Tether, the stablecoin giant, has just launched the QVAC AI platform – a bold move to challenge the dominance of major tech corporations with decentralized AI, allowing AI agents to operate independently right on personal devices and transact using both Bitcoin and USDT. Is this the beginning of a new era or merely a fanciful ambition?
QVAC: AI Without Data Centers
#QVAC , short for QuantumVerse Automatic Computer, is inspired by Isaac Asimov's science fiction story 'The Last Question', where the Multivac computer evolves into a god-like entity. Tether CEO Paolo Ardoino describes QVAC as 'the platform of infinite intelligence', allowing AI to run entirely on personal devices – from smartphones to brain-computer interfaces – without needing a data center. Ardoino emphasizes, 'Artificial intelligence should drive a new wave of growth for society and humanity, not hand over more control to corporations that own servers and gate access.'
This platform is expected to support trillions of AI agents and applications, operating in a decentralized manner on user devices, eliminating vulnerabilities or centralized attack risks. Tether also plans to release an open-source software development toolkit by the end of this year, allowing developers to build and deploy AI on various types of hardware, from laptops to embedded systems, even without a network connection.
Challenging Big Tech and Future Vision
Ardoino criticizes major tech corporations like Google, Meta, Amazon, and OpenAI for forcing users to depend on API keys, turning AI into a tool for controlling personal data. He argues, 'If you need an API key to use AI, it doesn't truly belong to you.' QVAC is designed to reverse this trend, providing user-centric AI, security, and independence, putting control of data, computation, and autonomy back in the hands of users.
#Tether positions QVAC as the first open platform, fostering an unstoppable ecosystem of AI agents that serve both humans and machines. Ardoino writes, 'If we want to answer the hardest question in space-time (‘How to reverse entropy?’), AI must become part of the structure of the universe.' This is a grand ambition, although details about the release date or costs have yet to be disclosed.
Potential and Risks
The decentralization of QVAC promises to eliminate risks from single points of failure while enabling automated transactions using Bitcoin (currently at $104,000) and USDT – a significant advantage in the cryptocurrency ecosystem. With crypto fund flows reaching $3.4 billion last week and a forecast of accumulating $330 billion into Bitcoin by 2029, QVAC could become a new driving force for the industry.
However, experts warn that automated AI agents can be manipulated to send transactions to bad actors without alerting programmers, posing challenges for security and ethics. Nevertheless, Tether's ambitions align with the trend against the dominance of Big Tech, creating opportunities for a decentralized AI ecosystem to develop in the long term.
Future Prospects: A New Era of Infinite Intelligence
If successful, QVAC will not only change how we interact with AI but also reshape the role of cryptocurrency in the digital economy. With Ethereum ($2,500) and other supporting blockchains, the combination of decentralized AI and crypto transactions could usher in a new era of innovation. However, effective implementation and ensuring safety will be key to realizing this vision in the next 1-2 years.
Conclusion: QVAC – A Transformation or a Major Challenge?
Tether's QVAC promises to deliver decentralized AI running on personal devices, challenging Big Tech and transacting with both Bitcoin and USDT. With plans to release an open-source toolkit and ambitions to support trillions of AI agents, this platform opens long-term prospects for cryptocurrency and technology. While it carries inherent risks, QVAC could lead the industry towards a creative and sustainable future if it overcomes technical and ethical challenges.
Risk Warning: Investing in cryptocurrency and new technologies carries high risks due to price volatility and legal uncertainties. Please consider carefully before participating. #anhbacong