Tether CEO Paolo Ardoino previewed the company’s latest innovations in artificial intelligence at the Lugano Plan ₿ event. AI development kits prioritize privacy and leverage peer-to-peer (P2P) technology, allowing developers to write code once and deploy it to a variety of platforms.
This includes low-end mobile phones, flagship smartphones, high-end computers, and even smart home appliances. Ardoino emphasized the kit’s modularity, allowing support for multiple AI models and distributed storage of data.
Tether CEO unveils versatile AI kit using P2P technology
In a recent announcement on X (formerly Twitter), Tether CEO Paolo Ardoino highlighted the capabilities of Tether’s Local AI SDK, which is built on P2P technology. This SDK allows developers to write code on a wide range of devices, from $40 cell phones to high-end systems with H100 processors. This flexibility allows it to adapt to different technical environments.
Additionally, the AI SDK’s modular structure supports different models such as Marian and Llama, allowing it to adapt to different use cases. It also provides the ability to load and save model weights and fine-tune data in P2P data structures, ensuring privacy and decentralization. This approach aligns with Tether’s focus on creating secure, scalable artificial intelligence solutions for a variety of applications.
What’s more, Tether CEO Ardoino says the AI kit’s modularity is one of its core strengths. This property allows developers to use the model that best suits their needs while maintaining data integrity through a distributed storage mechanism. The AI SDK’s flexibility means it can be used in applications ranging from localized translations to complex calculations, making it accessible to 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 increases privacy and reduces dependence on centralized servers. Additionally, Tether aims to address growing concerns around data security and control and provide an alternative to traditional AI deployment methods.
Coinbase’s on-chain AI agent complements industry trends
Additionally, Coinbase recently introduced a new set of fully on-chain AI agents to Base, the Ethereum Layer 2 network. These AI agents can manage cryptocurrency wallets, interact with decentralized finance (DeFi) platforms, and execute transactions autonomously. The integration of AI into blockchain networks is a step towards creating a digital ecosystem where AI agents operate independently without human oversight.
Coinbase’s development aligns with Tether’s focus on artificial intelligence and privacy-centric solutions. As AI capabilities expand in the cryptocurrency space, both Tether and Coinbase aim to provide tools that address scalability and security challenges.
But the AI technology comes as Tether CEO and the company face intense scrutiny over a reported U.S. investigation. Although the company has refuted claims that an investigation is underway, market participants remain wary. Historically, regulatory concerns surrounding Tether have influenced market behavior, leading to changes in investor sentiment and trading patterns.
The impact of the study will also extend to changes in liquidity as traders assess the stability of Tether’s USDT stablecoin. As Tether continues to innovate, the company must also address the regulatory environment to maintain its position.
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Ronnie Mugendi
Ronnie Mugendi is a veteran crypto journalist with 4 years of professional experience and has contributed significantly to various media outlets regarding cryptocurrency trends and technology. With over 4,000 articles published in various media outlets, we aim to inform, educate and introduce more people to the world of blockchain and DeFi. In addition to his journalism career, Ronnie enjoys the thrill of riding his bike and exploring new roads and landscapes.
Disclaimer: The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.
