Autonomys Network: Former Jumio Executive Appointed CEO of Recent deAI Vision before Mainnet Launch

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Palo Alto, California, June 14, 2024, Chainwire

Autonomys (formerly Subspace) is now an identity-based decentralized AI (deAI) stack enabling human + AI (H+AI) collaboration. Introducing Autonomy– A decentralized vertical AI (deAI) stack that includes distributed storage, distributed compute, and a decentralized application suite (dApp). The first primitive built into Auto Suite is our Autonomys ID decentralized identity protocol (Auto ID). Autonomys’ deAI ecosystem stack is designed to provide all necessary components for building and deploying dApps (super dApps) and AI-based agents and includes:

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  • Distributed Storage: Ensuring data integrity and availability, crucial when storing massive amounts of AI-related data.
  • Distributed Computing: Provides scalable and secure compute resources for AI training and inference.
  • dApp/agent layer: implementing and facilitating the development of AI dApps and agents, integrated with Auto ID to enable secure and verifiable interactions.

This vertical stack not only enhances the capabilities of AI applications, but also ensures that they run in a secure and decentralized environment. The combination of distributed storage and compute and a tough identity protocol positions Autonomys as a leader in web3 and AI convergence. Only a scalable, decentralized network capable of supporting billions of AI users can ensure the transition to H+AI technology. With these foundations, the Autonomys (formerly Subspace) Network is uniquely positioned to support the necessary primitives, including decentralized identity-based transactions, not only at the scale of the Internet, but also the Internet of Agents (IoA).

“In a decentralized, Web3-based future, people will be able to use artificial intelligence while maintaining radical autonomy over their destiny. Unlike centralized AI, which is often biased and profit-driven, a decentralized platform embraces the richness of humanity, ensuring that AI serves as an ally that reflects our diversity and enriches our lives. Only through decentralization can we achieve a future where artificial intelligence truly enhances human potential without sacrificing our values. We are the shameless maximalists of humanity.” – Labhesh Patel, CEO of Autonomys.

Autonomy NetworkA cornerstone of Autonomy’s vision for secure, sovereign collaboration is H+AI Autonomy Network,subspace protocol implementation. A huge community of farmers secures the blockchain – based on an inventive Proof of Archival Storage (PoAS) consensus, contributing to storage, thus earning rewards through busy participation. A growing network of node operators similarly provide compute (execution) power via our Proof-of-Stake (PoS) consensus mechanism and generate rewards. These separated execution environments are called domains. Read more about the protocol in the Autonomys Academy.

This powerful combination of PoAS consensus and PoS computing provides the ideal foundation for future stable, scalable products, including Autonomys ID (Auto ID) and applications built on top of this primitive solution. In this way, the Autonomys network will become the infrastructure layer underpinning the full web3 x AI (AI3.0) stack, while offering users control over their digital lives. Autonomys is helping pioneers chart an alternative path of autonomy to state dependence introduced by Universal Basic Income (UBI), suggested as a solution to a potential “job apocalypse” caused by the era of artificial intelligence. Meanwhile, our path leads to the Age of Autonomy.

Autonomy IDNo deAI stack will be complete if humans cannot provide rules-based access control. These are critical to ensuring AI agents develop and operate within safe and sound, ethical boundaries. Therefore, the need for a secure and verifiable identity is of the utmost importance.

Autonomy ID (Automatic identification) aims to address this need by providing a tough, privacy-preserving decentralized identity protocol that enables both humans and AI agents to seamlessly establish and verify their identities. It is a fundamental pillar of our mission to aid usher in the Era of Autonomy. Automatic identification allows you to prove your humanity and create a unique on-chain identity without being subjected to invasive biometric scans. This comprehensive proof of identity can then be used across various applications and dApp services.

However, the integration of automatic identification with Autonomy’s decentralized AI stack goes beyond human identity. By equipping AI agents with identities derived from human-controlled automated IDs, Autonomy can establish a system of trust and accountability. This ensures that AI agents stick to the barriers set by their human counterparts, creating a safe and sound and ethical AI environment. Users will soon be able to exploit their automatic ID to develop and effectively collaborate with AI agents that handle and execute convoluted transactions in a rules-based framework. Users may also be able to control agent permissions and authenticate AI-generated content, ensuring the traceability of generative content and allowing users to maintain control over their digital footprint as well as the footprint of their agents.

A tiny retrospectiveIn 2021, co-founders Jeremiah Wagstaff and Nazar Mokrynskyi published a white paper on the farmer’s dilemma after over three years of research and development, funded entirely by grants from the US National Science Foundation and Web3 Foundation. They developed a more equitable fourth-generation Layer 1 blockchain as originally envisioned by Satoshi Nakamoto. This marked the birth of the subspace network. Based on a novel consensus protocol that allows anyone to participate using a regular PC, the network will scale as the number of users increases. This made Subspace the first truly scalable, persistent, decentralized storage solution for web3. That same year, the project raised $4.5 million in seed funding, and in 2022, $33 million in a strategic financing round led by Pantera Capital, Coinbase (NASDAQ:) Ventures, Crypto.com, Hypersphere Ventures and Stratos Technologies.

Autonomy’s vision of enabling web3 on an Internet scale has evolved with the needs of the industry. In the following years, Subspace was unique in offering modular computation and execution, and developed into a scalable layer 0 blockchain for both storage and computation.

Looking to the futureAutonomys aims to go one step further. The up-to-date roadmap envisages that the Autonomys network will also serve as:

a future foundation layer for openness, security and accountability web3xAI integration.

The company believes it has the technology, personnel and experience to achieve this goal. Over the past year, the project has delved deeply into artificial intelligence under the inspiring leadership of our former CEO Jeremiah Wagstaff. While he and co-founder Nazar are stepping back from day-to-day leadership, they will continue to lead research and development on our most challenging problems, including further scaling through data slicing and collective adaptation of agentic AI. The team is extremely grateful for the insightful feedback we received from our diverse stakeholder ecosystem during this time. This played a key role in our decision-making.

Autonomy’s up-to-date CEO Labhesh Patel, an expert in identity and artificial intelligence, is leading Autonomys towards this AI3.0 mission and is already pushing the boundaries of what is possible. In the coming days and weeks, the community can expect to see Subspace domains, social handles, and more rebranded to Autonomys. Labhesh will soon be hosting an X/Twitter space where you can discuss these changes with the community. We are incredibly excited to meet him.

Labhesh has over a decade of experience in the AI, web3 and identity and access management (IAM) industries and brings a wealth of expertise to the table. In addition to developing cutting-edge technologies in digital identification, KYC and identity verification, Labhesh has spent years building and producing large-scale artificial intelligence models. It uses this experience to design an automated ID that will exploit fraud-resistant, non-intrusive protocols to provide a secure proof of identity (PoP) on the Autonomys AI3.0 stack. His professional career has been characterized by a commitment to privacy, security and the seamless integration of artificial intelligence and blockchain technologies.

Users can follow X and join the Autonomys community on Discord if they haven’t already. Exciting updates and announcements will be coming soon. Autonomys’ up-to-date vision – integrating the power of web3 with artificial intelligence – is starting to come to fruition with the release of Nova EVM and soon Auto ID. Looking ahead, we are focused on our plan to launch the service on the mainnet in Q3 2024, and the team looks forward to sharing more details and teasers of the Auto product suite in the near future.

AI3.0 by autonomyAs we move forward, Autonomys remains committed to innovating at the intersection of web3 and artificial intelligence – what we call AI3.0. Our vision is to create a world where AI agents and humans can interact seamlessly and safely in a decentralized ecosystem. By providing an end-to-end decentralized AI stack and a pioneering identity framework with Auto ID, we are laying the foundations for a future where technology empowers and protects individuals and their digital counterparts.

Welcome to Autonomy. Join us as an busy participant in the Era of Autonomy.

CommunicationMarketing leaderRadha MathurAutonomy Networkradha@autonomis.netEcosystem BossJim counterAutonomy Networkjim@autonomis.net

This article was originally published on Chainwire

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