Oort is a decentralized cloud computing platform that utilizes a blockchain-based verification layer to integrate global resources for secure data storage and AI model training. By leveraging idle computing power from data centers and edge devices, Oort reduces costs by up to 80% while ensuring 100% privacy for all data services.
Funding
$24.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+2Founders
Product
Problem
Traditional cloud computing solutions often come with high costs and potential privacy concerns, especially when dealing with sensitive data or AI model training. Centralized infrastructure can be inefficient, failing to leverage the full potential of distributed computing resources.
Solution
Oort is a decentralized cloud computing platform that aims to provide secure and cost-effective data storage and AI model training. By integrating global resources, from data centers to edge devices, Oort reduces costs while ensuring data privacy. The platform utilizes a blockchain-based verification layer to secure transactions and computations, offering a transparent and trustworthy environment for AI development. Oort's architecture allows users to leverage idle computing power, optimizing resource utilization and reducing reliance on traditional centralized cloud infrastructure.
Target Audience
Oort targets companies of all sizes, including those in AI, Web3, and traditional industries, seeking cost-effective, secure, and decentralized cloud computing solutions.
Features
- Decentralized object storage service for secure data storage and retrieval
- Decentralized computing service for AI model training and fine-tuning
- Blockchain-based verification layer to secure transactions and computations
- Proprietary Proof of Honesty (PoH) algorithm for trust verification
- Community-driven data generation platform (Oort DataHub)
- Integration with BNB Greenfield as an official Storage Provider
- Compatibility with edge devices (Deimos) and backup nodes (Filecoin, Storj, Crust, Arweave)