth, enabling users to achieve financial clarity in their digital asset accounting workflows. Through this integration, users can efficiently track, categorize, and report their OORT token transactions, ensuring accurate financial reporting and compliance with accounting standards.

Getting Started

1. Set up a compatible wallet that supports OORT tokens.
2. Acquire OORT tokens through supported exchanges.
3. Participate in the OORT ecosystem by contributing data, providing storage or compute resources, or staking tokens.
4. Utilize Cryptoworth to monitor and manage your OORT holdings for streamlined accounting and reporting.

For more information, visit the OORT website.