Tether CEO Paolo Ardoino has previewed the company’s latest innovation in Artificial Intelligence at the Lugano Plan ₿ event. The AI development kit prioritizes privacy and leverages peer-to-peer (P2P) technology, enabling developers to write code once and deploy it across various platforms.
This includes low-end mobile phones, flagship smartphones, high-performance computers, and even smart appliances. Ardoino emphasized the kit’s modularity, allowing support for multiple AI models and decentralized storage of data.
Tether CEO Introduces Versatile AI Kit Using P2P Tech
In a recent announcement on X (formerly Twitter), Tether CEO Paolo Ardoino highlighted the features of Tether’s Local AI SDK, which is built on P2P technology. The SDK enables developers to write code on a wide range of devices, from $40 mobile phones to high-end systems equipped with H100 processors. This flexibility provides adaptability across different technological environments.
In addition, the AI SDK’s modular structure supports different models such as Marian and Llama, making it adaptable to various use cases. It also offers the ability to load and store model weights and fine-tune data in P2P data structures, ensuring privacy and decentralization. This approach aligns with Tether’s emphasis on creating secure and scalable Artificial Intelligence solutions for diverse applications.
More so, Tether CEO Ardoino described the AI kit’s modularity as one of its core strengths. This characteristic allows developers to use models that best suit their needs while maintaining data integrity through decentralized storage mechanisms. The AI SDK’s flexibility means it can be used in applications ranging from localized translations to complex computations, making it accessible for everyday users and enterprise-level projects.
The Local AI SDK is designed to store data within a P2P framework, providing a secure environment for sensitive information. This structure enhances privacy, reducing reliance on centralized servers. Moreover, Tether aims to address growing concerns about data security and control, offering an alternative to traditional AI deployment methods.
Coinbase’s On-Chain AI Agents Complement Industry Trends
Additionally, Coinbase recently introduced a new set of fully on-chain AI agents on its Ethereum Layer 2 network, Base. These AI agents can manage crypto wallets, interact with decentralized finance (DeFi) platforms, and perform transactions autonomously. The integration of AI into blockchain networks is a step toward creating digital ecosystems where AI agents operate independently without human oversight.
The Coinbase development aligns with Tether’s focus on Artificial Intelligence and privacy-centric solutions. As AI capabilities expand in the crypto space, both Tether and Coinbase aim to provide tools that address scalability and security challenges.
However, the AI technology comes as Tether CEO and the company face scrutiny over a reported U.S. investigation. While the company has refuted claims of an ongoing probe, market participants remain cautious. Historically, regulatory concerns around Tether have influenced market behavior, leading to shifts in investor sentiment and trading patterns.
The impact of the investigation will extend to liquidity changes as traders assess the stability of Tether’s USDT stablecoin. As Tether continues to innovate, the company must also navigate the regulatory landscape to maintain its position.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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