Tether CEO Paolo Ardoino announced the development of the QVAC Keyboard.
It encompasses the integration of local and private AI directly into a keyboard.
In addition to promoting decentralization, QVAC will run locally on user devices, such as smartphones and brain-computer interfaces.
Tether, the creator of the leading stablecoin USDT, recently announced the upcoming QVAC Keyboard, designed to enhance privacy and efficiency. Although not yet launched, this product will expand Tether’s growing AI ecosystem.
Tether’s qvac is more than technology
On July 25, Tether CEO Paolo Ardoino announced the development of the innovative device, dubbed QVAC Keyboard.
It marks the integration of local and private AI directly into a keyboard. It is part of the latest iteration of Tether’s broader Quantumverse Automatic Computer (QVAC) platform.
The company announced the establishment of the QVAC platform in May, describing it as its vision for local, private AI. It is inspired by Isaac Asimov’s seminal science fiction story titled “The Last Question.”
The story follows the evolution of a cosmic AI. Currently, QVAC aims to build a peer-to-peer network capable of supporting sextillions of autonomous AI agents.
According to its website, Tether describes QVAC as more than just technology. It is a growing ecosystem designed to power sextillions of self-sovereign agents that can interact through the most resilient peer-to-peer network ever created.
Unlike traditional AI systems, which strongly rely on centralized cloud servers, QVAC runs locally on user devices, including smartphones and brain-computer interfaces.
This makes sure that data remains under the user’s control, eliminating the need for central points of failure, API keys, or gatekeepers. As a result, it is more unique compared to centralized servers.
QVAC Keyboard’s decentralized nature and adaptability make it a more appealing option. Based on the platform’s architecture, it can scale across different hardware, from wearables to advanced robotics, and function offline.
Some of the features of the keyboard include on-device AI-driven text predictions, secure data encryption, and potentially voice-to-text capabilities powered by local inference.
Tether’s ai move amidst other developments
It is worth noting that Tether’s move in the AI niche has been quite progressive. The stablecoin issuer’s first foray into AI came through its partnership with Northern Data.
In September 2023, Tether and Northern Data entered into a strategic partnership. This singular move demonstrated that the stablecoin issuer is poised to redefine the intersection of Decentralized Finance (DeFi) and AI technology.
With the QVAC Keyboard, Tether is positioning itself as a pioneer in the decentralized AI revolution.
In Tether-related news, it is worth noting that the company is finally returning to the U.S. market, following the signing of the GENIUS Act for stablecoins into law.
The new legislation enables banks and fintechs to issue or utilize stablecoins while providing clear regulatory guidelines for such activities in the US.
This presents an opportunity for USDT to compete directly in the regulated American market, where other stablecoins, such as USDC, already hold a dominant position.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.