ChainCatcher News: At the recent “Build and Scale in 2026” forum held in Hong Kong, Art Abal, Managing Director of Vana Foundation, delivered a speech on the theme “Why Data Is Critical to Building AI.” He systematically explained the core value of data as “context” in an AI-driven era, and how users can regain control of their data sovereignty and unlock its potential economic value through decentralized technologies.
Art Abal pointed out that the current AI ecosystem is facing serious data monopolization issues. The vast majority of consumers rely solely on a single general AI assistant and rarely use other major models, leading to centralization of data and context. Meanwhile, large tech companies have continued to restrict API access, terminate free services, and plan to charge fees, effectively depriving users of control over their data and its contextual value.
In response, Vana has proposed a comprehensive solution. First, by developing tools that enable users to truly own their data; second, establishing protocols to achieve cross-platform data portability; and finally, building an ecosystem encompassing applications, data DAOs (Decentralized Autonomous Organizations), and services to unlock the deep value of data.
He summarized that in the AI era, data equals context, and context is the key to differentiation. Vana’s mission is to return control over data, context, and its economic value to every user through decentralized protocols and ecosystems, thereby building a more open and fair data value internet.
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
Visa partners with Bridge! Enabling direct card payments with stablecoins, expanding crypto payments to 100 countries
Visa announces an expansion of its partnership with Bridge, a subsidiary of Stripe, planning to promote stablecoin cards in over 100 countries by 2026 and to push for on-chain settlement. This initiative will facilitate mainstream adoption of stablecoins and enhance payment convenience. Bridge is also testing the efficiency of blockchain settlement, aiming to transform traditional financial processes. This move reflects how payment giants are accelerating integration with digital currencies.
CryptoCity28m ago
HSBC CEO responds to Hong Kong stablecoin license application: hopes to take on a responsible role
The Hong Kong Monetary Authority plans to issue the first batch of stablecoin issuer licenses in March, with HSBC and Standard Chartered Bank expected to be approved. HSBC's CEO stated that they will actively participate in Hong Kong's financial innovation, exploring blockchain and tokenization services, including bond issuance and tokenized gold business.
GateNews29m ago
PYUSD solves the trucking invoice financing problem, reducing settlement costs by 90%
PayPal's stablecoin PYUSD is improving invoice financing issues in the North American trucking industry. Through integration with TCS Blockchain, carriers can receive funds on the same day, reducing settlement costs by up to 90%. This solution effectively addresses the long wait times caused by traditional invoicing processes and helps enhance the market application and competitiveness of PYUSD. TCS projects that by 2026, the freight invoice transaction volume will exceed $1 billion.
MarketWhisper39m ago
Tether and the city of Lugano, Switzerland, will invest up to $6.3 million to expand the Bitcoin program
PANews March 4 News, according to CoinDesk, Tether and the city of Lugano, Switzerland, have committed up to 5 million Swiss Francs (approximately $6.3 million) to expand their Bitcoin initiative, aiming to make Lugano a global digital infrastructure hub. The plan builds on the existing foundation of over 400 merchants accepting Bitcoin and USDT payments.
GateNews1h ago
Citibank is laying out Bitcoin infrastructure! Aiming to launch institutional-grade custody and cross-asset collateral this year
Citigroup is actively promoting the banking of Bitcoin, planning to launch institutional-grade custody services in 2026 to integrate traditional financial systems. By simplifying technical access and improving capital efficiency, Citigroup aims to reduce operational friction for institutional clients and incorporate digital assets into standardized management, further attracting conservative institutional funds into the crypto market.
CryptoCity1h ago
SoFiUSD collaborates with Mastercard to become a global settlement stablecoin
SoFi Technologies expands its partnership with Mastercard to include its fully reserve USD stablecoin SoFiUSD as a global payment settlement currency. This collaboration aims to integrate SoFiUSD into traditional financial settlement systems and support real-time transactions and cross-border transfers, further promoting the use of stablecoins in the financial market.
MarketWhisper2h ago
