Coinbase and Tether have introduced cutting-edge blockchain and artificial intelligence (AI) tools aimed at empowering developers and enhancing privacy within decentralized networks. These tools are designed to advance how developers interact with blockchain, granting users increased control, privacy, and autonomy in peer-to-peer (P2P) applications.
At the recent Lugano Plan ₿ conference, Tether unveiled its Local AI Development Kit, a software development kit (SDK) allowing developers to build P2P AI applications compatible with a broad spectrum of devices, from low-cost mobile phones to advanced servers. Tether’s Local AI kit aims to keep all processes secure within the P2P infrastructure, with a strong focus on user privacy.
Privacy-Centric Features with Modular Flexibility
Tether’s CEO, Paolo Ardoino, emphasized that the Local AI SDK is highly modular, capable of supporting various AI models, including Marian and Llama. This adaptability allows developers to customize AI functions according to specific needs, and notably, all data processing occurs on-device, ensuring privacy through a decentralized infrastructure. Tether plans to release the SDK as open-source software, giving the blockchain community a privacy-centric foundation for building private, scalable AI-driven applications.
Meanwhile, Coinbase has taken a different approach with the launch of Based Agent, an autonomous tool built on its Coinbase Developer Platform (CDP). Created by Lincoln Murr, this tool uses OpenAI’s language model, enabling developers to deploy on-chain agents in minutes. These agents can autonomously perform blockchain-based operations, offering a hands-free experience for tasks like executing smart contracts, managing balance checks, and performing asset transfers.
Expanding the Coinbase Developer Platform
The Coinbase Developer Platform (CDP) supports essential on-chain functions such as checking balances, requesting ETH on test networks, and transferring assets. These capabilities provide a versatile environment for both technical and non-technical users, promoting autonomous operations for a seamless experience in decentralized applications.
Together, Tether and Coinbase’s new releases signify a major step forward in merging AI with blockchain technology. Tether’s focus on secure P2P privacy aligns well with Coinbase’s efforts to create autonomous agents, setting the stage for new automation possibilities, heightened privacy, and greater user autonomy within decentralized systems. As AI continues to intersect with blockchain, the potential for advancing privacy, decentralization, and functional autonomy is limitless.