OORT Brings Decentralized AI to Binance Wallet with DataHub dApp

OORT DataHub has officially launched its Decentralized AI (DeAI) data collection dApp on Binance Wallet – marking the first-ever DeAI application to debut on the platform.

This strategic move puts OORT at the forefront of the DeAI revolution, placing its decentralized data collection, storage and processing infrastructure directly in the hands of over 486 million potential Binance Wallet users. In doing so, OORT isn’t just scaling user access to its AI training DataHub, but also rewriting the script on how machine learning datasets are sourced, owned, and rewarded in the decentralized era.

AI Training Bottleneck: A Shortage of High-Quality Datasets

In addition to Pandora’s box of ethical and transparency concerns, one of the biggest challenges LLM training faces today is a potential data drought in the near future. This is because of the rapid development of LLM models over the past few years, raising the demand for high-quality, unbiased and diverse datasets.  

According to an updated ML Trends dashboard by EPOCH AI, the training dataset size for language models has been growing by 3.7x per year since 2010. At this rate, estimates show that we will likely run out of AI training data anywhere between 2026 and 2032, depending on the rate at which LLM models are trained.

Source: EPOCH AI

Why Decentralization Could be the Answer 

OORT’s DataHub dApp sets the stage for a decentralized era of collecting, storing, and processing AI training data. In this new paradigm, LLM models won’t have to rely on centrally run databases but rather a distributed ecosystem where participants are incentivized to contribute towards building larger datasets that are not only high-quality but also unbiased and diverse. 

Take OORT’s DataHub which is now available on Binance Wallet for instance; existing users in the hundreds of millions can now participate in enhancing LLM training datasets as opposed to the traditional scenario where a few tech giants like Meta, Microsoft and Google run the show thanks to their expansive and already existing databases.  

To provide some more context, OORT DataHub rewards users in USDT for performing simple tasks such as collecting and preparing datasets for AI training. This model is a win-win for all the stakeholders involved; researchers and developers get access to fresh and high-quality data while contributors are rewarded for their input. 

It is also intriguing to observe that DataHub’s decentralized AI data collection model has gained significant traction in just a short period, with the latest Town Hall update revealing that there were already over 307,000 signups at the time. The dApp has also managed to collect 100,000+ home repair tool images and recorded 300 downloads of an open-source subset on Google’s Kaggle. 

With the Binance Wallet integration now in place, OORT is positioned to attract more contributors, given that the wallet features seamless multi-chain support. At the same time, Binance Smart Chain (BSC) stands to strengthen its ecosystem as a leading Web3 innovation hub, as up until now, no decentralized data collection solutions were integrated into Binance Wallet.