Xoraichain is a blockchain platform initially created as an AI-focused oracle that has evolved into a full-fledged AI Layer 1 for the data economy and smart contracts. The project addresses the inability to run and integrate AI models within smart contracts by offering an infrastructure that leverages artificial intelligence for identification, credit scoring, price forecasting, and other scenarios.

The system integrates AI oracles, an algorithm marketplace, model provider capabilities, decentralized governance, and a staking mechanism, ensuring transparent access to external AI data. Xoraichain's architecture includes API testing based on benchmark cases and cross-chain compatibility, enabling AI services to be connected to most public blockchains and used in smart contracts and applications.