Tether launches privacy-focused health platform with on-device AI

Cointelegraph
ETH-1,91%
SOL-2,31%
ALEO3,3%

Tether has launched a new platform that aggregates data from multiple wearables and wellness apps into a single, locally processed dashboard, aiming to give users control over their biometric information.

The platform, called QVAC Health, aggregates data from fitness trackers, nutrition apps and other wearables into an encrypted dashboard that works offline, using on-device AI and peer-to-peer model downloads to analyze activity, meals, symptoms and medication logs without relying on external servers.

The app includes experimental computer-vision tools that can estimate calories and macronutrients from meal photos and can correlate those logs with data from multiple wearables to identify patterns in activity, recovery or sleep, all processed locally on the user’s device, according to a Wednesday announcement.

Apple, Samsung, Tether, HuaweiSource: QVACTether CEO Paolo Ardoino called the platform a “neutral ground for wellness data” that reflects the “company’s commitment to privacy-preserving local intelligence.”

Tether, the world’s largest stablecoin issuer, says future updates will include direct Bluetooth Low Energy connections that will let the app read data from certain wearables without routing information through manufacturer APIs or cloud services.

The platform is part of Tether Data’s QVAC project, which builds peer-to-peer, device-based AI systems designed to operate without relying on centralized platforms.

The global fitness-tracker market was valued at $52.29 billion in 2024 and is projected to grow to $189.98 billion by 2032, according to a Verified Market Research report. Major fitness-tracker manufacturers include Apple, Fitbit, Samsung, and Huawei

Related: Australian fitness firm tanks 21% on Solana treasury gamble

Privacy concerns drive new developments across crypto

Tether’s new platform aligns with comments Ardoino made in 2024, when he argued that running local AI models directly on user devices was the only reliable way to prevent data from being harvested or exposed through centralized servers.

Former White House adviser David Holtzman told Cointelegraph in December 2024 that AI-driven data aggregation and future quantum threats make large data repositories especially vulnerable.

Holtzman noted that AI can rapidly assemble behavioral and transactional data to identify targets more precisely, while future quantum attacks could break today’s encryption standards across sectors. He said decentralized systems can help reduce these risks by avoiding large, centralized data stores.

Apple, Samsung, Tether, HuaweiThe evolution of the internet. Source: Dock/CointelegraphThe various threats to privacy have spurred some action in the crypto community. In June, Ethereum co-founder Vitalik Buterin proposed a “pluralistic identity” model — a digital ID approach that lets people prove who they are or qualify for services without exposing all of their personal information.

In December, Fortune reported that Circle is developing a privacy-enhanced stablecoin called USDCx with Aleo, designed to give institutional users banking-level transaction privacy while preserving the ability to furnish compliance records when necessary.

Growing concerns over data exposure and surveillance have also fueled renewed interest in privacy-focused cryptocurrencies, with the Zcash protocol emerging as one of the beneficiaries.

Magazine: Meet the onchain crypto detectives fighting crime better than the cops

  • #Apple
  • #Business
  • #Samsung
  • #AI
  • #Tether
  • #Huawei Add reaction
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Tether Says It Will Be Audited By Big Four Accounting Firm—But Won't Say Which One

Tether plans to undergo its first full audit by a Big Four accounting firm to verify its $192 billion in reserves backing USDT. This move aims to ensure compliance with U.S. regulations under the GENIUS Act, although the specific auditing firm has not been disclosed.

Decrypt15m ago

Tether announces commissioning of the Big Four accounting firms to conduct its first full audit, further enhancing transparency of its $184 billion USDT market value

Tether announced that it has commissioned the Big Four accounting firms to conduct its first comprehensive independent audit, aiming to enhance company transparency and compliance standards. This audit covers digital assets and reserves, and is expected to have demonstrative significance for the entire stablecoin market. USDT has a market capitalization exceeding $184 billion, with over 550 million global users.

ChainNewsAbmedia1h ago

Tether Announces Hiring of "Big Four Accounting Firms" for Comprehensive Audit, USDT Transparency Enters Endgame Battle

Tether announced the engagement of a "Big Four accounting firm" to conduct its first comprehensive financial audit, elevating its transparency to enterprise-grade standards and addressing market concerns about its USDT reserves. The audit encompasses asset liquidity, internal controls, and regulatory compliance, and is expected to enhance institutional investors' confidence in the stablecoin and promote industry maturation.

動區BlockTempo1h ago

Tether hires a 'Big Four' firm for a full audit of USDT reserves

Tether has engaged a "Big Four" auditing firm for its first comprehensive financial audit of USDT, following scrutiny over its asset backing. This audit aims to enhance transparency regarding the $184 billion stablecoin's reserves and financial practices.

CoinDesk1h ago

Tether Signs with the Big Four Accounting Firms to Complete Its First Full Audit

Gate News bot message: Tether announced that it has signed with one of the Big Four accounting firms to complete its first comprehensive audit. This message comes from information published in a blog post. This is Tether's first time conducting such a comprehensive audit.

GateNews2h ago
Comment
0/400
No comments