Erik Voorhees, the founder of cryptocurrency exchange platform ShapeShift, has announced the launch of a new privacy-focused Artificial Intelligence (AI) platform called ‘Venice’. This platform marks his latest venture in the technology industry, focusing on user autonomy and privacy.
While the exact details and features of the Venice AI platform haven’t been disclosed, the emphasis is expected to be on user privacy and data security, considering Voorhees’s previous commitments to these principles. Voorhees has regularly spoken out against invasions of privacy in the technology sector and has expressed criticism of big tech companies’ data acquisition and handling practices.
The introduction of the Venice AI platform could signal a paradigm shift where people’s private information is treated with greater respect and businesses provide more privacy-conscious alternatives. Further information about the platform and its features is expected to be released soon.
It’s noteworthy to mention that Voorhees’s firm, ShapeShift, is renowned in the cryptocurrency world for pioneering the concept of a trustless exchange where users maintain control of their private keys. This indicates that Voorhees’s focus has consistently been on technology that empowers users and protects their privacy.