Theoriq and Phala Network Partner to Advance Secure and Resilient AI Agents in Web3

Theoriq is thrilled to announce a strategic partnership with Phala Network, a leading TEE-based Coprocessor for AI. Phala enables AI to interact seamlessly with blockchains, allowing developers to build, launch, and monetize AI agents with robust security.

Navigating Web3 can be complex, often requiring multiple wallets and dApps for simple tasks. AI can simplify this by automating operations and enhancing the user experience. However, web2 AI agents face limitations—they are not smart contract-centric, preventing them from executing on blockchain operations securely.

Phala’s cutting-edge Trusted Execution Environment (TEE) compute capabilities addresses this gap, offering a secure environment for building confidential and verifiable AI agents integrated with on-chain smart contracts. Phala Network is transforming decentralized AI agents by revolutionizing AI Agents’ control and governance, ensuring operation within a decentralized hybrid cloud leveraging TEE and blockchain. This architecture eliminates central authority control, leading to more resilient, transparent AI aligned with user interests. It integrates tokenomics, governance, and incentivization within the ecosystem using cryptocurrencies.

Theoriq’s decentralized protocol has been developed to support the combination of specialized high-performance AI Agents into optimized Agent Collectives that are dynamic, interoperable, and secure. This approach complements the problem Phala is solving in Web3, and by partnering with industry leaders, we are ensuring that the decentralized development of AI advances both teams' missions of making AI and Web3 smarter, more equitable, and more efficient for its users.

Private, Efficient and Secure AI Agents Come to Life in Web3

Theoriq will require heightened data privacy capabilities as it rolls into its testnet, mainnet, and node events towards the end of this year. By leveraging Phala’s TEE network, we can enhance the protocol's security and trust, implementing industry-leading protection and reliability for our AI and ML operations.

A TEE (Trusted Execution Environment) is a secure enclave within a device's main processor, designed to isolate and protect data from external processes, even those with elevated privileges. This isolation creates a trust-minimized environment, significantly boosting security against potential threats. This feature could eventually be integrated into Theoriq’s no-code builders, expanding an extra layer of security to many use cases in the industry.

Additionally, the partnership will involve collaboration between each company's research and development teams to explore joint projects focused on enabling AI Agents to function seamlessly in Web3 environments.

The collaboration between Theoriq and Phala is built on a strong foundation of complementary technologies and shared visions. By partnering with leaders in the AI and Web3 segment, each team will enhance their ecosystems and ensure their tech stacks have access to secure, private, and efficient AI agent deployments.

About Theoriq

Theoriq is committed to building a responsible, inclusive, and consensus-driven AI landscape in Web3. At the forefront of integrating AI with blockchain technology, Theoriq empowers the community to leverage cutting-edge AI Agent collectives to improve decision-making, automation, and user experiences across Web3.

Theoriq is a decentralized protocol for governing multi-agent systems built by integrating AI with blockchain technology. The platform supports a flexible and modular base layer that powers an ecosystem of dynamic AI Agent collectives that are interoperable, composable and decentralized.

By harnessing the decentralized nature of web3, Theoriq is unlocking the potential of collective AI by empowering communities, developers, researchers, and AI enthusiasts to actively shape the future of decentralized AI.

Theoriq has raised over $10.4M and is backed by Hack VC, Foresight Ventures, Inception Capital, HTX Ventures and more, and have joined start-up programs with Google Cloud and NVIDIA.

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