The Good Tech Companies - Atoma Launches Private, Decentralized AI On Sui

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Atoma launches private, decentralized AI on Sway, by Chainwire. Grand Cayman, Cayman Islands, December 12, 2024, Chainwire, Asterisk Sway, the Layer 1 blockchain that delivers unparalleled scalability and speed, and Atoma Network, 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, codenamed Utopia, built on Sway that enables users to have full

Starting point is 00:00:42 ownership of their private data while still providing a user experience on par with centralized alternatives. With its integration currently live in its alpha version on Sway's mainnet, Atome 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 OpenIAPI, 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. 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 T's. As a result, AI computations are isolated from the rest of the system and AI inputs and outputs are fully private and beyond

Starting point is 00:01:35 access BYAI companies. Unlike centralized AI applications like CHAD-GPT, CLOD, 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. 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.

Starting point is 00:02:15 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. For example, Atoma powered decentralized ICANN, Indefi, manage portfolios, balance assets, and mitigate risks automatically. Execute trading strategies in real-time on market conditions. Interact securely with smart contracts for yield farming, lending, and staking. In social media, automate content moderation, curation, and community management. Deliver personalized recommendations for content, connections, and ads. Verify interactions and maintain user privacy. Private AI agents can also provide significant value across areas like personal assistance, shopping, gaming, and decentralized science, Deshi.

Starting point is 00:03:06 Atoma leverages Sway-related technology platforms to provide its best-in-class service. Atoma relies on the Sway blockchain for settlement, managing payments, and validating transactions, building on Sway'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 Sway 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. Greater than decentralized AI requires a blockchain

Starting point is 00:03:56 with high degrees of scalability, greater than lightning-fast transaction speeds, and low, predictable transaction costs and greater than on these metrics, Sway and Walrus really shine, said Jorge Antonio, CTO and greater than co-founder at Atoma. Sway and Walrus offer a combination of performance, cost greater than effectiveness, reliability, and ease of integration that is unique in our greater than industry and we are thrilled to build on the foundation they provide. Greater than, AI technology is advancing at an unprecedented pace, transforming industries greater than and reshaping how we interact with the world. As adoption accelerates, greater than decentralized and scalable solutions will be critical to safeguarding user greater than control over personal information,

Starting point is 00:04:39 said Jamil Kalfin, head of ecosystem development at the Sway Foundation. Greater than, Atoma's work, built on the highly scalable platforms of Sway and Walrus, greater than ensures that users can leverage the transformative power of AI without greater than compromising the security and privacy of their data. Contact Sway Foundation Media at Sway.io. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. And thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

The Good Tech Companies - Atoma Launches Private, Decentralized AI On Sui

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