Near AI will launch its crypto chat platform later this month or early next month, NEAR up 11.6% in 24 hours

According to ChainCatcher, Near co-founder Ilia Polosukhin revealed on the Rollup TV podcast that Near AI will launch an encrypted chat platform later this month or early next month, aiming to replace existing chat tools such as ChatGPT. This product ensures user data privacy through end-to-end encryption technology, allowing users to grant data decryption permissions in a controlled environment, further enhancing the security and personalized experience of AI services.

In addition, the platform will also serve as a developer tool, supporting new applications to access data context based on user permissions, driving the rapid development of new types of applications. At the same time, NEAR positions itself as an "AI blockchain" and has developed frameworks such as Shade Agents, enabling autonomous bots to operate cross-chain and protect data privacy. Shade Agents combine Trusted Execution Environment (TEE) with NEAR's decentralized key management technology, supporting proxy cross-chain transactions, interaction with AI models, asset management, and privacy-preserving computation, offering both the flexibility of Web2 and the verifiability of Web3.

According to market data from a certain exchange, NEAR has risen 11.6% in the past 24 hours and is currently priced at $3.25. Previous reports stated that the NEAR Foundation has established an AI research and development lab focused on developing AI developer tools.