• 28 September, 2024
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Oasis Leads AI & Big Data Crypto Development: Report

Oasis Leads AI & Big Data Crypto Development: Report

Oasis Network (ROSE) has emerged as the most actively developed AI and Big Data-related cryptocurrency project over the past 30 days according to data from Santiment, a market intelligence platform. This notable shift sees Oasis surpass NEAR Protocol, which had previously held the top spot.

Oasis Network, known for its privacy-first design and scalable architecture, has seen significant development efforts, placing it at the forefront of AI and Big Data-related cryptocurrencies. This surge in activity reflects the increasing demand for privacy-preserving and data-centric blockchain solutions.

NEAR Protocol (NEAR), now in the second position, continues to be a major player with substantial development activity. NEAR’s focus on creating a highly scalable and user-friendly platform for decentralized applications keeps it relevant in the competitive crypto space.

Source: Santiment

The Graph (GRT) holds the third spot, maintaining steady development activity. The Graph is renowned for its decentralized indexing protocol, which allows for efficient querying of blockchain data, a critical feature for various decentralized applications.

Bittensor (TAO) follows in fourth place, also showcasing strong development activity. Bittensor’s unique approach involves creating a decentralized and open-source protocol for training artificial intelligence models.

Golem Network (GLM), positioned fifth, has been a consistent performer in the development space. Golem enables users to rent out their idle computing resources, fostering a decentralized ecosystem for various computational tasks.

Ocean Protocol (OCEAN), Oraichain (ORAI), iExec RLC (RLC), SingularityNet (AGIX), and Streamr Network (DATA) round out the top ten, each demonstrating notable development activities. These projects are making significant strides in their respective domains, contributing to the broader AI and Big Data landscape within the cryptocurrency industry.

The consistent development activities across these projects highlight the dynamic nature of the AI and Big Data sector in the crypto market. These advancements are not only enhancing the functionality and efficiency of these platforms but are also driving the adoption and integration of blockchain technology in various real-world applications.

The increased development activity among AI and Big Data-related cryptocurrencies indicates a robust and active ecosystem, with projects continuously pushing the boundaries of what is possible within the blockchain space.

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