There's this aphorism commonly used by Orochi Network "Trust what you can verify". This clearly means that you need to verify every bit of data before you can trust them.
Orochi forsters data verification through its data pipeline (zkDatabase).
In a structured and well audited network like Orochi, every other verification systems are underneath. Centralized data verification systems keep sprouting up with unverified data, unreliable Oracles and cloud servers, declining the demand for verified and provable data but Orochi Network flip the script and enable a system where every data is organized, structured and queryable without compromising privacy.
Interestingly, Orochi Network also ensures that contributors of this data are incentivized, rewarding them for their computation power.
The Orochi Network Verifiable Data Economy isn't complete without a verifiable storage layer (zkDatabase) , A Provable Vault (Zero-Knowledge Proofs), Verifiable Data Engine (Orocle), and Incentive Loop ( $ON).
How this works 👇
✓The Orochi's OnProver app sends provable data to
the zkDatabase ( Orochi's verifiable storage) here, the data is stored, structured and organized.
✓ The ZKP generates proofs
✓ Orochi's Orocle ( smart contracts) verifies the generated proofs without tampering with the content or identity of the data.
A Provable and Verifiable Data is ready for public consumption.
Orochi Network's verifiable data economy is a flagship development for
🔸 Developers building IoT devices, decentralized applications, Game apps, Lottery apps and ors.
🔸 Enterprises leverage on this provable and verifiable data to provide quality services for clients and strengthen the Data-to-Earn model ( Users can prove and monitize their data) hence benefiting from the Orochi's Verifiable Data Economy value chain
At the other hand, contributors of Orochi Network can leverage on Orochi Network's Incentive Loop ( $ON ).
As a user-centric project, Orochi ensures that key players, users and contributors of its ecosystem are rewarded for their computation power.
How Users and Contributors can Earn $ON 👇
✓ $ON will be distributed to active users of OnProver for every valid proof.
✓ Users who runs lightweight nodes on the OnProver app
✓ A portion of the token will be allocated to early birds, contributors and validators of the Orochi ecosystem.
The $ON token will be the fuel that drives Orochi Network's verifiable data economy. Its utilities are varsed and its value will be proven!
Are you ready to prove? 👇
https://onprover.orochi.network/?referralCode=8Lul_ricombarry
Read more here 👇
https://orochi.network/blog/category/verifiable-data-economy