Verify

Walrus

Grand Cayman, Cayman Islands, December 12th, 2024, Chainwire 
<h3 id="demos-fully-private-and-decentralized-ai-chat-app-with-performance-on-par-with-chatgpt-and-perplexity-ai">Demos fully private and decentralized AI chat app with performance on par with ChatGPT and Perplexity AI</h3>
<a href="https://sui.io" rel="noopener noreferrer nofollow" target="_blank">Sui</a>, the Layer 1 blockchain that delivers unparalleled scalability and speed, and <a href="https://www.atoma.network/" rel="noopener noreferrer nofollow" target="_blank">Atoma Network</a>, a next generation decentralized AI engine, today announced that Atoma’s fully decentralized AI layer, first announced earlier this year, is live on Sui’s Mainnet. The team also offered reporters a first glimpse into the potential of decentralized AI with a decentralized AI Chat app (code named “Utopia”) built on Sui that enables users to have full ownership of their private data while still providing a user experience on par with centralized alternatives.&nbsp;
With its integration currently live in its alpha version on Sui’s Mainnet, Atoma is actively expanding its decentralized ecosystem with new nodes and application builders. For these developers, building on Atoma is an easy transition because Atoma’s API endpoints are directly analogous to those provided by the OpenAI API, which many of them are already familiar with. Then, with Atoma, they can create personalized applications like chatbots connected to social media, finances, or health applications that still maintain individuals’ control over their data.&nbsp;
One of the unique strengths of Atoma’s structure is that all of its AI processing occurs in secure areas within a processor — called Trusted Execution Environments, or TEEs. As a result, AI computations are isolated from the rest of the system and AI inputs and outputs are fully private and beyond access by AI companies. Unlike centralized AI applications like ChatGPT, Claude, or Perplexity, where the companies that created the technology can associate inputs with individual accounts, Atoma protects users with complete privacy and censorship resistance. At the same time, by leveraging one of the world’s fastest blockchains, Atoma can offer a user experience with speed and efficiency on par with the centralized versions.&nbsp;
While the AI chat app Atoma created as an initial demonstration represents one application of its technology, Atoma’s infrastructure empowers developers to create private AI agents that perform a multitude of tasks while protecting individual user data. Because the private AI agents on Atoma can access and process personal information without exposing user data, they are ideal for applications that require personalization and confidentiality.&nbsp;
For example, Atoma-powered decentralized AI can:
In DeFi:&nbsp;
<ul>
 <li>Manage portfolios, balance assets, and mitigate risks automatically.&nbsp;</li>
 <li>Execute trading strategies in real-time on market conditions.</li>
 <li>Interact securely with smart contracts for yield farming, lending, and staking.&nbsp;</li>
</ul>
In Social Media:
<ul>
 <li>Automate content moderation, curation, and community management.&nbsp;</li>
 <li>Deliver personalized recommendations for content, connections, and ads.&nbsp;</li>
 <li>Verify interactions and maintain user privacy.</li>
</ul>
Private AI agents can also provide significant value across areas like personal assistants, shopping, gaming, and decentralized science (DeSci).&nbsp;
Atoma leverages Sui-related technology platforms to provide its best-in-class service. Atoma relies on the Sui blockchain for settlement, managing payments, and validating transactions, building on Sui’s industry-leading sub-second transaction finality, support for high volumes, and predictable, low-cost transactions. Atoma also integrates Walrus, a decentralized storage solution built on Sui for fast, secure access to private data. This integration ensures that sensitive information is securely stored and easily accessible, supporting AI models in retrieving external data for context-rich insights. By automatically managing data retrieval during long interactions, Walrus enhances memory, contextual understanding, and workflow efficiency, enabling more accurate AI responses.
<blockquote>
 “Decentralized AI requires a blockchain with high degrees of scalability, lightning fast transaction speeds, and low, predictable transaction costs and on these metrics, Sui and Walrus really shine,” ​​said Jorge Antonio, CTO and Co-founder at Atoma. “Sui and Walrus offer a combination of performance, cost effectiveness, reliability, and ease of integration that is unique in our industry and we are thrilled to build on the foundation they provide.”
</blockquote>
<blockquote>
 "AI technology is advancing at an unprecedented pace, transforming industries and reshaping how we interact with the world. As adoption accelerates, decentralized and scalable solutions will be critical to safeguarding user control over personal information," said Jameel Khalfan, Head of Ecosystem Development at the Sui Foundation. "Atoma's work, built on the highly scalable platforms of Sui and Walrus, ensures that users can leverage the transformative power of AI without compromising the security and privacy of their data."
</blockquote> 
<h5>Contact</h5>Sui Foundation media@sui.io 
Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Atoma Launches Private, Decentralized AI on Sui (12 Dec)

Table of Contents

Chainwire

Other articles published on Dec 12, 2024

Texas has officially filed a bill for a Bitcoin Strategic Reserve

Blockchain provider Fireblocks sets up office in Japan to support institutional adoption

Dogecoin and Shiba Inu Investors Are Betting Big on XYZVerse’s 99x Potential This Cycle!

PoSciDonDAO Unveils a Decentralized Future for Personalized Medicine Research

XRP Price Prediction For December 12

What Does BlackRock and Fidelity’s $500 Million Ethereum Bet Signal?

Join our free newsletter for daily crypto updates!