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Cryptopolitan 2021-09-20 09:38:37

The New Oracle Project, Phoenix Global

Businesses and developers need an agile, scalable, and decentralized solution for deploying the next generation of consumer applications. Internet businesses are exploring more innovative and creative ways of satisfying today’s data-driven tech consumers. The onset of blockchains, cryptocurrencies, and emerging technologies in artificial intelligence (AI) and machine learning (ML) has transitioned internet consumers from the standard Web 2.0 to the present Web 3.0. The former emphasize user-generated content, ease of use, participatory culture, and interoperability. On the other hand, Web 3.0 helps build and deploy more actionable, intelligent, connected, and open products. Phoenix Global is a platform that aims to do just that by deploying the next generation of decentralized consumer applications that are scalable, usable, and interconnected. Outstanding features of the platform include native blockchain bridges to the following blockchains; Solana, NEO, Binance Smart Chain, Tron, and Ethereum. The Phoenix Oracle is an outstanding feature that will come in handy when deploying enterprise dApp and DeFi use cases. You will find single-node data validation and on-chain agnostics that will finally make public blockchains interoperable. Federated learning ensures machines can learn about data using a unique training algorithm that teaches the blockchain more about data models. What would be the use of data in the de...

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