The company behind the world’s biggest stablecoin is diving head-first into artificial intelligence with a new AI platform.
According to Tether CEO Paolo Ardoino, the stablecoin firm is launching a peer-to-peer network called Tether AI soon.
According to Ardoino, Tether is modeling its AI project off the artificial intelligence described in the science fiction literature of Isaac Asimov.
“Tether AI has one key goal: to be the ideal technological foundation to achieve the vision of AI described in Asimov’s science fiction books.
AI will become, in the coming decades, part of the very fabric of the universe.
Our technology will be open source, transparent, scalable and capable of adapting and evolving on any device regardless of hardware.”
The news follows last week’s report that Tether is looking to create a new US-dollar-pegged crypto asset by the end of the year.
The report said that Ardoino may have helped shape key legislation, such as the GENIUS Act – a bill that aims to give clear guidelines for stablecoins – and added provisions for Tether to help law enforcement.
As stated by Ardoino, according to CNBC,
“There is no company… even in the traditional financial system, that has such a breadth of collaboration with law enforcement. We are always trying to do better and more to block criminal activity… we have much better tools than the traditional financial system and we’re proving that every day.”
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