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New WEBisOpen Point System for Open Ecosystem Engagement

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by Giorgi Kostiuk

a year ago

Open has launched the WEBisOpen Point System, offering users points for engaging with projects in the Open ecosystem.

What is Open?

The core technology of Open is the Open Virtual Machine (OVM), which allows blockchains to perform advanced computations for AI and scientific models. OVM ensures decentralization, high performance, and verifiability of every computation.

OVM as a Compute Solution

OVM acts as a bridge between blockchain's immutability and scalable computing potential, supporting complex applications from decentralized AI agents to scientific simulations. This empowers blockchains to leverage powerful computing while maintaining decentralized system attributes.

Applications and Potential of OVM

OVM can support various scenarios such as decentralized AI applications and complex financial models. The technology enables full genome analysis within a decentralized environment without expensive hardware.

The OVM system expands decentralized computing capabilities, supporting various innovations in science, finance, and gaming, fostering the advancement of the open web.

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