Near AI will launch an encryption chat platform this month or early next month, NEAR has pumped 11.6% in the last 24 hours.

PANews September 19 news, according to Near co-founder Ilia Polosukhin revealed in the Rollup TV podcast, Near AI will launch an encryption chat platform this month or early next month, aimed at replacing existing chat tools such as ChatGPT. This product ensures user data privacy through end-to-end encryption technology, allowing users to provide 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 permission, promoting the rapid development of new applications. At the same time, NEAR positions itself as an “AI blockchain” and has developed frameworks such as Shade Agents, enabling autonomous robots to operate across chains while protecting 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 the flexibility of Web2 and the verifiability of Web3. According to OKX market data, NEAR has risen by 11.6% in the last 24 hours, currently priced at 3.25 USD. Previously, it was reported that the NEAR Foundation has established an AI research and development lab focused on developing AI developer tools.