Chung Dao is the Co-founder and CEO of Oraichain Labs, an AI-powered oracle and ecosystem for blockchains. He is also the Co-founder of Rikkeisoft. ^[1][2]

Education

Chung Dao attended the University of Eastern Finland for a Master of Science degree in Computer Science from 2012 to 2014. In 2014, he attended the University of Tokyo for a Doctor of Philosophy, Ph.D. in Computer Science, and graduated in 2017. ^[1]

Career

Chung Dao started his career in 2011 as an Assistant Professor at Hanoi University of Science & Technology. In April 2012, he founded Rikkeisoft^[3], a Software Solutions and Services provider in Vietnam. ^[1]

Oraichain

In August 2020, Chung Dao co-founded Oraichain alongside Duc Le Pham and Diep Nguyen and he serves as the CEO of the company. ^[1][4]

Oraichain (ORAI) is a public blockchain that allows users to create different data requests. Instead of users, smart contracts can also request data securely from Artificial Intelligence (AI) APIs through Oraichain. The blockchain network is built based on Cosmos SDK along with Terdemint’s Byzantine Fault Tolerance consensus that helps speed up transactions’ confirmation time. ^[4]

Oraichain's features include the AI marketplace for AI algorithms, an AI provider for devs, individuals, or companies, a staking & earning functionality, user/AI requests, and the OraiDAO for validators and stakeholders to review community changes. ^[4][5]

"Oraichain can be a bridge to make a trade-off between the security & AI" - Chung Dao in an interview^[6]

"With Oraichain, you can have enhanced AI-based farming strategies, so you can up that ROI... methods of identification that you can bring into it... automated trading based on price predictions."^[6]

ORAI

ORAI is the native token created and contained in the Oraichain network. There are three types of ORAI including ERC-20 ORAI on the Ethereum network, BEP-20 ORAI on the BNB Chain, and Native ORAI on the Oraichain Mainnet. ^[7]

The ORAI token has a total supply of 16,779,272 allocated between the Ecosystem, the DAO treasury, and the Foundation. ^[7]

On October 3, 2023, Oraichain teamed up with the Oasis Network to bring Oasis Privacy Layer #OPL to Cosmos via OraiBridge. This means more privacy options for builders and users on Oraichain and the greater Cosmos ecosystem. ^[8]

"Oraichain is an AI oracle that integrates AI and blockchain services, offering AI-driven services for NFT projects and NFT originality proof" - Chung Dao