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VERIDA AND KWAAI JOIN FORCES
Verida and Kwaai have announced a groundbreaking partnership to create a world-leading decentralized AI platform, uniting their complementary open-source technologies to empower individuals with private, personalized, and user-owned AI solutions.
By signing a memorandum of understanding, the two organizations have formalized their intent to integrate Verida’s decentralized data and connectivity stack with Kwaai’s decentralized AI systems, forming a robust open-source ecosystem designed to prioritize data sovereignty and personal agency.
This collaboration merges Verida’s expertise in secure, user-controlled data management with Kwaai’s focus on building Personal AI that respects individual privacy and autonomy. Together, they aim to redefine how AI is developed and deployed, ensuring users retain control over their data, computation, and decision-making processes in an increasingly AI-driven world.
The partnership also opens new possibilities for Verida’s $VDA token, which could evolve into a universal decentralized AI credit, enabling seamless access to storage, compute, and inference across an integrated, user-owned AI infrastructure.
With Kwaai’s vibrant community of over 850 volunteers comprising designers, builders, and researchers and support from more than 30 partner organizations, this alliance is poised to drive a global movement toward sovereign AI, empowering humanity to reclaim ownership of their digital lives.
#VDA #AI #POL #BTC
Verida and Kwaai have announced a groundbreaking partnership to create a world-leading decentralized AI platform, uniting their complementary open-source technologies to empower individuals with private, personalized, and user-owned AI solutions.
By signing a memorandum of understanding, the two organizations have formalized their intent to integrate Verida’s decentralized data and connectivity stack with Kwaai’s decentralized AI systems, forming a robust open-source ecosystem designed to prioritize data sovereignty and personal agency.
This collaboration merges Verida’s expertise in secure, user-controlled data management with Kwaai’s focus on building Personal AI that respects individual privacy and autonomy. Together, they aim to redefine how AI is developed and deployed, ensuring users retain control over their data, computation, and decision-making processes in an increasingly AI-driven world.
The partnership also opens new possibilities for Verida’s $VDA token, which could evolve into a universal decentralized AI credit, enabling seamless access to storage, compute, and inference across an integrated, user-owned AI infrastructure.
With Kwaai’s vibrant community of over 850 volunteers comprising designers, builders, and researchers and support from more than 30 partner organizations, this alliance is poised to drive a global movement toward sovereign AI, empowering humanity to reclaim ownership of their digital lives.
#VDA #AI #POL #BTC
PRIVACY IS POWER
In a world where every click, every login, and every share leaves behind a digital footprint, one thing becomes clear , data privacy isn’t just a choice anymore; it’s a necessity. Whether we realize it or not, we all crave control over our personal information. We want our identities protected, our movements respected, and our voices truly ours.
That’s where #Verida comes in, not just as a protocol or a platform, but as a movement. A silent force advocating for digital self-sovereignty, giving individuals the tools to own and manage their personal data in a decentralized way.
Even if you’ve never heard the name #Verida , if you value privacy, if you believe your digital identity should belong to you. If you want a future where trust is built on transparency and control then, you’re already a VERIDIAN.
That privacy is power.
That your data, your identity belongs to you.
Explore : verida.ai
#VDA #POL #BTC
In a world where every click, every login, and every share leaves behind a digital footprint, one thing becomes clear , data privacy isn’t just a choice anymore; it’s a necessity. Whether we realize it or not, we all crave control over our personal information. We want our identities protected, our movements respected, and our voices truly ours.
That’s where #Verida comes in, not just as a protocol or a platform, but as a movement. A silent force advocating for digital self-sovereignty, giving individuals the tools to own and manage their personal data in a decentralized way.
Even if you’ve never heard the name #Verida , if you value privacy, if you believe your digital identity should belong to you. If you want a future where trust is built on transparency and control then, you’re already a VERIDIAN.
That privacy is power.
That your data, your identity belongs to you.
Explore : verida.ai
#VDA #POL #BTC
Union Budget 2025: New Crypto Tax Proposals and What They Mean for Traders
In a significant development from India’s Union Budget 2025, cryptocurrency has been brought under Section 158B of the Income Tax Act, which addresses “undisclosed income.” This move introduces block assessments for crypto traders, empowering government agencies to investigate unreported crypto income, potentially imposing a hefty tax penalty of up to 60% for non-disclosure.
This retrospective measure, set to apply from February 1, 2025, will drastically increase the risk for retail crypto investors or traders who fail to report their earnings. Under block assessment, taxes are levied over multiple years, significantly escalating the financial consequences. Meyyapan Nagappan, Partner at Trilegal, pointed out that this shift will likely encourage traders to transact through regulated exchanges that withhold taxes, ensuring compliance with tax laws.
Moreover, India’s inclusion in the Crypto Asset Reporting Framework (CARF), as per the G20 declaration, mandates automatic exchange of tax information on crypto-assets across 52 jurisdictions. Alongside, the definition of “crypto asset” has been updated, recognizing it as a digital value secured by cryptographic technology, applicable from April 1, 2026.
Despite these advancements, there is no relief on high taxes in the sector. The current tax regime includes a 30% tax on crypto income and a 1% TDS on crypto transactions exceeding ₹10,000. These taxes have led to a sharp decline in trading volumes on Indian exchanges, with losses of up to 90% since their introduction in 2022.
While traders were hoping for tax reductions to foster participation, concerns remain over the continued disparity between compliant domestic exchanges and non-compliant international ones, particularly regarding the TDS provisions. The crypto community continues to await further adjustments to encourage growth while balancing regulatory oversight.
#CryptoTax #UnionBudget2025 #VDA #IndiaCrypto
In a significant development from India’s Union Budget 2025, cryptocurrency has been brought under Section 158B of the Income Tax Act, which addresses “undisclosed income.” This move introduces block assessments for crypto traders, empowering government agencies to investigate unreported crypto income, potentially imposing a hefty tax penalty of up to 60% for non-disclosure.
This retrospective measure, set to apply from February 1, 2025, will drastically increase the risk for retail crypto investors or traders who fail to report their earnings. Under block assessment, taxes are levied over multiple years, significantly escalating the financial consequences. Meyyapan Nagappan, Partner at Trilegal, pointed out that this shift will likely encourage traders to transact through regulated exchanges that withhold taxes, ensuring compliance with tax laws.
Moreover, India’s inclusion in the Crypto Asset Reporting Framework (CARF), as per the G20 declaration, mandates automatic exchange of tax information on crypto-assets across 52 jurisdictions. Alongside, the definition of “crypto asset” has been updated, recognizing it as a digital value secured by cryptographic technology, applicable from April 1, 2026.
Despite these advancements, there is no relief on high taxes in the sector. The current tax regime includes a 30% tax on crypto income and a 1% TDS on crypto transactions exceeding ₹10,000. These taxes have led to a sharp decline in trading volumes on Indian exchanges, with losses of up to 90% since their introduction in 2022.
While traders were hoping for tax reductions to foster participation, concerns remain over the continued disparity between compliant domestic exchanges and non-compliant international ones, particularly regarding the TDS provisions. The crypto community continues to await further adjustments to encourage growth while balancing regulatory oversight.
#CryptoTax #UnionBudget2025 #VDA #IndiaCrypto
#Verida Wins the MyData Award 2024–2025! 🏆
Honored to be recognized in the Business & Tech category for our ethical, human-centric approach to personal and private data.
Privacy, security, and user empowerment — at the core of everything we do.
At Verida, we’re building the infrastructure where individuals regain control of their data — and developers can build privacy-first apps using Verida APIs, always with user consent.
Just imagine how important that is in the age of AI.
The MyData Awards recognize organizations advancing the principles of the @mydataorg Declaration.
Verida stood out in a highly competitive field for our commitment to user rights, consent, autonomy, and privacy — especially vital in the age of AI.
This recognition follows the launch of Verida Vault — a secure web app to manage data from platforms like Google & Telegram, connect to dApps, and personalize the AI experience.
Universal Sign-In makes it easy for anyone to take control of their data.
Website: verida.ai
agentkyra.ai
#VDA #AI #POL #BTC
Honored to be recognized in the Business & Tech category for our ethical, human-centric approach to personal and private data.
Privacy, security, and user empowerment — at the core of everything we do.
At Verida, we’re building the infrastructure where individuals regain control of their data — and developers can build privacy-first apps using Verida APIs, always with user consent.
Just imagine how important that is in the age of AI.
The MyData Awards recognize organizations advancing the principles of the @mydataorg Declaration.
Verida stood out in a highly competitive field for our commitment to user rights, consent, autonomy, and privacy — especially vital in the age of AI.
This recognition follows the launch of Verida Vault — a secure web app to manage data from platforms like Google & Telegram, connect to dApps, and personalize the AI experience.
Universal Sign-In makes it easy for anyone to take control of their data.
Website: verida.ai
agentkyra.ai
#VDA #AI #POL #BTC
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